Investing News

Most of the largest banks in the United States have a long history and managed to stick around since their early days. In fact, each of the four biggest banks by market capitalization is more than a century old. Wells Fargo (WFC) was founded in 1852, and Citigroup (C) in 1812. JPMorgan Chase (JPM) traces its origins

Cryptocurrency mixing service, Tornado Cash, has been blacklisted in the United States. However, this isn’t the first time when the U.S. has imposed a ban on a company. The following companies have also been slapped by the authorities.  Key Takeaways The U.S. authorities have blacklisted crypto mixing service Tornado Cash. Tornado Cash lets users make

Many retail investors shun the bond market because it does not offer the same level of potential upside as the stock market. While the bond market is different from the stock market, it should not be ignored. It is comparable in size to the stock market and has enormous depth. Triumph Of The Optimists: 101

For security, individuals, large organizations, and even nations will keep some of their surplus reserves in gold and foreign currencies. The U.S. dollar remains the primary and most trusted reserve currency, but the Swiss franc has also emerged as one of the best alternatives. This article explores why the Swiss franc is a good investment.

China’s economic growth and the modernization of its institutions from purely socialistic in nature to ones with traits of market economies, has been a successful endeavor. The reforms have touched upon all institutions and all forms of life throughout the country. The Chinese banking system is a part of those reforms and is in the

When it comes to leisure travel, Europe is the most frequently visited region in the world, according to the UN World Tourism Organization (UNWTO); in fact, in 2019, it hosted just over half of the 1.5 billion international tourists traveling that year. While it’s possible to travel around Europe on a shoestring, getting there eats up

Editor’s note: Below you’ll find the week 100 release of the NYC Recovery Index, originally published August 2, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economy continued to recover modestly during the week ending July 23, with the index score rising to 73 out of 100 points, following

Choosing whether to lease a new vehicle instead of buying it largely comes down to priorities. For some drivers, leasing or buying is purely a matter of dollars and cents. For others, it’s more about forming an emotional connection to the car. Before choosing which road to go down, it’s important to understand the key

Shares in graphics chipmaker NVIDIA Corporation (NVDA) plunged Monday and continued its drop on Tuesday after the company said it expects revenue to come in significantly below its earlier estimate, primarily due to weaker gaming sales. The Santa Clara, California-based chipmaker released preliminary second quarter (Q2) earnings yesterday, showing revenue reaching $6.7 billion, well below

The 30-year mortgage average dropped an eighth of a percentage point Monday, extending a volatile pattern of rising and falling in big movements for the last four days. Today’s National Mortgage Rate Averages For a fourth day, 30-year mortgage rates have seesawed wildly. The flagship average dropped 12 basis points Monday, after up and down

Kentucky storm and flooding victims have until Nov. 15, 2022, to file for certain tax relief according to the Internal Revenue Service (IRS) as of Aug. 2, 2022. Relief is available when filing certain individual and business tax returns and making tax payments the agency says. The just-announced relief postpones certain tax filing and payment

Nasdaq Inc. (NDAQ) is a global technology company providing data, analytics, software, and services to the capital markets industry. The company is best known as the operator of the Nasdaq Stock Market, the largest single venue of liquidity for trading U.S.-listed cash equities. At the end of 2020, a total of 3,392 companies traded shares

Key Takeaways Analysts estimate adjusted EPS of 95 cents vs. 80 cents in Q3 FY 2021. Disney+ subscribers are expected to rise YOY, but at the slowest pace in at least seven quarters. Revenue is expected to grow at a solid rate, but to slow compared with the past several quarters. The Walt Disney Co.

In the forex (FX) market, rollover is the process of extending the settlement date of an open position. In most currency trades, a trader is required to take delivery of the currency two days after the transaction date. However, by rolling over the position – simultaneously closing the existing position at the daily close rate and

With so much attention focused on the housing market these days, you might be thinking of sprucing up your home. Renovation projects can be expensive, of course. On average, homeowners spend about $15,000, and a kitchen or bath remodel can run significantly higher. If you want to know how to increase home value, bear in

There are hundreds of technical indicators traders can utilize depending on their trading style and the type of security to be traded. This article focuses on a few important technical indicators popular among options traders. Also, please note that this article assumes familiarity with options terminology and calculations involved in technical indicators. Key Takeaways RSI values

The number of small business owners reporting inflation as their top business problem has reached its highest level since 1979, according to a survey by the National Federation of Independent Business (NFIB). Thirty-seven percent of small business owners reported that inflation was their single most important problem in operating their business, an increase of three points from

The world’s biggest companies by market cap operate within a range of different market sectors, including technology, communication services, energy, consumer cyclicals, and financial services. A company’s market cap is calculated by multiplying the total number of its shares outstanding by the current market price of a single share. The majority of the companies making

Pet insurance is like human health insurance in many ways. The main difference has to do with the restrictions imposed on most pet health insurance policies. For example, pet insurance rarely covers preexisting conditions. Fortunately, despite these restrictions, pet insurance can be purchased that offers a wide array of coverage, from routine care to major

Is Free Market the Same as Capitalism? A capitalist economy and a free market economy are two types of economic systems. Often the terms are used interchangeably, especially in casual parlance. But, while they have overlapping qualities, the two are not quite the same thing. Capitalist and free-market systems do spring from the same economic