This is different than what it means for a business, where year-to-date represents the overall earnings all employees earned. It also includes payments paid in this current fiscal or calendar year, but not necessarily received this year. This amount could consist of a sales commission sale ...
What the YTD Sales Calculation Means The year to date return represents the amount of profit that an investment has generated since the beginning of the calendar year. Investors like the analysis because of its simplicity in providing a snapshot of a company's performance. When interpreting the ...
AI in finance isn’t just about speed or scale—it’s about creating trust, enhancing accuracy, and unlocking insights that were previously hidden in complex datasets. By leveraging AI, financial leaders can build systems that are not only efficient but also resilient and innovative. Internal Fin...
Unlike the ISM report, the Markit services PMI improved from50.9 to 51.5. The May reading was a 39 month low. This index had a big improvement in the 2ndhalf of the month as the flash reading was 50.7. That means the index was 52.3 in the 2ndhalf. That’s a 1.6 point improvement. ...
When the Fed “tightens” by raising interest rates, and by running down its balance sheet via QT,$1.6 trillion in QT so far, it means to tighten financial conditions, which includes widening the spread between Treasury securities and securities with more ri...
To make matters worse, Elon Musk's $44 billion purchase of Twitter fueled concern that he was reducing its focus on Tesla. The fact he sold Tesla shares worth almost $40 billion to help finance the deal clearly didn't help either. ...