Investing News

You should start saving for a house as soon as the desire to buy one crosses your mind. Most people know that a home is probably the largest single purchase they’ll ever make. But many first-time buyers underestimate the amount of cash they will need to purchase their dream home. Key Takeaways Homebuyers can expect

Economics is the science that studies how societies produce goods and services and how they consume them. Economic theory has influenced global finance at many important junctures throughout history and is an integral factor in our everyday lives. However, the assumptions that guide the study of economics have changed dramatically throughout history. Here is a brief look at the

Wells Fargo (WFC) is among the top five banks in the United States, ranking in the third sport as of March 2022, after JPMorgan Chase and Bank of America. According to the company, it has more than $1.92 trillion in assets. The bank serves more than 64 million customers across the country and has more than

A house. A vacation. A thousand dollars a day for life. Who wouldn’t want to win a huge prize or the lottery? Actually, a lot of people—once they realize these jackpots aren’t free, because most prize winnings are taxed as income by the Internal Revenue Service (IRS). Taxes and the ongoing costs of ownership can

Return on investment (ROI) is the key measure of the profit derived from any investment. It is a ratio that compares the gain or loss from an investment relative to its cost. It is useful in evaluating the current or potential return on an investment, whether you are evaluating your stock portfolio’s performance, considering a

Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup competing against Plaid to help connect financial institutions and fintech players, is naming PayPal executive Jim Magats its new CEO, CNBC has learned. Magats, a nearly two-decade PayPal veteran who was most recently senior vice

What Is NEO? NEO is a blockchain developed to fully digitize assets and identities through smart contracts for the overarching goal of achieving a smart economy. In the theory behind a smart economy, digital assets and digital identities are seen as being essential to improving the quality of life for everyone. NEO aims to automate digital

According to statistics from a 2020 Jobvite report, 72% of recruiters are active on LinkedIn, and 67% of recruiters say that LinkedIn provides the highest quality candidates. If you are looking for a job, merely using LinkedIn’s free basic membership could put you ahead of the competition. On the other hand, if you want to

Behavioral research studies indicate a relationship with money and the amount of assets individual investors choose to allocate to a financial advisor may be more strongly influenced by emotions and beliefs than advisors realize.  Investopedia explored this topic during an online summit for financial advisors on July 26, 2022. Investopedia’s Editor-in-Chief Caleb Silver was joined

Lately, Russia has been saber-rattling and building up its military presence on its border with Ukraine, a sign that Putin may soon invade–and drawing the U.S. and NATO into war. There is also the ongoing possibility of an armed conflict between the U.S., its allies, and Iran. So far the U.S. has spent an estimated $6.4

In this article CS Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstein is about to step down from the embattled investment bank, the Wall Street Journal reported on Tuesday. The Zurich-based bank will soon announce

The Securities and Exchange Commission (SEC) is reportedly investigating crypto exchange Coinbase (NASDAQ: COIN) over allegations that it allowed U.S. persons to trade unregistered securities. As a result, Coinbase’s shares were down 21% on July 26 and have fallen more than 80% since the IPO one year ago. Key Takeaways Coinbase stock was down 21% on

Should you have more than one credit card? If you’ve ever spent your way into a massive pile of credit card debt, you probably know the answer: No! It’s certainly true that taking out multiple credit cards can make your debt repayments unsustainable. However, there is no simple answer as to how many credit cards

Most qualified plans—such as a 401(k) or 403(b) plan—offer employees the ability to borrow from their own retirement assets and repay that amount with interest to their own retirement account. While most of us would rather not take money from our retirement plans until after we retire, we are sometimes left with no alternative. If

Capital vs. Consumer Goods: An Overview Capital goods and consumer goods are terms used to describe goods based on their use. A capital good is any good used for production. Consumer goods are those used by consumers and have no future productive use. The same physical good could be either a consumer or capital good,

In this article BAC MRVL GFS KNX TFC Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Investors seem to be welcoming the latest earnings season with fresh optimism despite nagging concerns about inflation, recession and rising interest rates. Indeed, strong quarterly results from a number of key companies have helped power the major stock

For aviation-minded investors with their heads in the clouds, there are plenty of investing options structured around the aviation and defense industries–if they’re open to the format. When it comes to mutual funds, the only aviation mutual fund that is directly targeted to the aerospace and defense sector is the Fidelity Select Defense and Aerospace

What Is Litecoin (LTC) Mining? Litecoin (LTC) is a cryptocurrency created as a fork of Bitcoin in 2011. It uses a hashing algorithm called Scrypt that requires specifically designed mining software and hardware. It is minable, and continues to rank in the top cryptocurrencies for value and trading volume. Litecoin mining is the process of

Benjamin Franklin was correct in his assessment when he said there was nothing certain in life except for death and taxes. But while taxes have been certain, they’ve been far from consistent—especially in the United States. In fact, the tax plan as we know it today has evolved, having undergone a series of reforms and

The life insurance market in the United States is both massive and highly competitive. Though bigger may not mean better, either for consumers or for investors, it does imply a degree of longevity and financial stability in the life insurance business. Life insurance is a policy or contract that guarantees the customer or the insured’s