The technology-laden Nasdaq Composite Index is at an all-time high, as corporate earnings come in stronger-than-expected and U.S. Federal Reserve Chair Jerome Powell reassures markets that further interest rate hikes are unlikely. The Nasdaq is approaching the 17,000 level after another blockbuster earnings report from Nvidia (NASDAQ:NVDA). The market moving print has reignited investor confidence
You may want to change your mortgage lender before or after you purchase ShapeCharge / Getty Images Fact checked by Betsy PetrickFact checked by Betsy Petrick You can change mortgage companies for your home loan either before a home purchase closes or afterward through a refinancing. However, if you are considering switching lenders, you should
Social media continues to be a force in society and in the business world. The latest industry statistics show that there are 5.17 billion social media users worldwide today. The average person uses seven different social media networks each month, spending, on average, two hours and 38 minutes each day on the platforms and websites.
It’s always a good idea to fortify your portfolio with blue-chip stocks – solid, dependable names that you can bank on to deliver each quarter. But you can’t stop there. In order to diversify your portfolio and set yourself up for success, investors should also closely consider adding top stocks that cost under $10. Most
Super Micro Computer (NASDAQ:SMCI) stock is a compelling growth prospect for those optimistic about computing and AI advancements. Despite a pullback, its impressive earnings report signals robust growth.  SMCI stock is currently trading at around $850, significantly lower than its peak of over $1,200 per share. Collaborating with chip manufacturers like Nvidia (NASDAQ:NVDA) can lead
How a command economy compares to a free market economy Fact checked by Kimberly OvercastReviewed by Robert C. KellyFact checked by Kimberly OvercastReviewed by Robert C. Kelly A command economy is one in which a centralized government controls the means of production. This has both advantages and disadvantages when compared to a free-market economy, in
Explaining Economies Of Scale Is bigger always better? Learn about the important and often misunderstood concept of economies of scale. Reviewed by Michael J BoyleFact checked by Diane CostagliolaReviewed by Michael J BoyleFact checked by Diane Costagliola When more units of a product or service can be produced at a lower cost per item, economies
Easy ways to spot a fraudulent phone call, text, email, or letter Reviewed by Thomas J. CatalanoFact checked by Yarilet PerezReviewed by Thomas J. CatalanoFact checked by Yarilet Perez With some 68 million Americans receiving Social Security benefits, it isn’t surprising that scam artists invoke the program’s name in fraudulent phone calls, texts, emails, and
Reviewed by Khadija KhartitFact checked by David RubinReviewed by Khadija KhartitFact checked by David Rubin Reconciliation is a fundamental accounting process that ensures the actual money spent or earned matches the money leaving or entering an account at the end of a fiscal period. Reconciling the accounts is a particularly important activity for businesses and
Fact checked by Suzanne KvilhaugReviewed by Charlene RhinehartFact checked by Suzanne KvilhaugReviewed by Charlene Rhinehart Depreciation is a type of expense that is used to reduce the carrying value of an asset. It is an estimated expense that is scheduled rather than an explicit expense. Depreciation is found on the income statement, balance sheet, and