During his second term State of the Union address, President Barack Obama proposed a $1.75 raise to the minimum wage to the cheers of proponents who believe this is long overdue.

Accounting professionals like to throw around terms that sound confusing, but are actually quite simple. Net working capital is also known as just working capital by most business professionals. The terms are interchangeable and they mean exactly the same thing.

The Wall Street Journal recently reported on increased growth in the service sector of the U.S. economy, noting that July 2013 sales figures increased by the largest percentage seen since February of this year.

Starting the New Year with vows of getting into shape physically is the hallmark of many resolutions. Spring and summer months soon reveal just how successful some people were at honoring those personal commitments.