What is hyperinflation, and should we be worried?
The last time inflation levels were this high in the US and Europe, flared trousers were in, roller discos were all the rage, and no one had heard of Steve…
Top 10 Communication Skills for Career Success
Indeed employers consistently included communication skills as one of the most commonly requested skills in 2020 job postings. Improving and showcasing your communication skills can help advance your career and…
Hierarchical Structure: Advantages and Disadvantages
While businesses can organize their authority levels in various ways, hierarchy is one of the most common structures. A hierarchical structure refers to the delegation of authority using a pyramid…
How Does a Stock Exchange Work?
Stock exchanges are platforms that allow investors to buy and sell stocks in a venue that is regulated and transparent. These exchanges enable investors of all stripes to trade stocks,…
How To Become a Manager in 6 Steps (With Tips for Success)
Effective managers can motivate their employees and improve an organization’s overall performance. A manager oversees a particular project, team, or department within an organization and often serves as a liaison…
What Accounts Receivable (AR) Are and How Businesses Use Them, with Examples
What Are Accounts Receivable (AR)? Accounts receivable (AR) are the balance of money due to a firm for goods or services delivered or used but not yet paid for by…
Understanding Accounts Payable (AP) With Examples and How to Record AP
What Are Accounts Payable (AP)? Accounts payable (AP), or “payables,” refer to a company’s short-term obligations owed to its creditors or suppliers, which have not yet been paid. Payables appear…
Balance Sheet: Explained
What you need to know about these financial statements What Is a Balance Sheet? The term balance sheet refers to a financial statement that reports a company’s assets, liabilities, and…
Equilibrium Price: Definition, Types, Example, and How to Calculate
What Is Equilibrium? Equilibrium is the state in which market supply and demand balance each other, and as a result, prices become stable. Generally, an over-supply of goods or services…
23 Congressional Democrats Call on EPA to Investigate Bitcoin Mining Facilities
A group of 23 US politicians led by Rep. Jared Huffman have urged the EPA to investigate if Bitcoin mining firms are following environmental rules. They specifically expressed their “serious…