Mario What Is a Foreign Bank Branch? A foreign bank branch is a type of foreign bank that is obligated to follow the regulations of both the home and host countries. Because the foreign bank branch has loan limits based on the total bank capital, they can provide more loans than subsidiary banks. That is because … Leggi tutto
Many investors prefer to own physical gold and silver instead of exchange-traded funds (ETFs) that invest in these precious metals. While the tax implications of owning and selling ETFs are very straightforward, not many people fully understand the tax implications of owning and selling physical bullion. Below is a description of how these investments are … Leggi tutto
Additional equity financing increases the number of outstanding shares for a company. The result can dilute the value of the stock for existing shareholders. Issuing new shares can lead to a stock selloff, particularly if the company is struggling financially. However, there are cases when equity financing can be seen as favorable, such as when … Leggi tutto
What is IRS Publication 908 IRS Publication 908 is a document published by the Internal Revenue Service (IRS) that provides information on how federal income tax should be treated in the case of bankruptcy. IRS Publication 908 does not cover bankruptcy laws in detail, and is designed to give basic information. BREAKING DOWN IRS Publication … Leggi tutto
The United States has the largest national debt in the world, at over $30 trillion. This means that the government owes more money than it has collected in taxes. In order to continue paying its bills, the government must borrow more money. This can lead to a debt ceiling crisis, when the government reaches its … Leggi tutto
An investment should be thought of as a means to an end. At its basic level, an investment is there to provide money to support the lifestyle you want. But just determining a dollar amount isn’t enough for each of your investments. Something you also want to consider when planning out your investment strategy is … Leggi tutto
How to Invest for Beginners: An In-depth Guide to Kickstart Your Investment Journey Your road to financial freedom begins here! “How to Invest for Beginners” is a comprehensive guide to help you take your first steps into the world of investing. Outline: Heading Subheading Understanding the Basics of Investment – Introduction to Investment – Types … Leggi tutto
Master the Art of Money Management: How to Create a Budget Managing your finances should not feel like climbing a steep hill. Understanding how to create a budget can revolutionize your financial outlook and provide you with the tools to live comfortably within your means. In this comprehensive guide, we’ll journey through a step-by-step process … Leggi tutto
US Fed Raises Interest Rates to 20-Year High The Federal Reserve raised interest rates by 75 basis points on Wednesday, the largest increase since 1994, in an effort to combat inflation. The move nudged the federal funds rate to a range of 5.25% to 5.5%, the highest level in 22 years. The Fed also said … Leggi tutto
Europe Heatwave Likely to Worsen Global Food Crisis A heatwave in Europe is threatening to worsen the global food crisis, as it could lead to crop failures and livestock deaths. The heatwave has been causing record-breaking temperatures across the continent, with some countries experiencing temperatures as high as 45 degrees Celsius. This has led to … Leggi tutto