If you’re looking forward to a tax refund this year, your tax preparer can give you the option of receiving it in the form of a prepaid debit card. While this may seem very convenient, there are a few downsides to consider. This article explores the pros and cons of tax refund prepaid debit cards….
Current Assets vs Fixed Assets: An Overview Businesses own a variety of assets that are used for different purposes. These assets also have different periods in which they are held by a company. Companies classify the assets they own and two of the main categories of assets are current assets and fixed assets; both are…
The total value locked in decentralized finance (DeFi) projects is hovering around $62 billion as of mid-August, down from a peak of over $250 billion in December 2021. Capital is fleeing the crypto space amid war, soaring inflation and whatever other surprises 2022 may still have in store for us. However, unlike previous crypto bull…
Everyone needs food, but agricultural production tends to be concentrated in the larger countries as well as those with the most accommodating climate in their growing areas. Population size is also crucial because most agricultural production is still consumed locally or locally, despite the rapid growth of international trade in agricultural products, The four major…
What is intellectual capital? Intellectual capital is the value of the knowledge, skills, business training of a company’s employees, or any proprietary information that can provide the company with a competitive advantage. Intellectual capital is considered an asset and can be broadly defined as the collection of all informational resources available to a business that…
“Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its imagery. In some cases, it’s even inspired by memes. Bitcoin has become a “lifestyle,” for some Bitcoin artists, that inspires their way of doing business,…
The United States Securities and Exchange Commission (SEC) has indicted 11 people for creating and promoting a fraudulent crypto pyramid and Ponzi scheme. The authority issued a press release on August 1, stating that the $300 million crypto-pyramid scheme involved perpetrators from multiple countries. The lawsuit was filed in the United States District Court for…
Key points to remember Adjusted EPS was 10.18 versus analysts’ expectation of $8.92. Revenue exceeded analysts’ expectations. Organic growth in assets under management over the full year is in line with analysts’ forecasts. What happened BlackRock released adjusted EPS for the fourth quarter of fiscal 2020 that beat analysts’ expectations. Revenue for the quarter was…
The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false representations about deposit insurance related to cryptocurrencies. FDIC issued a Friday press release disclosing cease and desist letters for cryptocurrency exchange FTX US and websites SmartAssets, FDICCrypto, Cryptonews and Cryptosec. In the letters, which were issued…