Latest stories

  • money laundering
    in ,

    Understanding the Risks of Money Laundering

    Introduction As you may have gathered from the stringent Anti-Money Laundering laws put in place around  the globe, money laundering has been one of the leading problems plaguing businesses in recent history and remains a dire issue in the world today. Not only can money laundering have a serious impact on the business itself, but […] More

  • Why Does an AML Audit Consist Of?
    in ,

    What Does an AML Audit Consist Of?

    Introduction Due to the implementation of the Anti-Money Laundering and Counter Financing of Terrorism act of 2009, business entities are now required to submit their Risk Assessment procedures and AML programs to a bi-yearly audit or whenever requested by an assigned AML/CMF Supervisor. Certain businesses may be subjected to more frequent audits based on their […] More

  • federal grants
    in ,

    Understanding Federal Grants Through the Small Business Administration

    Introduction One of the most stressful parts of founding or managing a new business is funding it. Many would-be owners push their dreams of owning a business to the side because they don’t believe they can finance it. However, there are plenty of federal grants that entrepreneurs underutilize in the early stages of their business. […] More

  • here’s-what-happened-to-the-stock-market-on-friday
    in

    Here’s what happened to the stock market on Friday

    Dow Jones Industrial Average rises 190 pointsU.S. manufacturing and services activity surge along with home salesData from IHS Markit showed U.S. manufacturing activity hit its highest level in 19 months in August, while services were at their highest level in 17 months. Meanwhile, existing home sales for July saw a record month-over-month spike of 24.7%.… More

  • california-wildfires-force-more-evacuations-amid-record-heat-and-lightning-strikes
    in

    California wildfires force more evacuations amid record heat and lightning strikes

    Thousands of people in California are under evacuation orders as dozens of major wildfires continued to ravage parts of the state on Wednesday with an unrelenting heatwave and high winds making firefighting conditions difficult. Governor Gavin Newsom has declared a state of emergency during evacuations and rolling blackouts and called on the California National Guard to… More

  • stocks-making-the-biggest-moves-after-hours:-nvidia,-intel,-goodyear-&-more
    in ,

    Stocks making the biggest moves after hours: Nvidia, Intel, Goodyear & more

    Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during an event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Sunday, Jan. 7, 2018.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell:Nvidia — Chipmaker Nvidia posted record sales in the last quarter… More

  • ‘impressive’-economic-recovery-will-drive-stocks-to-new-highs-through-2021,-wall-street-bull-phil-orlando-predicts
    in

    ‘Impressive’ economic recovery will drive stocks to new highs through 2021, Wall Street bull Phil Orlando predicts

    Federated Hermes’ Phil Orlando sees a lot going right for the rally.With the S&P 500 hitting all-time highs twice so far this week, the firm’s chief equity market strategist is optimistic the economic recovery will continue to support the historic comeback off the March 23 low.”The progress that we’re making is impressive,” Orlando told CNBC’s… More

  • walmart-says-its-second-quarter-e-commerce-sales-surged-104%-in-china
    in

    Walmart says its second-quarter e-commerce sales surged 104% in China

    A man walks outside of a Walmart in China.Tomohiro Ohsumi | Bloomberg | Getty ImagesWalmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world.The giant discount retailer reported Tuesday that net e-commerce sales in China grew 104% from a year ago in the three months ended… More