Investing

Within hours of launching bids for the Conservative party leadership following Boris Johnson’s resignation last week, senior candidates pledged sweeping tax cuts that threaten to leave a black hole in the UK’s finances. The economy is set to be a defining issue in the race to become the UK’s next prime minister, with a dividing
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Hello and welcome to the working week, In this year of significant elections, the UK has the most significant election this week, but one that is only open to a few hundred backbench Westminster MPs. It is the vote to refresh the Conservative party’s parliamentary governance body, the 1922 committee. The first task for the
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When investment analysts want to understand the risks associated with a mutual fund or a hedge fund, they look first and foremost at its standard deviation. This measurement of average variance has a prominent place in many fields related to statistics, economics, accounting, and finance. For a given data set, standard deviation measures how spread
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The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper’s responsibilities into eight basic steps. Many of these steps are often automated through accounting software and technology programs. However, knowing and using the steps manually can be essential for small business accountants working
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Sri Lanka’s president Gotabaya Rajapaksa said he will step down next week, according to the country’s parliamentary speaker, as escalating protests over the country’s economic crisis pushed the government towards collapse. Prime Minister Ranil Wickremesinghe also said he would resign in response to pressure from party leaders after a day of mass protest in Colombo on
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What Is the Second Chance Pell Experimental Sites Initiative? The Second Chance Pell Experiment Sites Initiative is a United States Department of Education program that provides incarcerated individuals with Pell Grants for their educational endeavors. In April of 2022, the Biden Administration announced an expansion of the program, potentially reaching up to 200 schools starting
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Keeping financial accounts safe from cyberattacks has become more important than ever as Internet crimes continue to rise. The Federal Bureau of Investigation estimates that cybercrime cost its victims $6.9 billion in 2021. If you have a 401(k) or another plan covered by the Employee Retirement Income Security Act (ERISA), you may be wondering whether
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Boris Johnson’s allies aim to stop Rishi Sunak becoming Conservative party leader and are accusing the former chancellor of treachery for triggering the prime minister’s premature exit. More than 50 Conservative MPs quit the government after Sunak and health secretary Sajid Javid resigned on Tuesday, leading Johnson to step down as Tory leader two days
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Homeowner equity jumped a record 35% in the United States hitting $9.9 trillion in 2021. According to Black Knight, homeowner equity averaged $185,000 at the end of 2021. As housing prices vaulted, millions of Americans sought out home equity loans, by a process that involves taking out a loan—often at a lower interest rate than
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Boris Johnson will be able to earn millions of pounds from his brief but turbulent tenure as British prime minister but will need to look overseas for his biggest paydays, according to talent industry executives. Senior figures in publishing and the after-dinner speaking circuit said Johnson will command a seven-figure advance for any Downing Street
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Does your health insurance come with deductibles in the four figures? If so, you’re probably eligible to establish a Health Savings Account (HSA). Used in combination with a High-Deductible Health Plan (HDHP), funds deposited in an HSA can go towards paying medical bills until the plan’s deductible is met and your healthcare coverage goes into effect. HSAs
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The shooting of former Japanese prime minister Shinzo Abe has sparked condemnation from political leaders across the world. Abe, 67, Japan’s longest-serving prime minister who stood down in 2020, died after being shot twice in Nara, a city close to Kyoto. Jens Stoltenberg, secretary-general of Nato, the western military alliance, said he was “deeply saddened
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For investors who believe that Bitcoin (BTCUSD) is likely to crash at some point in the future, shorting the currency might be a good option. The number of venues and ways in which you can short Bitcoin has multiplied with the cryptocurrency’s increasing spotlight in mainstream finance. Here are some ways that you can go
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The market for fully electric vehicles is growing. The reasons are many, including new regulations on safety and vehicle emissions, technological advances, and shifting customer expectations. But much of the mainstream acceptance and excitement for electric cars can be attributed to Tesla Motors Inc. (TSLA) and its unique business model. Tesla founder and CEO Elon Musk
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