U.S. Business Activity Hits 27-Month High in July
July's 27-month high in U.S. business activity suggests strong economic momentum. Rising from 54.8 in June to 55.0, the flash U.S. Composite PMI Output Index from S&P Global Since April 2022 this is the highest level. Tracking both manufacturing and services, the index has a reading above 50 suggesting growth. Driven by notable increases in the services sector, this consistent increase points to robust private sector expansion. The ris... Continue Reading
Introduction to Protecting Your Rental Real Estate Investment
Renting real estate has become a go-to investment strategy these days. It's a good way to earn a consistent income and accumulate long-term wealth.
However, renting a real estate property comes with many risks. Your tenant can file a lawsuit against you, property damage risk and unforeseen circumstances can all spoil your investment success.
Therefore, be proactive in protecting your assets, and ensure a wise rental real ... Continue Reading
Oil Prices Edge Higher Amid Canadian Wildfires and Falling U.S. Crude Inventories
Though they stayed close to their six-week low, oil prices slightly rose on Wednesday. Prices started to rise following three consecutive sessions of drop. Falling U.S. crude inventories and supply concerns from Canadian wildfires were mostly responsible for this. September Brent crude futures climbed 66 cents to $81.67 a barrel. September U.S. West Texas Intermediate (WTI) crude rose by 78 cents to $77.74 per b... Continue Reading
Introduction to Managing and Resolving Tax Disputes
Tax disputes are an unavoidable aspect of business that can arise at any time and involve complex legal and financial issues. Whether it's a dispute over tax returns, audit findings, or tax assessments, the potential implications for a business can be significant, affecting not just financial stability but also the reputation of the company. Preparing effectively can make a substantial difference in the resolution process.
Preparing f... Continue Reading
Introduction to Effective Marketing Strategies for Real Estate Startups
Starting a business is no easy feat. There’s less comfort in knowing that 90% of startups fail, according to 2024 data sourced from Exploding Topics. The same report found that new business success rates are 10 to 20% over the long term.
The odds against the real estate sector didn’t bode well. About 48% of real estate startups failed within four years. However, there’s still hope for aspiring entrepr... Continue Reading
Global Stocks Rise as U.S. Bond Yields Drop
As U.S. bond yields dropped, global stocks climbed to indicate a change in market mood. Key economic numbers and many company earnings reports are much awaited by investors. The market was not much affected by the decision of U.S. President Joe Biden to drop his reelection campaign. Rather, the emphasis is on forthcoming income as well as economic data. The benchmark U.S. 10-year note yield dropped 3.5 basis points to equal 4.225%. Usually, this fal... Continue Reading
Existing Home Sales Decline in June Amid Record-High Prices
June's declining U.S. existing home sales marked the fourth straight monthly drop. The lowest since December, sales dropped 5.4% to an annual pace of 3.89 million units. This drop happened even with a record-high median house price of $426,900, a 4.1% rise from year before. Economists had projected a less decline—to 4.00 million units. The market has been much affected by the high prices and rising mortgage rates. June'... Continue Reading
Investors Brace for Volatility Amid Political Uncertainty and Tech Earnings
Investors are getting ready for a volatile U.S. stock market. Principal worries are political uncertainty, big tech profits, and seasonal weakness. The S&P 500 has surged almost 17% this year thanks in great part to the buzz over artificial intelligence and declining inflation. Still, there has been a quiet period of trading accompanying this expansion. Investors expect this calm to be tested not too far off. Afte... Continue Reading
Leveraging Technology for Sustainable Business Growth
fast-growing companies must leverage technology to streamline operations, enhance efficiency, and safeguard their assets. The right software solutions can be game-changers, enabling businesses to scale effectively while maintaining control over various aspects of their operations. Here are some essential software types that fast-growing businesses need to consider.
The Importance of Software License Management
As businesses expand, t... Continue Reading
Preparing for a Financially Secure and Fulfilling Retirement
Are you confident that your retirement plan will support your future needs? With the average American expected to live 20 years in retirement, it's more important than ever to ensure you have a solid financial plan.
This short guide will walk you through some of the key aspects of retirement planning, from setting clear goals and calculating your needs to managing your savings, maximizing contributions, and planning for taxes... Continue Reading