By Andrew Moran President Donald Trump has proposed changing the requirement that companies submit quarterly earnings reports to submitting semiannual reports instead. Under current law, the Securities and Exchange Commission (SEC) mandates companies to file information detailing their financial performance, corporate governance, and other relevant disclosures. The purpose is to offer transparency for financial markets, […]
Tag: Economic Depression
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.