There is a tax on the 1 percent that Washington should be considering: A financial-transaction tax—better known as a financial speculation tax (FST). A financial-speculation tax has been discussed, ...
A previous version of this article appeared on Feb. 26, 2020. Benjamin Franklin once wrote, “In this world nothing can be said to be certain, except death and taxes.” True enough, but he missed that ...
AI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions. An example of fraud detection ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
With Covid-19 playing havoc with federal and state government budgets, and Congressional rescue plans on hold, we’re starting to hear more about Financial Transaction Taxes (FTT) again. Specifically, ...
Learn about friction cost to make better informed decisions: its implications in investments and loans, and how it helps assess the true cost of financial transactions.
Editor’s Note: Josh Bivens is director of research at the Economic Policy Institute. The opinions expressed in this commentary are his own. It’s been almost a year since the global financial sector ...
Bartering involves exchanging goods or services directly without using money. The IRS considers bartered goods and services as taxable income. Successful barter requires finding someone with mutual ...