Investing News

In this article FOUN Traders on the floor of the NYSE, June 8, 2022. Source: NYSE SPACs are known to be a roundabout investment vehicle to take private companies public. Not this one. Bull Horn Holdings is merging with biotech Coeptis Therapeutics, a public company traded over the counter. The SPAC sponsors told CNBC they went for

It’s a myth that you need to put down 20% of a home’s purchase price to get a mortgage. Lenders offer numerous loan programs with lower down payment requirements to fit a variety of budgets and buyer needs. If you go this route, though, expect to pay for private mortgage insurance (PMI). This added expense can

HBCUs (short for historically Black colleges and universities) were first established in the mid-19th century with a very narrow goal—to provide advanced education to African American students who were, at the time, barred from entry into most existing universities and colleges. Though these barriers have since been removed, HBCUs still represent a crucial part of

When it comes to conservative investments, nothing says the safety of principal like Treasury securities. These instruments have stood for decades as a bastion of safety in the turbulence of the investment markets—the last line of defense against any possible loss of principal. The guarantees that stand behind these securities are indeed regarded as one

If you have a nondeductible IRA, you can convert it into a Roth IRA and enjoy the Roth’s advantages, including tax-free withdrawals and no required minimum distributions (RMDs) during your lifetime. However, the rules you’ll need to follow will depend on whether you have only nondeductible IRAs or both nondeductible and deductible IRAs. This article

The early part of the 2000s was a godsend for many consumers. Credit flowed with relative ease, making it nearly impossible to be declined for a loan, credit card, or mortgage. Subprime loans were rampant, giving investors and corporations big profits, but they also helped many people live out the American dream by letting them

The majority of all American consumers receive their utilities services from private companies that are regulated at the state level by public service commissions. According to survey data from the American Public Power Association, privately owned utility companies served 66.9% of electricity customers across the country in 2021. Larger federal or state power utilities are

While Craigslist, the e-commerce site is still an option, it is easy to find alternatives for anything you might want to buy or sell. And in terms of finding a job, date, or a new roommate, there are safer and easier-to-navigate online alternatives to Craigslist. Whether you want to sell your car, buy new patio

If you are among the millions of Americans who contribute to a 401(k) plan, you receive a quarterly account statement composed of dull, incomprehensible prose. To maximize your 401(k), you’ll need to understand the types of investments offered, which are best suited for you, and how to manage the account going forward, among other strategies. Key

In this article WDAY DHR COP NVDA MRVL Workday co-founders and co-CEOs Aneel Bhusri (left) and Dave Duffield (center) applaud their company’s first trade after their IPO at the New York Stock Exchange on Oct. 12, 2012. Brendan McDermid | Reuters The last week of May put our minds slightly at ease with a relief

Dictionaries list several different definitions for the word “ethics.” The primary definition is a system of moral principles, and a secondary definition is that ethics are the rules of conduct as used by a specific group or culture. The final definition of ethics is a branch of philosophy dealing with values relating to human conduct,

Class A Shares vs. Class B Shares: An Overview The difference between Class A shares and Class B shares of a company’s stock usually comes down to the number of voting rights assigned to the shareholder. Class A shareholders generally have more clout. Despite Class A shareholders almost always having more voting rights, this isn’t

Landing a finance job with just a bachelor’s degree isn’t impossible but is highly competitive. The inboxes, both digital and physical, of industry professionals and HR folks at banks and brokerages are stuffed with the resumes of students who have dreams of big money, lavish lifestyles, and getting on the path to being Masters of

Structural Unemployment vs. Cyclical Unemployment: An Overview Unemployment is the result of workers losing their jobs, which can lead to an increase in cyclical unemployment due to an economic downturn, but if unemployment persists for many years, it can lead to structural unemployment. The causes of structural unemployment can include shifts in the economy, improvements

Options traders can profit by being an option buyer or an option writer. Options allow for potential profit during both volatile times, and when the market is quiet or less volatile. This is possible because the prices of assets like stocks, currencies, and commodities are always moving, and no matter what the market conditions are there is

What Is R-Squared? In the financial world, R-squared is a statistical measure that represents the percentage of a fund’s or a security’s movements that can be explained by movements in a benchmark index. In this field, R-squared typically ranges from 1%-100%. Where correlation explains the strength of the relationship between an independent and dependent variable,

Chase Coleman, founder of Tiger Global Management LLC Amanda L. Gordon | Bloomberg | Getty Images Chase Coleman’s Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund’s tough 2022 even worse. The growth-focused flagship fund at Tiger Global tumbled 14.3% in May, bringing its 2022 losses to over

Alwaleed bin Talal is the founder of the Kingdom Holding Company, a Saudi Arabian conglomerate that invests in hotels, real estate, and publicly traded companies worldwide.  Regarded as one of the wealthiest global investors, Alwaleed bin Talal’s net worth in 2022 was $16 billion. KEY TAKEAWAYS Alwaleed bin Talal is a billionaire and member of the Saudi

Very few people are available to trade forex full time. Traders who have to make their trades at work, lunch, or night find that with such a fluid market, trading sporadically throughout a small portion of the day creates missed opportunities to buy or sell. These missed opportunities can spell disaster for the part-time trader.

19.62% The median rate of interest across all credit cards in the Investopedia card database for June 2022. The median credit card interest rate for all credit cards in the Investopedia database jumped 12 basis points to 19.74% at the beginning of June over it’s level the previous month, based on average advertised rates across