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Business & Finance Archives - Page 2 of 5 - Invest Smart
Thursday , November 21 2024
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Business & Finance

Millennials, It’s Time To Invest in Your Future

Colleen Ahern If you recently finished school and have landed your first serious job, you may think it’s a little early to start worrying about saving and investing your money. That couldn’t be farther from the truth. No matter how  you look at it, the earlier you start saving, the …

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The Best Investment Options in 2014

2014 Best Stocks

Frank Stafford Earlier this month, USA TODAY went inside Wall Street to glean some insightful financial information for the coming year from some of the nation’s top investment strategists/mangers. Called “USA TODAY’s Investment Roundtable”, the annual panel is an hours-long discussion about analysis and speculation concerning the markets in the …

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American Culture Values Entrepreneurs over Family Businesses

American Entrepreneurs

In an October 2013 article, the Financial Times explored the way that American culture venerates the entrepreneur. Whether Steve Jobs, Jeff Bezos, Mark Zuckerberg, or other cultural-business icons, successful entrepreneurs are lauded as living the American dream and driving innovation in the economy. This elevation of entrepreneurs, however, may unfairly …

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Colorado Voters May Change Flat Income Tax

Colorado Tax Policy

Colorado residents currently pay an income tax of 4.63 percent. In contrast to the progressive income tax systems of the federal government and many states, Colorado has a “flat” income tax system, which means higher earners do not pay proportionately higher income tax rates. Voters of the state, however, may …

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Raiding your retirement account to repay debt and avert the risk of filing bankruptcy

401k and Retirement

By: Trenton Fortes When you owe a mountain of credit card debt, is it better to file bankruptcy or take help of the professional debt relief options or raid your retirement fund? This is a million-dollar question asked by the debtors who are saddled with debt but yet don’t have …

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Fed to Continue Buying Pace of Bonds to Prevent Disinflation

Low inflation was the topic of the Fed today as they announced that they will continue a vast bond-buying program to combat low inflation. Low inflation has the propensity to hamper a slowly recovering American economy. In an announcement that was made this week, the Fed has committed to purchasing …

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Ford Motor Co. Showing Rebound After Big Recession Slump

The second quarter of 2013 has been immensely profitable for the Ford Motor Co. As a matter of fact, it’s been one of its most profitable quarters in corporate history. During the first six months of this year, the second largest automaker in the U.S. posted record profits. Ford Hauled …

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Odd Financial Times: Man Mistakenly Credited $92 Quadrillion by Pay Pal

In an odd twist of financial news, a recent Pay Pal system error made a man in Pennsylvania one of the wealthiest men on the planet, albeit temporarily. In fact, for a period of approximately 120 seconds, he was the wealthiest man in the world by far—even wealthier than Mexican …

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Positive Jobs Report Could Prompt Fed to Adjust Stimulus

A rather unexpected and hearty June jobs report by the U.S. government could actually motivate the Fed to halter stimulus bond-buying as soon as September, analysts say. Last month, more than 195,000 jobs were added in the nation. This places the average monthly figure for jobs added in 2013 to …

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California Dreaming – Home Prices Highest in 33 Years, Realtors Say

According to a recent report by the California Association of Realtors, home prices in California are at the highest levels they’ve been in more than three decades. The report highlighted that during the month of May, the median selling price on single family residences was at an average of $417,350 …

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Detroit to Creditors: We’ll Give You 10 Cents on the Dollar

The state-appointed emergency manager for the city of Detroit, Kevyn Orr, tasked with managing the city’s debt windfall alongside of a team of experts, has arrived at the conclusion for eradicating Detroit’s debt. The city recently stated that it was defaulting on more than $2.5 billion in debt, but made …

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Fed to US: Recovery “Moderate,” “Measured” and “Modest”

According to a recent report that was issued by the U.S. Federal Reserve, economic recovery is considered to be on pace. The agency was certain to note that while recovery is coming along, that it’s at a snail’s pace, coining the current pattern as “moderate,” “modest” and “measured.” This comes …

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