Tech startups and other businesses raced to line up sources of cash for payroll and other immediate needs after their deposits in Silicon Valley Bank, long a linchpin of tech financing, were locked up...
Tag: consulting
Where Were the Regulators as SVB Crashed?
Silicon Valley Bank’s failure boils down to a simple misstep: It grew too fast using borrowed short-term money from depositors who could ask to be repaid at any time, and invested it in long-term asse...
Information Services Group (III) Continues To Hire To Meet Future Demand
Stock dips on softer-than-expected Q1 profit guide, but earnings should receive a boost later in the year as Information Services Group (III) brings new hires up to speed. picture alliance via Getty I...
Biden’s budget wants tax hikes, but expiring Trump tax cuts are the big showdown
For five years, most Americans have seen lower income-tax rates and tapped a bigger standard deduction, but without congressional action before the end of 2025, the rules could still revert to levels ...
VeChain Partners With Boston Consulting Group, Launches New Whitepaper
The Boston Consulting Group analyzed VeChain’s business to contribute to its sustainability strategy. The VeChain Foundation, creators of the enterprise blockchain of the same name, have entered a str...
Retirees struggling to stay afloat: How to keep health and economic issues from draining your savings
Dorri Olds, a 61-year-old freelance writer and graphic designer, says she has spent nearly all her savings to refurbish her New York City apartment. In an emergency, she says she would sell it and con...
Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites
The first four sites will total 115 MW and be located in Wyoming and Texas, where construction has already begun, according to a press release. The capacity will be built in 7MW-15 MW of monthly incre...
These 61 companies tried out a 4-day workweek — and most are sticking with it
Four-day workweek for the win. Companies in the U.K. that experimented with a four-day workweek last year reported more revenue and less staff attrition, while most workers participating in the trial ...
My fiancé and I are 60. His adult daughter is opposed to our marriage — and insists on inheriting her father’s $3.2 million estate. How should we handle her?
What advice would you give to a widow and widower considering marriage on how to manage finances — and deal with adult children? We are both 60 years old and plan to work a few more years, mostly for ...
I’ll inherit $40,000 from my grandmother. Should my husband and I boost our kids’ college savings accounts, or pay off credit cards and student loans?
After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure...
IRS says people in most states who got inflation-relief payments don’t have to report it on their taxes. Here’s where.
The IRS is not going to tax payments from most of the states that cut checks to residents last year in order to help them defray rising living costs. This week, the IRS has been trying to determine if...
Lyft stock melts down after earnings ‘debacle for the ages’
Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...
Gotbit Introduces Gotbit Consulting To Assist Their Clients With Immersing Into Web 3.0
Gotbit, the industry’s leading market maker founded in 2017, announces the launch of Gotbit Consulting, a new department designed to help Web 2.0-centric companies move to Web 3.0. The newly founded G...
‘And then 2022 happened’: I borrowed $500,000 from friends and family to invest in the stock market, foolishly promising a 10% return. Can I avoid legal action?
Dear Quentin, I am a budding options/futures trader with my own sole proprietor investment business. Heading into 2022, I took on a large cash infusion of $500,000 from friends and family under the g...
Bankrupt crypto giant FTX racks up millions in legal and consulting bills
Going broke isn’t cheap. Troubled crypto exchange FTX and its affiliated companies racked up more than $20 million in legal and consulting bills during the first several months of its ban...
‘I am watching my inheritance evaporate’: My brother and sister constantly hit our parents up for money. What can I do to stop this?
I am 46 and single. I have a good job and own my own home but live modestly. I have been fortunate not to have had to ask my parents for anything over the years. My brother and sister, by contrast, ha...
Here’s exactly when the majority of families start saving for college — but experts say that’s simply not good enough
Indeed, should you pull a Swift one and start thinking about your kids’ college — or even saving for it — before your kids are born? Valerie Macon/Agence France-Presse/Getty Images Taylor Swift, with ...
The next few days may reveal whether investors have been riding one big suckers rally, says this strategist.
Stocks are off to a weaker start as caution grips investors following Friday’s monster jobs beat. While subject to revisions, that 517,000 surge in U.S. jobs may have shredded hopes among some that th...
I’m 72, have a cushy amount invested and was withdrawing 4% a year. But once I pay my financial adviser’s fees and California taxes that won’t be enough. What’s my move?
How to figure out if your adviser is worth what they’re charging you. Getty Images/iStockphoto Question: I have a comfortable balance in my investment account but have a question about only taking out...
‘My stepmother has been less than ethical’: I suspect my stepmom removed me as beneficiary from my late father’s life-insurance policy. What can I do?
Dear Quentin, My dad passed away in March 2019. My stepmom told me I had an inheritance from my dad. She ceased communication with me after my dad passed away. I reached out to the Department of Fina...
Demand for jobs drops off in January, headhunter Robert Half says
Robert Half International Inc.’s stock rallied Friday after fourth-quarter profit beat expectations, but the staffing-services company provided a mixed outlook for the current quarter as revenue from ...
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
For the first time in more than a year, owners of traditional gas-powered cars saved more money at the pump than those driving their electric counterparts, according to a consulting firm. As inflated ...
Silicon Valley Bank collapse: What should you do if your bank closes down?
Silicon Valley Bank, which helps fund technology startups backed by venture-capital firms, has closed its doors. The California Department of Financial Protection and Innovation made the decision to c...