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Month: November 2020

Business

Optimal Solution for Individuals Facing Extreme Financial Crisis

November 30, 2020December 2, 2020

There are certain situations in life such as prolonged illness, loss of the job, etc. that can cripple the finances of an individual. As a result, such individuals may accumulate huge amounts of debts in …

Business

Diligent Services Provided by Bankruptcy Attorney

November 29, 2020November 28, 2020

Stressed with the pressure of financial hardships? Don’t know how to repay debts? Filing for the bankruptcy is for your rescue which acts as a stress reliever that frees the person from all types of …

Tax

Understanding Your Californian Tax Liabilities

November 28, 2020November 28, 2020

All governments around the world need sustainable funding to foster economic and social growth of the country.Taxation is the primary means to finance these developments and meet their strategic economic aims. Taxation not only acts …

Finance

Trump lawyers call Congress’ demands for his tax returns, financial statements ‘unconstitutional’

November 27, 2020November 28, 2020

Lawyers for President Trump called Congress’s demands for his tax returns unconstitutional Wednesday, urging a federal judge to block a House Oversight Committee subpoena for years of his financial statements. In a 24-page filing, Trump’s …

Finance

Dow rises more than 200 points, posts best day in a month to claw back some of Monday’s drop

November 26, 2020November 28, 2020

Stocks rose on Tuesday, regaining some of the sharp losses from the previous session, as investors weighed the impact of the escalating trade war between the United States and China. The Dow Jones Industrial Average rose 207.06 …

Finance

Judge fast-tracks fight over congressional subpoena of Trump financial records

November 25, 2020November 21, 2020

Washington (CNN)Congress and Donald Trump’s fight over his financial records is now on the fast track. Judge Amit Mehta plans next week to weigh the major legal issues raised in President Donald Trump’s challenge of a congressional …

Finance

The Gist of US Taxation Applicable to Non-Grantor Trusts and US Beneficiaries

November 24, 2020November 21, 2020

The US tax rules places non-US (ie foreign) trusts into two boxes: grantor trusts and non-grantor trusts. The US tax rules for grantor trusts are quite easy if the trust is established by a non-US …

Business

New Fintech Hubs That are Dominating the Traditional Ones

November 23, 2020November 21, 2020

Taking financial technologies or what is better known as ‘fintech’ in a single frame; it is quite evident that fintech has become one of the most valued emerging industries in the world. In fact, it’s …

Business

Stock Strategist Who Nailed 2018 Says Recession Bell Is Ringing

November 22, 2020November 21, 2020

(Bloomberg) – After a tumultuous week ended on an up note, it seemed U.S. stocks might escape the trade spat with only bruises. Then came Monday, when the biggest sell-off in four months more than …

Debt

4 reasons why forgiving U.S. student debt makes sense

November 21, 2020November 21, 2020

The student loan system is $1.5 trillion mess that has attracted a ton of attention from policymakers to presidential candidates, with Sen. Elizabeth Warren (D-MA) proposing to cancel large amounts of outstanding debt. That kind of debt relief would have clear …

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FinancePress is the management of money, particularly in relation to companies, organisations, or governments. Specifically, it deals with the questions of how and why an individual, company or government acquires the money needed - called capital in the company context - and how they spend or invest that money.
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