Will Nikisher

YHS 2023 WISE Accounting and Finance

[Will Nikisher @will_nikisher]

Fun fact about saving money, around 25% of American families have no savings at all, and around 40% of Americans who work are not saving for retirement! Saving early is the key! #finance #WISE @YHSMrsMero
https://t.co/fXFDHSRVQ3.

[Will Nikisher @will_nikisher]

https://t.co/fXFDHSRVQ3.

[Will Nikisher @will_nikisher]

Did you know… The first coins were made over 2500 years ago, and paper money was first ever used in China over 1000 years ago! #WISE #FunFacts @YHSMrsMero #Finance #money

[Will Nikisher @will_nikisher]

Did you know… ? Coins stay in circulation for about 30 years, which is when they become too worn to use. And at that time, the Federal Reserve takes them out of circulation and melts them down to use for other purposes. #Funfact #DidYouKnow #WISE #finance @YHSMrsMero

[Will Nikisher @will_nikisher]

#FINANCE #WISE #economics #accounting #government @YHSMrsMero

[Will Nikisher @will_nikisher]

Government Default will cause many problems such as
- spending cuts {welfare, government benefits, social security, medicare, medicaid, veteran+gov worker payments}
- increased taxes
- US credit to fall
- interest rates would rise, making borrowing difficult

[Will Nikisher @will_nikisher]

US economy added 253,000 jobs in April and the unemployment rate fell slightly to 3.4 percent. The unemployment rate for black workers also hit a historic low! #Economics #Finance #WISE @YHSMrsMero

[Will Nikisher @will_nikisher]

I started to make my symposium board this week and I can’t wait for the symposium. I had an amazing WISE experience and cannot wait for the future. Im so grateful for everything WISE, Mrs. Mero, and so many others have done for me. #WISE #Future #Finance @YHSMrsMero #Accounting

[Will Nikisher @will_nikisher]

@dsalveggiwise @YHSMrsMero This source could help out : https://t.co/hxNsBeRp8d
#WISE #finance #economics @YHSMrsMero

[Will Nikisher @will_nikisher]

@dsalveggiwise @YHSMrsMero A vote to raise the debt limit doesn't authorize new spending, but it essentially allows the Treasury to raise money to pay for expenses the government has already authorized. Basically it just buys the government time, but as of now, nobody knows what will happen.

[Will Nikisher @will_nikisher]

#WISE #Finance @YHSMrsMero SOURCE: https://t.co/REb3hgxLp7.

[Will Nikisher @will_nikisher]

The Federal Government is running out of money and inching towards default. This would be an absolutely unfettered economy catastrophe. Unemployment would skyrocket, the economy would drastically contract, and over the course of the year inflation would crush Americans.

[Will Nikisher @will_nikisher]

I had a great time meeting with my mentor Mrs. Woolley yesterday and we talked about WISE, the future, and more! I'm gonna miss seeing Mrs Woolley every week, and i am so grateful for everything she has done! #WISE #mentor @YHSMrsMero

[Will Nikisher @will_nikisher]

#WISE #Finance @YHSMrsMero

[Will Nikisher @will_nikisher]

Morgan Stanley plans to eliminate roughly 3,000 positions by the end of June, sources say. That equates to roughly 5% of the New York-based bank’s workforce when excluding the financial advisors and support staff who will be spared in the cuts, the person said.

[Will Nikisher @will_nikisher]

@YHSMrsMero #banking #bankingcrisis

[Will Nikisher @will_nikisher]

The crisis that led to the downfall of three regional U.S. banks in recent weeks is largely over after the resolution of First Republic, according to JPMorgan Chase CEO Jamie Dimon. JPMorgan has emerged as the winner of a weekend auction for First Republic. #finance #WISE

[Will Nikisher @will_nikisher]

https://t.co/A2UomJ5pUu #finance #WISE #stocks #chatgpt @YHSMrsMero

[Will Nikisher @will_nikisher]

Chegg, a company that helps with homework and textbooks, has seen a drop of over 40% in their stocks since ChatGPT has came around. In order to combat this Chegg is trying to make its own AI homework helper, CheggMate. This product is being build in collaboration with OpenAi.

[Will Nikisher @will_nikisher]

source https://t.co/VUED5HcSQN #Finance #Money #DebtCeiling #government #economy #economics @YHSMrsMero

[Will Nikisher @will_nikisher]

With a staggering 31.4 trillion in debt, the United States is running out of money, and trying to raise the debt ceiling. If we run out of money thousands of federal workers will lose their jobs and so many more problems will come with including most likely, a recession.

[Will Nikisher @will_nikisher]

House Republicans have passed legislation in order to increase the debt limit and some spending cuts as well, that the Democrats are not in favor of. I think that we are going to see a-lot of negotiating in the future, and hopefully our leaders can find a fix to this problem.