Fioney Staff
Fioney aims to help guide you to make the best decisions when it comes to the ever changing worlds of personal and small business finance.
Economic News
Which States are Most Affected by Government Shutdowns?
by Fioney Staff
As you're surely aware the United States federal government is currently involved in a partial shutdown. While such shutdowns have become fairly common in recent years, the latest seems a bit different in that its now past the two-week mark with no end in sight. This led the personal finance site WalletHub to study which states are the most and least impacted by the federal government shutdown. Easily topping WalletHub's study...
FinTech News
Global FinTech Funding Reaches High in 2018
by Fioney Staff
It seems that every year over the past several has been dubbed "The Year of FinTech" by someone — and often times for good reason. However, if you were considering bestowing such a title to 2018, you'd have one big stat on your side. As Business Insider reports it proved to be a banner year for FinTech funding worldwide, likely besting the past three. Although figures for the full year...
Small Business News
Small Business Hiring Soars in December
by Fioney Staff
Despite months of reported skilled labor shortages that left many small businesses with job positions they couldn't fill, new numbers from the payroll company ADP show that small business hiring surged in the last month of 2019. As Orlando's WFTV reports, ADP found that its small businesses customers added 89,000 new jobs in December. For comparison the company revised its previously-announced November hiring numbers to 38,000 — less than half of...
Economic News
U.S. Stock Markets Close Worst Year in a Decade
by Fioney Staff
The U.S. stock markets managed to end the year with a rollercoaster run, leading to a winter flurry of headlines. Following the worst Christmas Eve trading session ever — that resulted in the Dow Jones Industrial Average losing more than 650 points and brought the S&P 500 into a bear market — the post-Christmas trading day brought a largest single-day point gain in history. Since then stocks have continued to...
Investing
A Guide to Understanding Your Retirement Account Options
by Fioney Staff
These days, retirement is proving to a massive topic. Between consistent talk and speculation about the future of Social Security to the fact that we as humans tend to be living longer now, there have been many efforts to make individuals aware of how they should be preparing for retirement. While you may know the basics — such as start early and save as much as you can — you...
Small Business Tips
Buying an Existing Business: Is it Right for You?
by Fioney Staff
Let’s take a look at what you need to know about buying an existing business, including how to find business for sale, the pros and cons of this approach, how franchise opportunities differ from acquisitions, and what to consider once you do take the reigns.
Money Management
Red vs. Blue: Which States Have More Personal Debt?
by Fioney Staff
With the 2016 presidential election now less than two weeks away, you've likely been seeing several electoral maps filling your Twitter feed as well as 24-hour news channels constantly running through likely map scenarios for November 8th. As has become customary over the past few cycles, these maps break the country down into red states, which are likely to be won by Republicans, and blue states, which tend to vote...