FinCen’s Proposed Ruling for Cryptocurrency Use Still Looms as a Major Concern

Bitcoin continues to gain support from major companies that have recently unveiled plans of accepting bitcoin and other cryptocurrencies as payment forms. Yet concerns on how the U.S. Treasury Department plans to regulate the use of cryptocurrencies still loom as potential factor that could affect the benefits of using crypto money for online transactions. Prior […]

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What Is Wealth Management And Who Are Wealth Managers?

Not every high-net-worth individuals (HNWI) and ultra-high-net individuals (UHNI) have similar approach towards their money. But how do HNWIs and UHNIs differ? The former are those with a net worth between $1 million and $5 million, whereas the latter have a net worth of $30 million and over. By simply looking at the numbers, you […]

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Pres. Biden Says $15/Hour Wage Hike Might Be Excluded in Pandemic Relief Package

In a recent CBS interview, Pres. Biden disclosed that the provision aiming to raise federal minimum wage to $15 could be excluded from the $1.9 relief package. Nonetheless, the President added that he would be urging Congress to pass a separate bill that will see to the promised $15 per hour minimum wage increase. He […]

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  • SC Upholds Authority of FHFA to Collect Profits on Bailout Money
    On June 23, the U.S. Supreme Court issued a ruling on the lawsuit filed by Fannie Mae and Freddie Mac investors versus the Federal Housing Finance Agency (FHFA). Supreme Court Justice Samuel Alito ruled that even if FHFA’s structure is flawed to the point of being unconstitutional, he and all other SC Justices unanimously agreed […]
  • The Effects of Political Changes on Stock Prices
      A nation’s government shapes the company environment in which firms operate. Government policies such as modifications to regulations, taxes, rates of interest, and spending programs so have a massive impact on individual businesses’ operations along with their stock price. This lesson will explain to you the way federal policies influence the purchase cost of […]