November 21, 2019
Bitcoin’s meteoric rise in 2017 dominated the news cycle. The popular cryptocurrency rocketed from around $1,000 in March of that year to break $20,000 by the end of December. After that nearly vertical move, of course, came a similarly steep …
November 20, 2019
Marc Benioff, the co-CEO of cloud-based software company Salesforce, says higher taxes on rich people like himself make sense. Benioff, in a The New York Times op-ed, calls it a “new capitalism.” “Capitalism, as we know it, is dead,” he wrote. …
November 19, 2019
Recently, there has been an abundance of hand wringing within the financial world, with experts worried that a recession is right around the corner. Goldman Sachs, the multinational investment bank and financial services company, is not buying it. …
November 18, 2019
The highest tier of professional athletes have some of the highest salaries in the world. What many people don’t realize is that despite their high earnings many well-paid pro athletes eventually go broke. Thankfully, this is not the case for all …
November 15, 2019
Larry Summers, former Treasury Secretary under Bill Clinton and the former director of Obama’s National Economic Council, thinks the wealth tax proposed by some progressive Democrats will backfire. With such close ties to the Democratic Party, …
November 14, 2019
Wall Street analysts have a penchant for jumping on the conventional wisdom bandwagon and reflexively engaging in group think. One of the most common examples of this phenomenon is the unwavering belief, embraced by investors and analysts alike, …
November 13, 2019
China, with a population of 1.4 billion, is currently home to the world’s second-largest economy. While China is still experiencing growth, it is not at the levels the country has grown accustomed to. The downtrend in China’s GDP growth …
November 12, 2019
John Rainey, the chief financial officer of payment processor PayPal, recently gave an interview where he heralded the death of cash. “We’ve been talking about this phenomenon or trend for years now, and it’s here,” he said. “We experience it …
November 11, 2019
Some Americans nearing retirement are facing a harsh reality. They haven’t saved nearly enough for retirement and must now decide how to address the looming shortfall. The following is a list of suggestions for helping those nearing retirement to …
November 6, 2019
Retirement presents an exciting new stage in many people’s lives. Many people choose to go embark on their retirement adventure in a new locale. The range of reasons for such a dramatic move is vast. Many senior citizens seek a warmer climate, …
