Comments on the January Employment Report

town Calculated Risk on 2/03/2023 09:44:00 AM This was a strong report, and the revisions show job growth was stronger over the last year than originally reported. With revisions: The 4.81 million jobs added, 2022 was the 2nd best year for job growth in US history behind only 2021 with 7.27 million. The headline jobs … Read more

Summary of Economic Survey 2022-23

Summary of Economic Survey 2022-23 Before Presenting the Union Budget 2023-24 on February 1st, 2023, the Finance Minister presented the Economic Survey 2022-23 in the Union Parliament today. The Summary of Economic Survey 2022-23 are as follows: India to witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the … Read more

National House Price Index “Continued to Decline” to 7.7% year-over-year increase in November

town Calculated Risk on 1/31/2023 09:09:00 AM S&P/Case-Shiller released the monthly Home Price Indices for November (“November” is a 3-month average of September, October and November closing prices). This release includes prices for 20 individual cities, two composite indices (for 10 cities and 20 cities) and the monthly National index. From S&P: S&P Corelogic Case-Shiller … Read more

Hindenburg Report is ‘Bogus’ and Its ‘investigation’ devoid of facts; May take Legal Action!

Adani Group: Hindenburg Report is ‘Bogus’ and Its ‘investigation’ devoid of facts; May take Legal Action! The Adani Group claimed on Friday that Hindenburg Research’s report into accounting or fraud allegations is devoid of facts because eight of the conglomerate’s nine publicly listed companies are audited by “one of the Big 6.” While Adani Ports … Read more

Gold Awaits Fed Meeting, Who’s Funding Juniors Right Now?

The gold price remained firmly above US$1,900 per ounce this week, continuing an upward trajectory that started around the beginning of November. By Friday’s (January 27) close, the yellow metal was at about US$1,927 per ounce. Market participants were waiting for the latest PCE Price Index data, which looks at personal consumption expenditures — in … Read more

Software Firm Pivots to Bitcoin Mining

In a surprising move, enterprise software firm Akerna (NASDAQ:KERN), which has developed programs to aid the cannabis industry, will merge with a Bitcoin miner and sell its software business to POSaBIT Systems (CSE:PBIT,OTCQX:POSAF). Also this week, a Canadian cannabis operator received a warning from a leading exchange for its low trading numbers. Keep reading to … Read more

Senators propose tax break for beauty salon, barber tips

Senate Small Business Committee chair Ben Cardin, D-Maryland, and Sen. Tim Scott, R-South Carolina, introduced bipartisan legislation Thursday to offer tax credits for tips to beauty services providers, such as manicurists, skincare specialists, hairstylists and barbers. The Small Business Tax Fairness and Compliance Simplification Act would expand the tax tip credit under the Federal Insurance … Read more

Net Worth and The Most Extravagant Things She Owns

Taylor Swift Net Worth 2023 and The Most Extravagant Things She Owns Taylor Swift is an American singer-songwriter; who made her debut in the music industry in 2006 and is still going strong with her long list of popular and chart-buster songs. This year she was the youngest singer to have won 4 Grammy Awards … Read more

Finance automation doesn’t happen in a vacuum

Imagine this scenario: Your purchasing manager reviews inventory, notices stock is low and places an order with the manufacturer. What the manager doesn’t do beforehand is consult the finance department. Not knowing the status of cash flow or accounts receivable, that purchaser has no idea if this order will put a temporary strain on the … Read more

Real Estate pinned hopes on Union Budget 2023 for Some Relief

Budget 2023: Real Estate pinned hopes on Union Budget 2023 for Some Relief Budget 2023: India’s real estate sector has made a strong recovery in 2022. The year 2022 was one of the most eventful in Indian real estate, with sales recovering in many of the country’s major markets. Both residential sales and commercial leases … Read more