A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...

A balance sheet displays what a company owns, what it owes, how it's financed, and its shareholders' equity at a particular point in time. An income statement displays the company's revenues and ...

Stressing plans to stay flexible, the Federal Reserve indicated Wednesday that it intends to pull back further from the policies it implemented during the Great Recession, namely its injection of ...