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What is the Federal Funds Rate and How Does it Impact Loan Rates?

You’ve probably heard the term federal funds rate mentioned on the news or by a relative interested in the economy, but what does it mean? The federal funds rate is the interest rate banks charge each other for borrowing short-term money. The Federal Reserve sets the rate which affects inflation, economic growth, loan, and savings

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6 Transformative Methods for Boosting Workplace Efficiency

Opinions expressed by Entrepreneur contributors are their own. Today’s era of digital workspace has created a lot of noise. Endless meetings, countless hours of managing tasks, the accumulation of information, deadlines, priorities and projects create a blurred line between what you should do now and what you should do next. But effective leaders know that

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3 Premier Stocks to Get in on This Month

While inflation has been cooperating with the Fed’s aims, rising worries about a potential recession due to the recent financial crisis will likely keep the stock market under pressure. Therefore, it could be wise to check out some premier stocks, Glencore (GLNCY), Fortive Corp. (FTV), and Koç Holding (KHOLY), this month. Continue reading…. Although inflation

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Walmart Offloads Clothing Retailer at a Staggering $235 Million Loss

Menswear brand Bonobos will be sold to brand management firm WHP Global and popular retailer Express in a $75 million deal. Walmart acquired Bonobos in 2017 for a staggering $310 million, meaning it’s selling the once-thriving clothing company at a $235 million loss. The deal is expected to close in the second fiscal quarter of

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5 Benefits Of Doing Business With Clients In Other Countries

Opinions expressed by Entrepreneur contributors are their own. Growing up in rural Illinois, I had little international communications experience. In fact, it was actually sitting at a big zero by the time I got to college. In my first few jobs, I lived and worked in big (and then bigger) cities and grew experience working

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