government

H&R Block shutting down 400 stores

H&R Block shutting down 400 stores

H&R Block (NYSE: HRB), a tax preparation firm with almost 10,000 locations across the U.S., announced on Tuesday that it would be closing 400 locations due to a discouraging financial outlook for rest of 2018.  Following the announceme..

U.S. reached deal to save Chinese telecom ZTE Corp

U.S. reached deal to save Chinese telecom ZTE Corp

Lawmakers were told by the Trump administration that the U.S. government reached a deal to bring Chinese telecommunications company ZTE Corp back into business, according to Reuters.The deal involves ZTE paying a huge fine, placing American complian..

Companies That Rely on Foreign Trade to Make Profit Likely to Suffer Losses in the Event of a Trade War

Companies That Rely on Foreign Trade to Make Profit Likely to Suffer Losses in the Event of a Trade War

The proposition to impose tariffs on steel and aluminum imports has sparked rumors about a possible trade war. A trade war ensues when countries try to protect their local businesses by imposing tariffs on imports from other countries. A trade war c..

Decline in International Visitors Worries American Travel Industry

Decline in International Visitors Worries American Travel Industry

The data says it all: there has been a definite decline of the US pie in worldwide travel from 2015. This scenario happens at a time when international travel has only risen across the world. Many travel for business and also for vacation. The numbe..

US Stock Markets See Decline in Stock Futures as Government Shuts Down

US Stock Markets See Decline in Stock Futures as Government Shuts Down

The fall of stock futures over the last few days have stock market players worried, especially after the US government shut down after a bill for government funding was voted down by the Senate.The Dow Jones Industrial Average fell by 33 points and ..

Bitcoin and Tax

Bitcoin and Tax

Bitcoin may have a supposed anonymity but not to the tax official. From April, anyone who bought and then sold cryptocurrencies like Bitcoin must report any profits on their respective federal tax returns. This is a valid demand since the value of B..

Crypto Crackdown Grows as South Koreans Officials Accused of Insider Trading

Crypto Crackdown Grows as South Koreans Officials Accused of Insider Trading

Several officials rom South Korea’s Financial Supervisory Service or the FSS has reportedly been accused of insider trading prior to the government announcing its newest policy on cryptocurrency crackdown, reported by JoongAng Ilbo."There..