In the world today, there are currently 2,604 billionaires and a good number of them are from the U.S. compared to 1916 when there was only one global billionaire—John D. Rockefeller. Becoming ...
What are stock options?Stock options give investors the right to either buy or sell a stock at an agreed price and date. Stock options serve as a right and not an obligation. Just like other classes o...
Long-term equity anticipation securities (LEAPS) are option contracts that are publicly traded with expiration dates that are longer than one year. LEAPS grant a buyer the advantage to purchase or sel...
Payment giant, Visa announced in a statement on Monday (Jan. 13), that the company has made a move to acquire Silicon Valley startup, Plaid. This is a deal that is worth $5.3 billion.Plaid's API softw...
Buying a car with a loan that has a high interest rate could mean driving the car for a long time before being out of debt. With increased interest rates, vehicles become more expensive and coming...
What is Backup Withholding (BWH)?It is expected of every taxpayer with certain kinds of income payments to report these payments on an information return (federal income tax return). The income paymen...
Historically, most of the high paying investments in the stock market are the product of tax-free Spinoffs. However, most times investors lose out of these great benefits because of what they often th...
Following a fresh round of funding, British fintech start-up has been able to raise $500 million, which now brings the valuation of the company to $5.5 billion. TCV, a Silicon Valley-based venture ...
Everybody wants to be financially independent but when we look around us today, the rate of people who are below the stability line is far more than those who are financially independent. The reason f...
FactsThe Great Depression started in September 1929 and it lasted till the 1930s. It was also the worst economic decline of the 20th century.The effect of the wake of the 1929 economic decline resulte...