The rich are still getting richer, but the coronavirus crisis may slow the breakneck pace of wealth accumulation for years to come. Volatile markets and the economic fallout from the virus could wipe out as much as $16 trillion of global wealth this year and hinder growth for the next five years, according to a […]
Archives for June 2020
Beyoncé, and living out loud at work
Pride Month is well underway in the Northern Hemisphere. While life in quarantine has been riddled with challenges beyond those of confinement, it has enabled us as a collective to spend time on self and societal reflection. Our beliefs and moral standards have evolved over time and so too should the way we conduct business […]
10 Multibagger Stocks of LockDown 2020
Multibagger Stocks – A Lock Down was imposed by the government of India due to COVID-19 from March 24, 2020. Unlock1 is declared from 1st June 2020. During the LockDown period Sensex has logged the biggest loss ever. Sensex and Nifty declined by almost 35%. Although D-street was going through a bad phase (during lockdown) […]
Accounting students work through bank internship amid coronavirus pandemic – St. Mary’s University
“Over 60% of all accountants in the U.S. are female,” Kaciuba said. “Based on that, it isn’t shocking that our impressive students landed these internships. What is most interesting, however, is that the bank really needed the three women to come back as soon as possible.”
Chinese app downloads fall amid border dispute
Popular Chinese apps TikTok, Helo, Bigo Live, Likee and PubG have seen downloads fall in India, one of their largest markets globally, as the border standoff between both the nations has amplified calls for boycotting Chinese products. According to sector experts, brands will remain cautious about advertising on these Chinese apps as they risk upsetting […]
ETtech Top 5: Masayoshi Son leaves Alibaba board, Indian engineers eye Canada & more
SoftBank Group founder Masayoshi Son and Alibaba co-founder Jack Ma, two of the world’s biggest tech tycoons, are parting ways after a long partnership, marking an end of an era for the global tech industry. On the other hand, US President Donald Trump’s work permit suspension could end up benefiting its neighbour Canada 1. Masayoshi […]
Xero and PwC Canada help small business owners take control of cash flow
Today, Xero announced the availability of improved financial reporting tools for small businesses and their advisors across Canada. PwC Canada’s Cashflow Coach is now available for the Canadian market on the Xero app marketplace to help small business owners and startups take control of their cash flow management challenges. Xero has also released two new […]
Podcast: Education planning how-to’s in a COVID world
The coronavirus pandemic brought major changes to higher education. Ranging from where to attend classes to exploring the upcoming financial aid filing season, there are a lot of important factors to consider. Hear from professor and education planning expert, Ross Riskin, CPA/PFS, in this podcast as he shares new strategies around: Using 529 plan distributions […]
Business Interruption Insurance: Protecting Your Company from the Unexpected
Your business is your pride and joy. And if you’re like most owners, you’ll do whatever it takes to protect it at all costs. But, you can’t always protect your company from unexpected events, like natural disasters. To keep your business safe and help it stay afloat if disaster strikes, consider investing in business interruption […]
New Rollover Rules For Unwanted 2020 RMDs Under IRS Notice 2020-51… Welcome Relief And A Troubling Precedent
Executive Summary In response to the coronavirus global pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020. A more-than-$2-trillion-emergency fiscal stimulus package, the CARES Act was enacted to ease the effects of the economic damage caused by the COVID-19 pandemic by providing a wide range of relief efforts to […]