Some of the hedge fund industry’s biggest names made history in March — for all the wrong reasons. Firms run by Ray Dalio, Michael Hintze, Adam Levinson and others suffered their worst-ever losses last month, with some funds down as much as 40% as the coronavirus pandemic battered global markets. Overall, three out of four […]
Archives for 2020
Podcast: Required Minimum Distributions under the CARES Act
In the multitudinous legislation that is unfolding as a result of the coronavirus pandemic, the IRS has issued relief from taking required minimum distributions (RMDs) from IRAs and employer sponsored plans under the CARES Act. Bob Keebler, CPA/PFS, interviews Ed Slott, CPA, in this fast-paced, jam-packed episode about the impact of the CARES Act on […]
More sellers opt for e-commerce platforms amid lockdown
More sellers are signing up on e-commerce platforms such as Amazon and Snapdeal, anticipating recovery in offline demand to take longer in view of the nationwide lockdown being extended to May 3. The government said e-commerce platforms would be allowed to sell both essential and non-essential items starting April 20. There has been a spike […]
My CNBC special
CNBC has been using the 7pm time slot for Markets in Turmoil specials since the end of February. They’ve done a great job bringing America all of each day’s stories that are impacting the markets and the economy. They’ve done some specials during this time, notably one for small business led by The Profit’s Marcus […]
ETtech Top 5: E-commerce firms to accept all orders, sops for vendors & more
Hello everyone, Happy Friday! It’s time to unwind, especially if you’ve been working from home through the week. There is another good news. Online retailers will soon be accepting orders for non-essential items. Illustration: Rahul Awasthi Up and running E-commerce marketplaces will start taking orders of non-essential goods as early as this weekend after multiple […]
This $30 QuickBooks Course Can Help You Avoid Costly Accounting Mistakes
Learn QuickBooks today and save your company from costly accounting mistakes in the future. April 17, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our […]
Editor’s Column: Testing times for even the best planners
I would like to share some good news this week but realistically the Coronavirus outbreak will test many Financial Planning models to the limit and not all firms will survive. The firms which will do well will be those with the most robust, recurring income stream and this is likely to be derived purely […]
Brewin funds fall 15% but advice demand up
Wealth manager and Financial Planner Brewin Dolphin has reported total funds under management down 14.6% to £41.4bn in the last six months but says demand for financial advice is up. In a half year trading statement today the company said income overall was up 8% to £175.8m although this includes £9.3m from new acquisitions. Financial […]
NS&I drops cuts to variable savings rates
NS&I has dropped planned cuts to variable interest rates on savings and other products to “support savers” during the pandemic. The government savings organisation says planned interest rate reductions on NS&I variable rate products, including Premium Bonds, will not go ahead. The move is designed to help savers coping with the impact of Coronavirus. NS&I […]
Tech giants use algorithms to step up fight against coronavirus misinformation
Potentially dangerous coronavirus misinformation has spread from continent to continent like the pandemic itself, forcing the world’s largest tech companies to take unprecedented action to protect public health. Facebook, Google and others have begun using algorithms, new rules and factual warnings to knock down harmful coronavirus conspiracy theories, questionable ads and unproven remedies that regularly […]