Author: EconLearner
Saving cash (Photo by OZAN KOSE/AFP via Getty Images)AFP via Getty Images The Fed funds rate, the target rate at which commercial banks borrow and lend their excess reserves overnight, is expected to decline by the end of 2024, but not by much and likely not until later in the year. I shifted some of my own riskier and more volatile investments into cash so I could take advantage of the high interest rates that will continue into the new year. You can do the same. Here are four short-term vehicles that can help you grow your money without the…
(Photo by Mark Rightmire/MediaNews Group/Orange County Register via Getty Images)MediaNews Group via Getty Images Tis the season… to be suspicious. Scammers put the pedal to the metal on fraudulent pitches this time of year in many ways and target older Americans and retirees. Fake charity pitches and shopping sprees usually dominate the list of top scams. But there are many safeguards you can take to avoid fraud. “Bad actors are looking for ways to monetize the activity and cheat you out of your hard-earned money,” says Dr. Stephanie Benoit-Kurtz, head of cybersecurity school at University of Phoenix College of Business…
TOPSHOT – US President Joe Biden Announces Student Loan Relief August 24, 2022 in Roosevelt … [+] White House Room in Washington, DC. – Biden announced that most US college graduates still struggling to repay student loans will receive $10,000 in relief to address a decades-long headache from massive education debt across the country. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)AFP via Getty Images When the Biden administration launched its new SAVE income-driven repayment plan this year, the news looked really promising for nearly everyone paying off federal student loans. This new plan aimed…
WASHINGTON, DC – NOVEMBER 09: US President Joe Biden speaks to members of the media as he departs … [+] of the White House on November 9, 2023 in Washington, DC. The Biden administration implemented new rules for student loan forgiveness for public service borrowers. (Photo by Kevin Dietsch/Getty Images)Getty Images The Biden administration has implemented new rules governing a well-known student loan forgiveness program for borrowers who work in the nonprofit and public sectors. The updated regulations simplify the definition of full-time employment. The changes also expand the program to include certain professions that were previously excluded from loan…
US Congress and the Capitol dome in Washington, with cash floating above the building, … [+] depicting the payment of economic stimulus for the coronavirus and government spending. vector illustrationgetty There have been many discussions and debates about the national debt. There has also been a lot of finger pointing between various factions of the federal government. How long will Congress continue to overspend? Will the US ever go bankrupt? To answer these questions, we need to understand a few facts about the national debt. Data on the National Debt Here are some important things to consider: 1. The US…
US Congress and the Capitol dome in Washington, with cash floating over the building, … [+] depicting the payment of economic stimulus for the coronavirus and government spending. vector illustrationgetty There have been many discussions and debates about the national debt. There has also been a lot of finger pointing between various factions of the federal government. How long will Congress continue to overspend? Will the US ever go bankrupt? To answer these questions, we need to understand a few facts about the national debt. Data on the National Debt Here are some important things to consider: 1. The US…
Guarantee the Sale with ChatGPT: 5 Prompts to Make a Big Impression in Sales Meetings getty When you’ve booked a meeting with a prospect who could signal your next big client, it’s important to get it right. You want to open strong, captivate and leave them wanting more. But giving and selling doesn’t come naturally to everyone. Some people mumble their way through presentations, go off on tangents, and end up walking out of the sale. Don’t let this be you. Use ChatGPT to help you take your next big step, to navigate the process and sign up customers who…
AI microprocessor on motherboard computer circuit, artificial intelligence embedded in Central … [+] Processor unit or CPU chip, 3D rendering of futuristic digital data technology concept backgroundgetty As AI has moved from a futuristic idea to an accessible tool used in everyday life, we are just beginning to see its impact on a variety of businesses. From improving customer service to detecting fraud, AI has brought about significant changes in sparking innovation and change in a company. While AI can feel oversaturated, alone 22% of employees regularly use technology at work, indicating a wide gap between access and use. In…
By Nellie Akalp A holding company cannot be held responsible for the legal or financial problems of its subsidiaries.getty A holding company is a legal business entity (usually a limited liability company or C Corporation) that owns or has controlling interest in one or more companies (called “subsidiaries”). Other terms for a holding company include “parent company” and “umbrella company.” Regardless of the wording, a holding company helps protect the assets of its individual subsidiaries and limit liability risks across all of its subsidiaries. In addition to owning other business entities, a holding company may also own other assets, such…
According Statistics, more than 100 million people are predicted to listen to podcasts in 2024. While the industry is booming with new episodes every day, starting a show can be daunting. Jessica Abo sat down with two hosts to hear how they got started and find out how you can too. Dr. Crystal ConnerElixir Media Company The story of Dr. Krystal Conner Dr. Krystal Connor says the road that got her to where she is today was quite a bumpy one. She started as a pharmacist and then went to work in her family’s company, where she became CEO. But…