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As of August 20, 2022, more than 591 million people have been infected with COVID-19 and nearly 6.4 million people have died worldwide. This has been further compounded by an economic crisis caused by the disease’s disruption to the world economy, resulting in millions of people losing their livelihoods, exacerbating global poverty and inequality. The

A non-governmental organization (NGO) is a non-profit, citizen-based group that functions independently of government. NGOs are organized on local, national, and international levels to serve economic, social welfare, and civic purposes. Despite their independence from the government, many NGOs receive significant funding from government entities. Key Takeaways A non-governmental organization (NGO) is a non-profit, citizen-based

Transformco is the private holding company formed in February of 2019 to purchase the surviving assets of Sears Holding Company, which in turn owned Kmart and Sears Roebuck and Co. The latter holding company was formed in 2004 after an $11 billion merger of Kmart and Sears, a 134-year-old company. Sears struggled financially, and the parent

What Is the Vanguard Cash Reserves Federal Market Fund (VMRXX)? If you’re looking to invest in highly liquid investment vehicles that come with short-term maturities, consider a money market fund. These mutual funds typically invest in cash, highly-rated debt securities, and cash equivalents. These funds were originally designed to offer liquidity, provide current income, and

In classical economics, no concept is more important than that of utility. The theory of utility is that every transaction we make in the marketplace is an attempt to maximize our satisfaction, however we choose to define that. While utility is at the top of the list, convenience isn’t far behind. A company that makes

In this article MASI Dobrila Vignjevic | E+ | Getty Images Company: Masimo (MASI) Business: Masimo is a global medical technology company that develops, manufactures and markets a variety of noninvasive monitoring technologies and hospital automation solutions. Their core business is measure-through-motion and low perfusion pulse oximetry. They sell highly technical pulse oximeter devices to

Dental insurance premiums may be tax deductible. The Internal Revenue Service (IRS) says that to be deductible as a qualifying medical expense, the dental insurance must be for procedures to prevent or alleviate dental disease, including dental hygiene and preventive exams and treatments. Dental insurance that is for purely cosmetic purposes, such as teeth whitening

Many authors have written on psychological or behavioral traps that lead people in the wrong direction with their lives in general. Quite frequently, some classic forms of dysfunctional psychology are directly evident in investing behavior. Here, we take a look at eight common psychological traps that investors can fall victim to, as identified by behavioral finance.

Financial advisors today have a myriad of challenges facing them in their daily practices. They must wear many hats including those of asset manager, financial planner, psychologist, or marketer in order to succeed. While most advisors can wear some of these hats well, it is very difficult to manage several roles, especially if switching from

What Is Pet Insurance? Pet health insurance is property and casualty (P&C) insurance. It’s not technically in the health insurance category. Despite this, it is health insurance. The current model of pet insurance is reimbursement insurance. You pay the veterinarian, then file a claim, and the insurance company reimburses you an amount that’s had the

As the cost of attending college increases across the United States and around the globe, how to pay for it remains a big concern. Many students and families who opened 529 plan accounts to fund their education here are discovering that the money can also be used to study abroad, if you follow the rules. Key

Blue-Collar vs. White-Collar: An Overview Workers are often divided into categories using different classifications. One of the most common ways is by using collar colors. Two of the most popular types are blue-collar and white-collar workers. Both terms have meanings that evoke different images, including the type of work involved and how people are paid.

Xoom is an online money transfer service that lets you send funds within the U.S. and to countries around the world quickly, easily, and affordably. You can also use Xoom to pay the bills of family and friends who live abroad. What’s more, Xoom provides the means to reload prepaid mobile phones located internationally. All

Borrowing money can fund a new home, pay for college tuition or help start a new business. Financing options range from traditional financial institutions, like banks, credit unions, and financing companies to peer-to-peer lending (P2P) or a loan from a 401(k) plan. Key Takeaways Borrowing money can fund a new home, pay for college tuition