BERLIN—German prosecutors raided the finance and justice ministries on Thursday as part of an investigation into possible obstruction of justice by the government’s anti-money laundering agency. The probe into the Financial Intelligence Unit, an agency of the finance ministry under SPD chancellor candidate Olaf Scholz, is looking at whether the division failed to act on…
Is China Still Investment-Worthy?
For years, Western investors have almost forgotten something that they’re now being reminded of the hard way—that China is a communist country. Recent moves by Chinese authorities have sent Chinese stocks plummeting—washing away billions of dollars and causing many to question: is China still investment-worthy? And what are the risks involved? In this special report,…
Cut Finance Related Costs for Your Small Business
When you’re operating a small business you’re probably looking to save money and cut finance related costs everywhere you can. Odds are you’re looking at the obvious areas like employees, production, rent, etc. While these are great places to try and cut down, these are the most difficult. Many business owners overlook the costs associated…
Converting Your Business Into a Nonprofit
“My wife and I have been running a for-profit service business for the past 10 years. “We have recently learned that our business may qualify as a nonprofit organization, as we frequently provide our services for free or at an extremely low cost to people who can’t afford them. “We’re looking to retire shortly and…
When the Wife Is the Primary Breadwinner
Every Social Security rule I can think of is gender-neutral. In other words, the same laws apply to men and women equally. But society hasn’t always been gender-neutral. We’ve all heard the statistics: Men tend to make more money than women. And because Social Security benefits are based on lifetime income, men end up getting…
When Is the Best Time to Sell Your Home?
This question comes up at least once a week: People always want to know when the optimal time is to sell their home. The best time is when inventory is exceptionally low and demand is exceptionally high. It all goes back to supply and demand. When there is strong interest and very little to choose…
3 Ways to Boost Your Credit Score
Your 790 credit score might not be as great as you think it is. It all depends on which credit score you’re looking at. If you’re referring to a FICO score of 790 out of 850, that’s excellent, but 790 is only so-so on the VantageScore 2.0 model, which tops out at 990. So, you…
NTD Business Full Broadcast (April 16)
The Commerce Department says U.S. homebuilding rebounded strongly in March. Homebuilding grew at the fastest pace in 15 years – blasting expectations. But there are also signs homebuilding could slow down. What’s the challenge? People travel more because the lockdowns are fading, but rental car companies have sold much of their inventory. Vacationers better book car…
Finance Prodigy Starts Firm at 16, Teaches Kids Money Management
April 11, 2021
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When Jackson Denke, 18, purchases a cup of coffee at Starbucks, he doesn’t do so blithely. “I want to maximize the return on my $5.45 drink,” he told The Epoch Times. First, he chooses the right credit card: his American Express Gold, which offers the best rewards for food-and drink-related purchases. Then, he uses the…
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Orange County House Prices Could Drop 15 Percent by 2023
Commentary Chapman University is predicting a 10-to-15 percent drop in the median price of detached singled family homes in Orange County, Calif., by mid-2023. Faculty from Chapman University’s A. Gary Anderson Center for Economic Research presented on June 16 the institution’s economic forecasts for the nation, state, and Orange County. It expects rates on new…