Sean Ross

Investment banking is one of Wall Street’s most coveted roles. It is also one of the hardest. It is no surprise that the average day in an investment banker’s life is long and stressful. Those who manage to survive the […]

Revenue sharing is the regular distribution of a portion of corporate wealth to certain stakeholders, such as employees and business partners, as an incentive. In a revenue-sharing program, stakeholders get a share of the profits and, in some agreements, bear

Many financial professionals will, for a fee, help you navigate your way to and through retirement. However, using a financial advisor isn’t mandatory. If you can’t afford or don’t trust an advisor—or would prefer not to use one for another

Economists and statisticians use several methods to track economic growth, with the most well-known being gross domestic product (GDP). However, some economists have highlighted limitations and biases for GDP. Organizations such as the Bureau of Labor Statistics (BLS) and the Organization for Economic

Fiscal policy refers to the use of the government budget to affect the economy. This includes government spending and levied taxes. The policy is said to be expansionary when the government spends more on budget items such as infrastructure or

U.S. Debt: An Overview The history of U.S. debt goes back to the American Revolution. Almost all of the deficits in the early days of our country were the result of war. The federal government managed to pay off its

The Reporting Requirements of Contingent Liabilities Contingent liabilities are liabilities that depend on the outcome of an uncertain event. These obligations are likely to become liabilities in the future. Contingent liabilities must pass two thresholds before they can be reported in

Foreign aid is not the only kind of foreign assistance, but it might be the most controversial. The United States provides foreign aid of various kinds to over a hundred countries in the world. The cost of foreign aid amounted to

Many Americans don’t have access to 401(k) plans. Only 67% of private industry workers, 63% of civilian workers, and 39% of state and local government workers have access to defined contribution retirement plans in 2023, according to the Bureau of

Accountant vs. Actuary: An Overview People with a talent for mathematical and statistical problem-solving are always in demand. Individuals with that talent might consider careers as accountants or actuaries. The skills and training needed are similar, but the focus of