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Fighting Foreign Terrorism on Homeland Soil, Increased Protections for Clean Water and Low-Income Veterans, and New Appropriations for FY2020

Terrorist and Foreign Fighter Travel Exercise Act of 2019 (HR 1590) – This bill promotes the identification and determent of terrorist activity from reaching the homeland, and enhances the United States government’s ability to respond to terrorism, including emerging threats. Specifically, the legislation requires the Department of Homeland Security to develop and conduct exercises related … Continue reading “Fighting Foreign Terrorism on Homeland Soil, Increased Protections for Clean Water and Low-Income Veterans, and New Appropriations for FY2020”

How to Stay Safe with Business Email Compromise on the Rise

According to a report by the Financial Crimes Enforcement Network (FinCEN) released in July, financial institutions have incurred more than $9 billion in losses due to Business Email Compromise (BEC) schemes since 2016. With such staggering losses, businesses and even individuals can’t afford to ignore BEC attacks. What is BEC? BEC fraud involves cyber thieves … Continue reading “How to Stay Safe with Business Email Compromise on the Rise”

What to Expect and How to Prepare for a Recession

Economists generally determine that the country has fallen into a recession after two consecutive quarters of negative gross domestic product (GDP) growth. Since 1967, the United States has experienced seven recessions. The thing is, predicting a recession is a little like predicting a tornado. Experts are never exactly sure if or when one will occur, … Continue reading “What to Expect and How to Prepare for a Recession”

How Will Ongoing China Trade Tensions Tensions Impact Consumer Spending?

According to the U.S. Department of Commerce and the U.S. Census Bureau, retail sales came in at a negative 0.3 percent for September, even though it’s still 4.1 percent more than September 2018’s report. The same report followed up on August 2019’s numbers, with a revision by the agency to 0.6 percent, up from 0.4 … Continue reading “How Will Ongoing China Trade Tensions Tensions Impact Consumer Spending?”

LIFO Versus FIFO and How Each Method Values Inventory

As the name implies, First-In, First-Out (FIFO) is a way for companies to value their inventory. The first items put into inventory or produced by the company are accordingly the first taken out of inventory or transferred to customers and therefore expensed. When it comes to accounting for acquisition and/or production costs, initial and earlier … Continue reading “LIFO Versus FIFO and How Each Method Values Inventory”

How to Protect Yourself from the Equifax Data Breach

The massive Equifax breach means consumers need to be on guard against data thieves. The credit-rating company hack earlier this year left approximately 143 million people‚Äôs personal information exposed and vulnerable. Here are the steps you take to help protect yourself in the wake of this event. Determine the exposure of your information: Go to … Continue reading “How to Protect Yourself from the Equifax Data Breach”

Sanctions on Foreign Adversaries, Breakthrough DNA Technology, and Fast-Tracked Approval for Generic Drugs

Countering America’s Adversaries Through Sanctions Act (H.R. 3364) – This Act expands U.S. sanctions against Russia (for annexing Ukraine’s Crimea and meddling in last year’s U.S. presidential election), Iran and North Korea (for weapons activities). It also establishes a congressional review process to authorize any changes to existing sanctions against Russia, prohibits U.S. persons from … Continue reading “Sanctions on Foreign Adversaries, Breakthrough DNA Technology, and Fast-Tracked Approval for Generic Drugs”

Reimagining Entire Industries with Artificial Intelligence

About a year ago, at an Artificial Intelligence (AI) Conference in Cambridge in the U.K., Dr. Stephen Hawking noted that, “Success in creating AI could be the biggest event in the history of our civilization … either the best or the worst thing, ever to happen to humanity. We do not yet know which.” The … Continue reading “Reimagining Entire Industries with Artificial Intelligence”

 
 
 
 
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