No surprise, but Americans are consuming and spending less since the coronavirus kicked in. Retail sales dropped to 8.7 percent in March, the largest month-over-month decline since the Census Bureau started tracking this data. Previously, the sharpest decline was less … Continue reading
Blog
Three Strategies Companies Can Implement to Recover Faster
Small businesses nationwide were already facing cash problems before the COVID-19 pandemic, according to McKinsey & Company. The firm found that almost one-third of small businesses were either seeing losses or making just enough to stay in business, but not … Continue reading
Posted in Blog, General Business News
How Will Monetary Policy Impact Markets Going Forward?
With gold hitting $2,000 an ounce in recent days, coupled with the Federal Reserve’s monetary policy creating a lot of liquidity, how will markets perform for the rest of 2020 and beyond? Based on a reading from the Federal Reserve’s … Continue reading
Posted in Blog, Stock Market News
Tips for Retiring in the Next 10 Years
The stock market continues to perform with relative resilience, despite the current economic decline. But to be clear, without 100 percent participation in the economy – in terms of small business job creation, consumer spending, and company growth and expansion … Continue reading
Posted in Blog, Financial Planning
Five Ways to Manage Back-to-School Stress
If you’re anxious about sending your children back to school, you’re not alone. In fact, a recent poll from ABC News/Ipsos showed that 45 percent of parents don’t want their kids in the classroom at all. But whether your kids … Continue reading
Posted in Blog, Tip of the Month
How to Make the Most of Digital Marketing
Digital marketing is not a new phenomenon. However, new realities imposed by the COVID-19 pandemic have highlighted the importance of digital marketing for businesses. Basically, digital marketing revolves around using digital channels to advertise. Such channels include mobile devices, search … Continue reading
Posted in Blog, What's New in Technology
Laws to Enhance Benefits for Service Members, First Responders, Veterans and to Restore National Parks and Public Lands
A bill to amend the Servicemembers Civil Relief Act to extend lease protections for servicemembers under stop movement orders in response to a local, national, or global emergency, and for other purposes (S 3637) – This bill extends the Servicemembers … Continue reading
Posted in Blog, Congress at Work
Orest P. Baransky CPA PC
