Articles

  • Oct 27, 2024 | fiscalreport.com | Justin Stoltzfus

    In today’s workplace, adaptability and resilience are highly valued personality traits. But even strengths can become weaknesses when taken to the extreme. Research from the Hogan Development Survey (HDS), reported in the Harvard Business Review, highlights key personality traits that, while beneficial in moderation, can actually hinder career growth if overemphasized.

  • Sep 19, 2024 | fiscalreport.com | Justin Stoltzfus

    An analysis of past and present Forbes annual American billionaire list reveals the ultra-rich have increased their wealth 88% over the last 4 years as the economy recovers from the shortages and challenges of a world pandemic. Inequality.org shows that since 2020 the cumulative wealth held by American billionaires nearly doubled — from around $2.5 trillion to nearly $5.5 trillion.

  • Sep 17, 2024 | fiscalreport.com | Justin Stoltzfus

    The majority of Americans are passing up opportunities to make money on savings in high-yield savings accounts. CNBC’s Elizabeth Gravier less than 20% of a surveyed group representing American depositors kept their savings in accounts that could be earning them hundreds to thousands of dollars annually — essentially risk-free. Instead, the majority of bank depositors are keeping their money in lower interest savings accounts tied to their traditional checking accounts.

  • Sep 7, 2024 | fiscalreport.com | Justin Stoltzfus

    Chase Bank is reporting users who attempt to commit check fraud following a viral TikTok trend at its ATMs.Some Tiktok users attempted to convince others to write bad checks and deposit them into Chase ATMs in order to get “quick money.”In the viral videos, the cut-and-dry fraud is referred to as a ‘glitch.’ The successful completion of the illegal, immediate withdrawal, a ‘hack.’In reality, this practice is known as “check kiting,” which is illegal, textbook fraud.

  • Sep 6, 2024 | fiscalreport.com | Justin Stoltzfus

    Costco is selling a lot of gold. In a Decemeber 2023 earnings call, the company revealed it had sold $100 million worth of gold bars to shoppers less than two months after starting sales October of that year. That corresponded to a rise in gold pricing that has analysts wondering whether the market share has any direct impact on the the gold market. May’s earning call shared that gold had boosted revenue for Costco’s e-commerce sales.

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