In March 2020, a $2 trillion stimulus bill was approved. The goal behind the COVID stimulus bill is to provide the American people with money during the slowdown of the economy. According to CNBC, nearly 4,000 start-up jobs were cut in March, and up to 47 million jobs could be Read more…
Since the coronavirus became a global pandemic, the government ordered millions of Americans to stay home. The goal behind this order is to prevent or slow down the spread of the contagious virus. Although this is a good idea, many Americans are out of work and home bored. Mobile and Read more…
“Recession is a normal part of the business cycle” – Investopedia What is a recession A period of declining economic performance across an entire economy that lasts for six months. Recessions often lead to business failures, bank failures, stock market meltdowns, and global slowdown. Although recessions cause local and global Read more…
Investors have shown increasing interest in environmental, social, and governance issues. It’s no secret that we face many environmental issues today with global warming, uncontrollable wildfires, air and water pollution, and waste disposal. Investors have been searching for ways they can positively impact the environment while making money through investing. Read more…
5G is the 5th generation of wireless network technology. The basic theme for 5G is its increased speed. 5G is expected to be 10x faster than 4G. However, 5G means more than faster cellular networks and increased download speeds. It has the ability to transform life as we know it. Read more…
According to The Motley Fool, the marijuana industry is expected to reach $146 billion by 2025. In November of 2019, a historic bill was passed to legalize marijuana on the federal level. A 5% tax was included in all cannabis products to help those affected by the war on drugs Read more…
“People need banking, not banks.” Ranjit Sarai Facebook is one of the next tech giants trying to enter into the financial services space. Facebook is in the process of developing a new digital currency called Libra. Libra.org describes Libra as “A simple global currency and financial infrastructure that empowers Read more…
“Some people don’t like change, but you need to embrace change if the alternative is disaster” – Elon Musk Wall Street is declaring Space as the next trillion-dollar industry. Billionaire entrepreneurs like Richard Branson, Elon Musk, and Jeff Bezos are at the forefront of human space travel. Branson’s Virgin Read more…
“Banks have to upgrade themselves or risk being burnt to the ground” – JP Nicols Google announced that it will now offer a checking account in 2020. Google is not the only tech giant trying to enter into the world of finance. In 2019 Apple launched its long-awaited “Apple Read more…
“Numbers don’t lie” – Max Holloway Data plays a significant role in our daily lives. Big Data Analytics industries are predicted to reach $275 billion by 2023, according to MarketWatch. The U.S supplies 80 % of Big Data investment monies. Businesses in every industry utilize data to find new customers Read more…