In the early hours of Wednesday, the US Congress finally reached an agreement on the nearly $2 trillion economic stimulus package. The purpose of the stimulus package is to salvage the US economy from...
While other daring investors Michael Burry thinks that investing in stocks in spite of the current market situation is worth the risk, other investors like Charlie Munger are of the opinion now may no...
On Monday, JCPenney announced that it paid a $4.5 million bonus to CEO Jill Soltau, and CFO Bill Wafford, Chief Merchant Michelle Wlazlo, and Chief Human Resources Office Brynn Evanson, each received ...
The process of documenting, compiling, and reporting the numerous transactions occurring from corporate operations over a particular period is known as financial accounting. The compilation o...
In a Friday report, the International Monetary Fund IMF said banks across the major nine global economies will struggle to generate profits for the next five years even as global economies recover. St...
A financial institution is an institution that deals with fiscal and monetary transactions such savings, lending, investing, and currency exchange. Banks, insurance companies, trust companies,&nbs...
One of the essential requirements for starting any business is financing. Throughout a company's existence and even after it is liquidated or acquired up, a significant amount of funds and ef...
Financial products and services have expanded across society more and more in recent decades. While prior generations might have mostly paid cash for their purchases, different credit instrument...
Finance may be defined as the management of financial resources, which includes planning, forecasting, budgeting, and investing. It entails employing future income flows to finance projects...
On May 15, the bill for Second Stimulus Check and Hazard for Essential Workers was successfully passed by the House. This happened in spite of the Republican-led Senate objecting the move of pumping m...