Nowadays, many employers are relaying job offers via email. As such, it’s perfectly appropriate to respond to the offer over email, even if you have decided not to accept the job. It is possible to be brief and to the point over email while remaining cordial and polite. It’s important to stay on good terms. You never know when you might want to apply for another job at the company....
Here’s a quick look at the most significant economic indicators of the day and what they tell us. Job Openings and Labor Turnover Summary Despite the number of job openings taking a slight dip in April, job seekers still have the upper hand. The number of open jobs decreased to 11.4 million last month, down from March’s adjusted 11.9 million, a record high, according to the Bureau of Labor Statistics (BLS)....
What Is Corporate Records Book? Some corporations have a corporate records “book,” which includes all the required documents. In other cases, the corporate records are kept online or in a file cabinet. The records should be in one place and available if the Internal Revenue Service audits your corporation. You can also keep your corporate records “in the cloud,” but these records may include confidential information and proprietary processes, so be sure your server is secure....
What Is Long-Term Debt on a Balance Sheet? The amount of long-term debt on a company’s balance sheet refers to money a company owes that it doesn’t expect to repay within the next 12 months. Debts expected to be repaid within the next 12 months are classified as current liabilities. What Kind of Debts Make Up Long-Term Debt? Long-term debt can consist of obligations such as mortgages on corporate buildings or land, business loans underwritten by commercial banks, and corporate bonds issued with the assistance of investment banks to fixed income investors who rely on the interest income....
He hoped to get the bank to waive the fee, but even his in-person appeal at a local branch was denied. Since he and his wife were living paycheck to paycheck, the $35 would make it much harder to pay their full rent or electric bill and avoid penalties on those bills too, he said, recounting the incident that occurred a few years ago. At the time he was working as a trainer at PetSmart, and his wife was unable to work due to disabilities....
Here’s a quick look at the most significant economic indicators of the day and what they tell us. PCE Inflation The measure of inflation most watched by the Federal Reserve has continued to accelerate, climbing to 6.6% in the year through March, from 6.3% in the year through February, to mark a fresh high since 1982. However, if food and energy prices are excluded from that figure, it decelerated slightly to 5....
When to Use a Mini Resume In most cases, your traditional long-form resume will be appropriate. A mini resume, however, comes in handy at job fairs or networking events when you’re meeting with many people and want to leave them with something more than a business card, but less bulky than a full resume. Having a mini resume on hand in the format of a business card can be useful since it’s easy to carry, and you can pass it on to potential employers, clients, and business contacts you meet unexpectedly....
It is possible to take a set amount of capital and begin trading. However, there are several factors to consider when determining how much you need in order to start day trading on the forex market. Minimum Capital for Day Trading Forex If you must start trading right away, you can begin with $100. For a little more flexibility, $500 can lead to slightly more income or returns. However, $5,000 might be best, because it can help you produce a reasonable amount of income that will compensate you for the time you’re spending on trading....
On July 15 about 35 million families received payments of up to $300 per child from the federal government as part of an overhaul of the 2021 child tax credit. Among household recipients surveyed by the Census Bureau July 21 through Aug. 2, 47% said they mostly spent the funds to buy food, data released Wednesday showed. Paying gas, electric, and cable bills was the next most common answer, at 28%, followed by buying clothing (25%), paying down credit card, student loans, or other debt (19%), saving or investing (19%), and paying for school books and supplies (16%)....
What Is NCUSIF Insurance? The National Credit Union Share Insurance Fund (NCUSIF) is a government-backed insurance fund for credit union deposits. It functions through the National Credit Union Administration (NCUA), which is a U.S. government agency. Like FDIC insurance, NCUSIF covers up to $250,000 per account holder per institution. NCUSIF insurance is available in federally insured credit unions. For example, assume you have $5,000 in savings, and there’s a bank failure at your credit union....
If you’re debating using an online CPA service vs. an in-person CPA, it’s important to consider the complexity of your tax return, how you want to interact with your CPA, and how much you want to spend. Here’s a more in-depth look at online vs. in-person CPA services to help you decide which option could make more sense for your taxes. How Complicated Is Your Tax Return? To start, it’s important to understand your tax situation....
A call option gives you the right but not the obligation to buy the underlying security, while a put option gives you the right, but not the obligation, to sell the underlying security.You can buy and sell options that are “in the money” or “out of the money.” Each strategy has pros and cons. What’s the Difference Between In-the-Money and Out-of-the-Money Options? One reason that options have value is the possibility that changes in prices could make exercising them profitable (time value)....
Most people choose a more expensive health plan than they actually need, and people who spend too much are 23% more likely not to contribute to their employer-matched retirement savings plan because of it, a study released Tuesday by the TIAA Institute shows. “This is one of the first empirical studies to conclusively show that high health insurance premiums can crowd out retirement savings,” Olivia S. Mitchell, director of the Pension Research Council at the Wharton School of the University of Pennsylvania, said in a statement....
It may surprise you to know that even in states like California, the California Earthquake Authority ays that even with a high awareness of the risk of earthquakes, only 10% of Californians purchase earthquake insurance. So if you don’t have it yet and are wondering if it is worth paying for, you’re not alone. Learn some facts about earthquakes, the real risks, and some pros and cons of having insurance that covers damages caused by them....
According to the National Bureau of Economic Analysis, the Great Depression was a combination of two recessions. The first lasted for 43 months, from August 1929 to March 1933. The next lasted 13 months, from May 1937 to June 1938. The severe downturn lasted for about 10 years combined. There have been 34 recessions since 1854. Recessions have lasted for approximately 10 months on average since 1945. Signs of a Recession There are five indicators that economists can use to determine whether or not the economy is in a recession....
The Federal Reserve Bank of Atlanta, one of a dozen regional banks that make up the Federal Reserve, on Tuesday cut its forecast for third-quarter real GDP growth to 1.3% from 2.3% last Friday and more than 6% at the end of July, as the chart below shows. The Atlanta Fed’s estimate, called GDPNow, is a real-time GDP tracker that updates each time a new economic report is released, usually several times a week....
How do you know if a Roth IRA or a 401(k) is right for you? Find out more about the basic differences between the two accounts, and whether you should save for retirement in a Roth IRA, a 401(k), or a combination of the two. What’s the Difference Between a Roth IRA and a 401(k)? Both Roth IRAs and 401(k)s are popular forms of retirement accounts. Each account offers generous tax advantages, making them valuable tools for building wealth over time....
The working capital turnover ratio is used to reveal if a company can support its sales growth with capital. To fully grasp what working capital is and what the ratios mean for an investor, you should compare it to businesses in the same industry with the same methods of operating and accounting practices, or you could compare it to its past performances. Compare Companies in the Same Industry Although lower ratios are a good indicator, the optimal dollar amount of sales per dollar of working capital for a given firm depends on multiple factors, including the industry and sector in which the business operates....
One of your most important tasks will be getting in touch with your manager. Depending on how effective your human resources department is, your manager may or may not be aware of your precise return date. Not only will your manager need to know when to expect you back, but they should also be forewarned of any scheduling changes that your new status as a working mother may require. Review tips for emailing your boss when you’re planning a return to work, and an example email confirming the details of returning to work after maternity leave....
The powerful truth often repeated in financial circles is that making a lot of money doesn’t require a high IQ, either in the market or in business. It takes ruthless cost control, a disciplined routine, and a focus on doing what is right for the long term. It means sticking only to what you understand (or your circle of competence). The formula for success hasn’t changed in the past couple of centuries, and it seems unlikely to change in the foreseeable future....
