Part of the US government moves to sustain the economy also includes providing homeowners with mortgage relief which would help owners who will not be able to pay their mortgage within the next few mo...
On Sunday, the Federal Reserve revealed its plan to purchase limitless assets as a new measure to stimulate the economy and keep the markets functional through its open-ended asset purchase program.Th...
On Wednesday, the NYSE closed its trading floor after traders tested positive for coronavirus. It said it will temporarily move fully to electronic trading which would officially begin on March 23, at...
As the stock markets continue to plunge, the net worth of top global billionaires continues to decrease. Together, the top 10 global billionaires have lost a total of $83 billion within the past week ...
Gilead Sciences, Moderna, 3M, RegeneronAmidst the coronavirus surge and the recent stock market plummet, while stocks like Apple (APPL) and Tesla (TSLA) fall, certain Biotech companies’ stocks perfo...
Breaking news:Disney media companies said its CEO, Bob Iger, to stepped down immediately, and Bob Chapek named his successor. According to Disney, the change is in e...
Turbo Tax maker, Intuit (INTU) Inc. has made a move to acquire financial services and software company, Credit Karma in a deal that is worth about $7.1 billion in both cash and stock. Credit Karma i...
What is a Balanced Budget?DefinitionA balanced budget is a financial term used to refer to a budget that does not have its expenses exceeding its revenues. It occurs when revenue is equals to or ...
THE AMERICAN STOCK EXCHANGE The American Stock Exchange is now referred to at the New York Stock Exchange following the successful acquisition that took place on the 1st of October 2008. The Am...
This is simply a fixed-interest rate paid subsequently for five years but subjected to adjustment after the first five years. It is also known as a 5-year ARM or 5-year-fixed period ARM. From the name...