Virtual currencies such as Bitcoin are coming under increased scrutiny by federal regulators as their popularity continues to advance, triggering a cautious reaction from officials. The Consumer Financial Protection Agency announced that they will begin to take grievances by people who utilize currency-like products such as Bitcoin and internet exchanges where these forms of money… Continue Reading
According to The Global Business Travel Association, business travel that originated in the US grew by 3 percent in 2014 over the previous year. Company’s spent $71.2 billion in the first quarter of 2014, an increase of 7.6 percent over the same period during the previous year. Analysts believe that US business travel spending will… Continue Reading
What had been a market in the doldrums was roused from listlessness this week after the announcement by the Federal Reserve that the US job market is improving and inflation is low. Wednesday’s rise in the Standard & Poor’s 500 index was the fourth straight day of rising values, reaching a record high at closing… Continue Reading
April was a strong month for the US economy as business inventories posted their largest increase in six months. Leaving out figures for automobiles, the data support expectations for a significant improvement in growth during the year’s second quarter. Numbers released by the Commerce Department on Thursday showed inventories rising by 0.6 percent in April,… Continue Reading
It’s not always easy for a woman in a man’s business world. But these days, more and more women are rising to the challenge. In this article, we focus on two such women who juggle the demands of an executive career in the insurance industry, with being a mom: Beatrice R. Perez and Inger Loftheim. … Continue Reading
For the first time this century the United States saw more than 200,000 jobs added to the economy for four months in a row. This and other data are pointing to a US economy in definite recovery mode, despite the continuing difficult economic struggle still experienced in Europe and Asia. May’s gain of 217,000 jobs… Continue Reading
According to financial information company Sageworks, US clothing retailers have been more profitable in recent years, despite slowing sales growth. Privately held apparel shops have posted a net profit margin of almost 7 percent, on average, in 2013. That figure is about twice what it was during the preceding two years. Sales however showed slower… Continue Reading
Customized managed portfolio strategies involving low-cost exchange traded funds (ETFs) are continuing to attract advisors and investors in 2014. A recent report from Morningstar revealed that ETF-managed portfolios saw a 40% increase in assets last year, reaching $96 billion. Other strategies with more than half of their assets in ETFs had similar results. ETFtrends.com explains… Continue Reading
MtGox, the online home of what was one of the largest Bitcoin exchanges, was left blank yesterday morning. The unavailable content revealed that the exchange is on the verge of collapse- in fact, a number of Bitcoin companies stated that MtGox intended to file for bankruptcy after an apparent major theft and technical problems. The… Continue Reading
New Year’s is a time of new beginnings, and there is no better time to improve your business. Take advantage of the momentum and enthusiasm that generally come with new beginnings, and get your small business in gear with these five resolutions: File all legal paperwork. Go through the endless stacks of documents that have… Continue Reading