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Governments the World Over Crack Down on Cryptocurrencies

Cryptocurrencies are rapidly losing value as governments the world over are cracking down on mining, purchases and exchanges. Bitcoin has lost nearly half of its value, tumbling from over $20,000 to less than $12,000. Ethereum, Ripple, Litecoin and other well-known cryptocurrencies also fell as investors worry about countries creating new regulations affecting cryptocurrencies or even … Continue reading “Governments the World Over Crack Down on Cryptocurrencies”

The Stock Market Indicates That 2018 May Be Another Record-Setting Year

The saying “As January goes, so goes the year,” refers to what is called “The First Five Day Barometer.” This is the idea that January stock performance tends to predict the rest of the year’s stock performance. According to the First Five Day Barometer, if equalities post high in the first five days of the … Continue reading “The Stock Market Indicates That 2018 May Be Another Record-Setting Year”

6 Ways to Avoid an IRS Audit This Year

The new year isn’t very old, but it’s not too early to think about your 2017 taxes. This year’s deadline for filing — April 17, 2018 — will be here quickly. The following six tips can help you avoid the dreaded IRS audit this year. 1. Neatness Counts The refrain of your elementary teachers who … Continue reading “6 Ways to Avoid an IRS Audit This Year”

What If China Stops or Slows Buying US Debt?

China is the largest lender to the United States, buying billions of dollars of treasury notes each year. The communist state’s lending has largely been beneficial to the United States, and we borrow from them each year — which the United States government uses to finance its own deficit spending. While this tactic may have … Continue reading “What If China Stops or Slows Buying US Debt?”

December Jobs Report Shows a Great Year for the Trump Economy

Since Trump was elected, reading jobs reports has been a pleasurable experience. Jobs are growing. Economic conditions are improving, and there is nothing but good news. Let’s take a look at December and see how it caps Trump’s first full year in office.   Let’s begin with a look at December’s numbers. The country added … Continue reading “December Jobs Report Shows a Great Year for the Trump Economy”

The Swiss National Bank Enjoys Huge Profits from 2017

At the beginning of every year, you expect to hear from the biggest names in technology, retail, and more about their stellar profits from the year prior. From Apple to Nike, Louis Vuitton to Facebook, these are the big brands that most consumers sink their money into. One of the most profitable names from 2017 … Continue reading “The Swiss National Bank Enjoys Huge Profits from 2017”

The 4 Best Ways to Avoid Financial Scams

Look hard enough at any news source and sooner or later, you’re likely to see something somewhere about people becoming victims of a financial scam. Perhaps it’s an athlete whose unethical former manager cost him millions, or a Ponzi scheme that’s victimized thousands of senior citizens. Whatever the case, financial scams are real threats. In … Continue reading “The 4 Best Ways to Avoid Financial Scams”

Can Grocery Stores Avoid the Retail Apocalypse?

The year 2017 was in some respects the worst year ever for the retail industry because it had a record number of announced store closings — at least 6,700 — and a large number of bankruptcies at major retail chains, including Toys ‘R’ Us. The trend of store closings continued in the first week of … Continue reading “Can Grocery Stores Avoid the Retail Apocalypse?”

Identity Theft Runs Rampant During Tax Season

Since tax season is right around the corner, you are probably thinking about how much of a refund you’re going to get. Maybe your imagining all of the things you’ll do with your refund — like redo your bathroom or plan your next vacation. Instead, you should be thinking about how to protect your identity. … Continue reading “Identity Theft Runs Rampant During Tax Season”

Job Creation: Donald Trump vs. Barack Obama

If there wasn’t so much disinformation coming from the suited goons on CNN, we could sum up this review of the job creation abilities of Trump vs Obama thusly: Trump = Quality / Obama = Quantity. Obama lowered the unemployment rate by encouraging businesses to create low paying jobs. These jobs made it possible for … Continue reading “Job Creation: Donald Trump vs. Barack Obama”

Why Everyone Needs an Emergency Fund Right Now

An unplanned car repair. A home HVAC system that unexpectedly decides to bite the dust. A medical expense that your health plan doesn’t fully cover. Or in the most dire of circumstances, job loss. The aforementioned are all good reasons to have some sort of an established emergency savings fund, as unanticipated expenses that range … Continue reading “Why Everyone Needs an Emergency Fund Right Now”

Flashback: The 10 Biggest Business Stories of 2017

Many retailers struggled last year, but 2017 was a very exciting time for investors. When the stock market opened for trading in 2017, the Dow Jones Industrial Average was 19,762 points, a gain of 13.5 percent for the year, while the Standard & Poor (S&P) 500 index was 2,239 points, up 9.5 percent, and the … Continue reading “Flashback: The 10 Biggest Business Stories of 2017”

Top IPOs to Look Out for in 2018

IPOs, or initial public offerings, are often high risk, high reward endeavors. While many IPOs don’t go exactly how investors predict (Facebook), other IPOs soar from the start (Tesla). For solid companies with good fundamentals, an initial public offering gives investors a chance to get in on the ground floor. But it really depends on … Continue reading “Top IPOs to Look Out for in 2018”

2018 Begins With Epic Developments in Venture Capital

With the new year comes top venture capital deals to whet your appetite. Some of the world’s biggest names are on the move, raising funds and snapping up other companies. The impetus behind all the action is to position these companies to make better inroads toward their goals as well as to diversify their holdings. … Continue reading “2018 Begins With Epic Developments in Venture Capital”

The Long-Term Impact of Tax Reform on Foreign Investments

The recent tax reform has passed both the Senate and the House and signed into law by President Trump. It’s been well-established that the law is a net-win for the middle class and small business owners. However, what impact will this far-reaching change to the way our company funds growth and infrastructure support have on … Continue reading “The Long-Term Impact of Tax Reform on Foreign Investments”

Why Disney’s Takeover of Fox is a Very Big Deal

It’s probable that no television program in American television history has been more associated with a TV network as “The Simpsons” has been associated with Fox Broadcasting Company. Fox debuted in late, 1986. “The Simpsons” was a sketch on the Fox network’s “The Tracey Ullman Show” from 1987 through 1989, debuted as a TV program … Continue reading “Why Disney’s Takeover of Fox is a Very Big Deal”

The Netflix Effect: Companies Transforming Entertainment Now

Chapter 1 of the history of the television industry was fascinating in many ways, but the business part of the chapter was dominated by three companies. They were so dominant that writing here that the companies that owned the ABC, CBS, and NBC networks from the late 1940s through the late 1970s seems redundant. In … Continue reading “The Netflix Effect: Companies Transforming Entertainment Now”