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Charitable organizations survive primarily on donations, with the holiday season (and year-end tax deadline for charitable contributions deductions) making December the most active time for charitable giving. Charities have to get creative to stay afloat the other 11 months of the year. There are five main ways that charities make money and stretch their dollars:
It’s been a tough week for chip stocks. On Monday, Nvidia had warned its revenues would be well below its guidance as gaming revenue slowed. Then Micron cut its current-quarter revenue and warned of negative free cash flow for the quarter as customer inventories pile up amid weakening demand for chips used in PCs and smartphones. Micron (MU) shares
What Is a Currency War? A currency war is an escalation of deliberate currency devaluation policies among two or more nations, each of which is trying to stimulate its own economy. Currency prices fluctuate constantly in the foreign exchange market. However, a currency war is marked by a number of nations simultaneously engaged in policy
In July 2022, the Consumer Price Index for all Urban Consumers (CPI-U) was unchanged on a seasonally adjusted basis, after a 1.3% rise June. However, the all items index has risen by 8.5% during the past 12 months. In June, the year over year (YOY) increase was 9.1%. The gasoline index fell by 7.7% percent
Key Takeaways Coinbase’s quarterly trading volume came in below analyst predictions. Trading volume is a prime driver of revenue for the company through transaction fees. It also signals the overall strength of the cryptocurrency market. The company’s loss per share was significantly wider than analysts had predicted. Source: Predictions based on analysts’ consensus from Visible Alpha
The consumer staples sector is composed of companies that produce and sell items considered essential for everyday use. Consumer staples products include household goods, food, beverages, hygiene products, and other items that individuals are either unwilling or unable to eliminate from their budgets even in times of financial trouble. As a result, these companies are viewed as
72 The latest reading of the New York City Recovery Index out of a possible score of 100. New York City’s economic recovery index experienced a slight increase the week of Sept. 18, rising from an overall score of 71 to 72 after falling by as much as six points the week before. A partial
Most of the largest banks in the United States have a long history and managed to stick around since their early days. In fact, each of the four biggest banks by market capitalization is more than a century old. Wells Fargo (WFC) was founded in 1852, and Citigroup (C) in 1812. JPMorgan Chase (JPM) traces its origins
Many retail investors shun the bond market because it does not offer the same level of potential upside as the stock market. While the bond market is different from the stock market, it should not be ignored. It is comparable in size to the stock market and has enormous depth. Triumph Of The Optimists: 101
For security, individuals, large organizations, and even nations will keep some of their surplus reserves in gold and foreign currencies. The U.S. dollar remains the primary and most trusted reserve currency, but the Swiss franc has also emerged as one of the best alternatives. This article explores why the Swiss franc is a good investment.
China’s economic growth and the modernization of its institutions from purely socialistic in nature to ones with traits of market economies, has been a successful endeavor. The reforms have touched upon all institutions and all forms of life throughout the country. The Chinese banking system is a part of those reforms and is in the
When it comes to leisure travel, Europe is the most frequently visited region in the world, according to the UN World Tourism Organization (UNWTO); in fact, in 2019, it hosted just over half of the 1.5 billion international tourists traveling that year. While it’s possible to travel around Europe on a shoestring, getting there eats up
Editor’s note: Below you’ll find the week 100 release of the NYC Recovery Index, originally published August 2, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economy continued to recover modestly during the week ending July 23, with the index score rising to 73 out of 100 points, following
Choosing whether to lease a new vehicle instead of buying it largely comes down to priorities. For some drivers, leasing or buying is purely a matter of dollars and cents. For others, it’s more about forming an emotional connection to the car. Before choosing which road to go down, it’s important to understand the key
Shares in graphics chipmaker NVIDIA Corporation (NVDA) plunged Monday and continued its drop on Tuesday after the company said it expects revenue to come in significantly below its earlier estimate, primarily due to weaker gaming sales. The Santa Clara, California-based chipmaker released preliminary second quarter (Q2) earnings yesterday, showing revenue reaching $6.7 billion, well below