Heavy losses for tech stocks had the Nasdaq Composite flirting with a correction, defined as a 10% drop from a recent high, as major indexes renewed a slide tied to economic jitters. Source link
Image Source: 123rf.com Many companies have decided to roll back their DEI (diversity, equity, and inclusion) efforts and workers are concerned to see this happening. Over the last several years, corporate diversity went from just being a buzzword to something that was imperative to doing business. Companies that prioritized diversity often outperformed those who don’t…
The Texas Senate passed the Bitcoin (BTC) strategic reserve bill SB-21 in a 25-5 vote on March 6, after deliberating the merits of the legislation on the Senate floor. Texas State Senator Charles Schwertner argued for the bill, saying that it would help the US state shore up its balance sheet with a valuable, scarce…
Each year, about 30 per cent of Canadian homeowners face renewal, according to the Canada Mortgage and Housing Corporation (CMHC). With interest rates still high and everyday costs continuing to rise, most are worried about being able to keep up with increased payments. The stress of not knowing how you’ll manage monthly expenses, or worrying…
Brazilian fintech company Méliuz announced Thursday it had allocated 10% of its cash reserves into bitcoin, becoming the first publicly traded firm in the country to adopt a bitcoin treasury strategy. Méliuz invested $4.1 million to acquire 45.72 bitcoins at an average price of $90,926 per coin. The purchase represents roughly 10% of the company’s…
Image Source: 123rf.com Are you taking advantage of all the financial perks hiding in your workplace benefits package? Beyond the standard health insurance and 401(k) plans, many employers offer valuable financial wellness benefits that often go overlooked. With financial stress affecting so many workers today, these hidden benefits could make a significant difference in your…
2.7K While Subject Matter Experts (SME) are always in high demand among KPO services, BPO and other related businesses too can benefit significantly from them. An SME in BPO provides much-needed expertise to efficiently carry out a business function and helps with the smooth transfer of knowledge within the company. As a call center, contact…
U.S. trade deficit hits record $131.4 billion The Port of Newark in Newark, New Jersey, US, on Monday, Sept. 30, 2024. Michael Nagle | Bloomberg | Getty Images The U.S. trade deficit with its global partners hit a new record in January as President Donald Trump began his tariff campaign, the Commerce Department reported Thursday….
Understanding liquidity crises A liquidity crisis occurs when an organization lacks sufficient liquid assets, such as cash or assets readily convertible to cash, to meet its short-term financial obligations. Major hacks in the cryptocurrency exchange sector can trigger liquidity crises in several ways. The immediate depletion of assets, especially from compromised hot wallets, can severely…
In 2022, based on data from the CDC, there were more than 673,989 divorces in the US during that year alone. One study that asked divorcing parents why their relationship ended saw 40 percent of the participants cite issues with how their spouse handled money as a major factor. So, if you are wondering how…
