During the second quarter, an unexpected trend emerged in the banking sector as the industry’s giants, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, experienced significant declines in deposits, losing a combined net amount of $262 billion compared to the previous year. Meanwhile,
When you think of a nonprofit organization, you might immediately call to mind large charities such as the American Cancer Society, the ASPCA, or religious societies. Nonprofits exist in almost every sector: education, health, law, politics, art, and sports. Even companies such as Meta and
Entrepreneurship is essential for a country’s economic development. Entrepreneurs are few in any given population. Even in industrious economies, only a small percentage (1 to 2%) of the working population establishes a business within a year. Nevertheless, entrepreneurs and especially innovative ones can create new
Bitcoin, blockchain, crypto…Dogecoin. Are these new forms of money? The next hot investment? Or, a fad that will be irrelevant in 5 years? Unless you’ve been living under a rock for the last few years, chances are you’ve heard of Blockchain, a new digital technology
The announcement that Dollar Tree is raising its prices to $1.25 might seem like old news, but this is only the beginning. “This decision is permanent and is not a reaction to short-term or transitory market conditions,” says the retail brand. Dollar Tree is also
In 2019, Facebook first proposed a new cryptocurrency network on its social media platform that would change the way the world banks. In response, they were hit with major backlash from regulators because of concerns over instability of cryptocurrency like bitcoin. Over the last month,
Cryptocurrency is globally gathering more fame as many obtain potentially huge profits from it. However, their volatility also involves the risk of dramatic losses. Such contradiction creates constant hesitation and confusion among people as many believe cryptocurrencies are here to last while others perceive it
Under the Biden administration, a large push for an increase in the child tax credit and education spending has been made. This was a large part of Biden’s campaign, and part of it that he is seeing through. About two weeks ago, the first payments
Sneakers have always been a defining piece of every man and woman’s attire in the streetwear culture. It wasn’t until recent times with the rise of sneakerheads that a sneaker became a lucrative side-hustle for many people around the globe. Sneakerheads’ main objective is seeking
Immigrants living in the U.S expand and innovate the business community as they fill essential workforce needs. Research also highlights their significant contribution to the country’s integration and overall economic well-being. The United States has been historically perceived as the nation of nations. A country
Last month, it was discovered that consumers were spending a lot of money on retail. Investors, however, were not impressed as stocks ended in the red. The Government also reported a solid rebound in sales related to retail back in June. Even with the rebound,
The global price of carbon is at an all-time high. April 2020 marked the first moment in history that a metric ton of carbon was traded for over $50 in Europe. Since then, the global prices of carbon have continued to rise at a record-breaking
American theme parks are finally opening after being shut down for more than a year. The Pandemic caused theme parks across America to lose around $18 billion in revenue. Although these attractions took a major loss last year, this year they are preparing for a
The use of the phrase “The American Dream” was first coined by James Truslow Adams in his 1931 book Epic of America. He described America as “that dream of a land in which life should be better and richer and fuller for everyone, with opportunity
On March 26, 2021, the financial world awoke to the news that rattled some of Wall Street’s biggest players. To the outside world, and at the center of it all were some unfamiliar and obscure names—Archegos Capital and its Founder Bill Hwang. The word on
