Tag Archives: Business & Finance

The IRS has learned to live lean since 2010, and no one seems to be complaining. At least, no one who makes less than $1 million dollars. Budget slashes, enacted throughout the last five years¹, have reduced the IRS to a shell of its former self, and the powers-that-be must …

In June, tensions between the Iraqi government and insurgent collective, ISIS escalated—and so did gold prices. It was roughly the same scenario late last year. Gold prices soared by up to 9 percent after a horrific chemical attack in Syria left hundreds dead and sparked talks of out-and-out U.S. military …

The consequences of workplace injuries can be devastating for employees, but employers that do not protect the health and fitness of their workers can also face substantial difficulties. These do not just include inflated insurance premiums due to accident at work compensation claims and industrial illness claims, but also disruption …

With Islamic finance expected to see aggressive growth last year, Malaysia is already setting in motion plans to become a major Islamic financial hub in the world. The government has recently unveiled plans to transform Kuala Lumpur into a financial center to attract international investors and promote trade. Through investments …

The Most Exclusive Club in North America Everyone wants to be wealthy, but some amounts of wealth come with their own price tag. Along with their success, the country’s richest investors have gained huge responsibilities. Some have also discovered that it can be lonely at the top. That’s where Tiger …

The Federal Reserve released a report this week stating that U.S. economic expansion remained “moderate.” The Feds attribute most of the recent economic gains to the recovering housing market. “Most districts noted increases in manufacturing activity since the previous report,” the central bank said in its Beige Book business survey, …

Over this past week, President Barack Obama sent his 2014 budget package to Congress. The package entails a $3.8 trillion blueprint for spending that Obama Camp says is designed to create the “ultimate bargain.” The goal of the spending package is to reduce runaway spending deficits by raising taxes on …

A stunning report that was issued by the Organization for Economic Cooperation and Development has stated that China is on course to overtake the U.S. economy a lot sooner than we had thought: by the year 2016. Last year, the economy in China grew by a whopping 7.8 percent. And …

D.C., Virginia and Maryland are more frustrated by the sequester budget cuts than Detroit is, rest assured. That’s because these three states combined earn 10 percent of their economy from defense spending annually. This is according to a late February report by Mark Vitner and Michael Brown, both Wells Fargo …