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 Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.