Investing News

If you had to use a single financial barometer to indicate the strength of the economy, what would it be? Even though the Dow Jones Industrial Average is the best-known and most-quoted stock index in the world, it’s so selective as to be misleading. Comprised of only 30 stocks, the Dow is less representative of
0 Comments
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
0 Comments
The prisoner’s dilemma, one of the most famous game theories, was conceptualized by Merrill Flood and Melvin Dresher at the Rand Corporation in 1950. It was later formalized and named by Canadian mathematician, Albert William Tucker. The prisoner’s dilemma basically provides a framework for understanding how to strike a balance between cooperation and competition and
0 Comments
When you graduate college with federal student loan debt, you’re assigned a student loan servicer to collect your loan payments and provide customer service. One of those servicing companies is Navient, which manages about $300 billion of government and private student loans for more than 12 million borrowers.  If you have Navient as your student
0 Comments
Bitcoin has not only been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, but also has become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs. Key Takeaways A cryptocurrency, broadly defined, is a form of digital tokens or “coins” that exist on a
0 Comments
Beer. You’ve seen it at sporting events, parties, and backyard barbecues, but have you ever thought about just what goes into that can or bottle? Not the ingredients, but economics. The brewing industry is quite complex, and it takes more than just brewing technique to get your favorite beer into your local store or bar.
0 Comments
In this article JPM Scott Mlyn | CNBC JPMorgan Chase is paying a $125 million fine to settle Securities and Exchange Commission charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws. The SEC said Friday in a statement that JPMorgan Securities admitted to “widespread” record-keeping
0 Comments
Social media site Reddit revealed on Dec. 15, 2021 that it has made a confidential filing with the U.S. Securities and Exchange Commission (SEC) in preparation for an initial public offering (IPO). Reddit reportedly is aiming for a valuation of $15 billion when its IPO comes to market. Message boards on Reddit, most notably WallStreetBets,
0 Comments
Industrialization refers to the process of transformation from an agrarian to an industrial society, when an economy switches from a period of stable-to-little growth to one of accelerating growth. While wages did eventually grow as a result of industrialization, there are many ways to measure standard of living and it can’t simply be assumed that
0 Comments
A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images A female former employee of Elon Musk’s SpaceX alleged in an essay published Tuesday that the space company’s workplace is “rife with sexism” and that its
0 Comments
General Electric Co. (GE), known to investors as GE, is a global industrial company operating in the power, renewable energy, aviation, healthcare, and financial services industries. It serves customers in 170 countries. In recent years the company has gone through a series of major restructurings. That includes a long list of spinoffs such as the
0 Comments
Defined-Benefit vs. Defined-Contribution Plan: An Overview Employer-sponsored retirement plans are divided into two major categories: defined-benefit plans and defined-contribution plans. As the names imply, a defined-benefit plan—also commonly known as a traditional pension plan—provides a specified payment amount in retirement. A defined-contribution plan allows employees and employers (if they choose) to contribute and invest funds
0 Comments