Are we in a recession? A former chief economist at the U.S. Department of Labor and a former chair of the White House Council of Economic Advisers weigh in.
The answer is more complicated than it may sound. Broadly, it depends on what you consider a "tax" and how you account for the bill's aggregate benefits.
Guest Post | Aug 5, 2022 Emerging technologies touch nearly every aspect of the business world, and that includes the accounting department. Financial technology — or fintech for short — is any technology that supports, automates, or enables a company’s or individual’s use of financial services. In the accounting department, fintech helps accountants do their
Periods of economic decline can cause uncertainty. Some situations that may occur during an economic downturn include Initial Public Offerings (IPOs) declining, markets falling, and reallocated investor capital. The uncertainty recessions bring can incline founders to wait to launch a … Continue reading
WEF | Jul 25, 2022 The global pandemic accelerated the digital transformation of work and the work experience. Stranded at home, millions of workers across the globe replaced daily commutes, office desks and watercooler chats with Zoom calls. Cue the next evolution in the virtualization of work, the metaverse; essentially an application of spatial computing
President Joe Biden has said he'll be making his decision on student loan forgiveness this month. Here's what borrowers should know.
Being jobless for six months or more can expose households to more financial risk. The long-term unemployment rate has now returned to pre-pandemic levels.
Kraken Blog | KrakenFX | Aug 5, 2022 The crypto industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll. In June and July, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures in the wake of “extreme market conditions.” June’s leverage-related fallout for crypto
Crowdfund Insider | JD Alois | Aug 2, 2022 The Securities and Exchange Commission (SEC), Small Business Capital Formation Advisory Committee (SBCFAC) met today to discuss liquidity for certain exempt securities in the form of secondary trading. More specifically, the Committee addressed securities issued under Reg CF (Regulation Crowdfunding) and Regulation A (Reg A+). In
The number of people with credit cards and personal loans hit record highs in the second quarter of 2022, according to TransUnion's latest report.
When asked what the biggest financial risk is to their retirements, many retirees say the markets. But it turns out another factor carries a much bigger weight.
TechCrunch | Rita Liao, Carly Page | Aug 3, 2022 An unknown actor drained funds from approximately 8,000 wallets on the Solana network, Solana’s Status Twitter account said. It’s estimated the loss so far is around $8 million. The attack — which has only affected only “hot” wallets or wallets that are always connected to the internet,
As today's prospective home buyers confront high home prices and rising interest rates, there's one thing they can do to save – raise their credit scores
Betakit | Meagan Simpson | Aug 4, 2022 Kirk Simpson is just one month removed from stepping down as CEO of Toronto-based Wave, and about to embark on his next venture. Simpson has teamed up with early Wave investor Peter Carrescia to launch a company focused on decentralized identities, called Qui Identity. Things are moving
With student loan forgiveness possibly on the horizon, here's who could be included in a jubilee, and who may be left out.