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 ...

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 ...

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management. A business bank statement is an official financial document ...

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, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

When a business engages in any economic activity, such as selling goods, purchasing supplies or paying salaries, these events must be recorded in the financial books. This is the first phase of the ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Crea Taylor / ...