How Blockchain Can Help Emerging Economies
Source: https://www.investopedia.com When most people hear the word blockchain, which refers to a type of decentralized ledger technology, they immediately connect the term with cryptocurrencies. However, it is important to keep in mind that bitcoin just happened to be one of blockchain’s earliest and most popular applications; most experts believe thatContinue Reading
Can You Use a Home Equity Loan for Investment Property?
Source: https://www.investopedia.com Investment properties can be a great way to build passive income and diversify your investment portfolio, but breaking into real estate investing takes a large chunk of change. If you don’t have cash lying around and don’t want to wait until you’ve saved it, can you use aContinue Reading
The 9 Biggest Hedge Fund Failures
Source: https://www.investopedia.com There have been a number of scandals involving hedge funds over the years. A few of these scandals include the Bernie Madoff investment scandal and the Galleon Group and SAC Capital insider trading scandals. Despite these hedge fund scandals rocking the investment community, the number of assets underContinue Reading
What the National Debt Means to You
Source: https://www.investopedia.com The U.S. national debt has long been the subject of significant political controversy. Given its rapid rise in recent years following federal spending increases tied to the COVID-19 pandemic, it’s easy to understand why the issue is drawing more attention from economists, financial market participants, and critics ofContinue Reading
Nvidia stole the earnings spotlight last week. This week, it’s all about the debt ceiling
Source: https://www.cnbc.com Speaker of the House Kevin McCarthy talks to reporters about the debt ceiling after the departure of White House negotiators, at the U.S. Capitol in Washington, U.S., May 23, 2023. Kevin Lamarque | Reuters As has been the case for most of the year, last week’s equities storyContinue Reading
Chinese apps remain hugely popular in the U.S. despite efforts to ban TikTok
Source: https://www.cnbc.com TikTok Chief Executive Shou Zi Chew is pictured on the day he will testify before a House Energy and Commerce Committee hearing entitled “TikTok: How Congress can Safeguard American Data Privacy and Protect Children from Online Harms,” as lawmakers scrutinize the Chinese-owned video-sharing app, on Capitol Hill inContinue Reading
Where Investors Put Their Money in a Bear Market
Source: https://www.investopedia.com A bear market is commonly defined as a stock market decline of 20% or more over at least a two-month period. Bear markets are hard to anticipate, or manage. They start out looking like a routine market dip, then a correction, followed perhaps by bargain-hunting that is soonContinue Reading
Restaurants expect strong sales this summer. Consumers aren’t so sure
Source: https://www.cnbc.com A waitress delivers sushi orders at Masa Hibachi Steakhouse & Sushi in Silver Spring, Maryland. Bill O’Leary | The Washington Post | Getty Images Warmer weather usually boosts restaurant sales, but diners may hold back for the second straight summer as inflation weighs on consumers’ minds — andContinue Reading
What is a 529 plan? How you can score a tax break while saving for future college expenses
Source: https://www.cnbc.com Given the notoriously high cost of education in the U.S., parents, future parents, or anyone planning to pay for college would be wise to start thinking about saving up sooner rather than later. And what better time to think about a college savings account than 529 College SavingsContinue Reading
Putin congratulates ‘dear friend’ Erdogan as NATO’s Turkey challenge looks set to stay
Source: https://www.cnbc.com Turkey on Sunday voted for another five years of the leadership of Recep Tayyip Erdogan, the powerful, nationalist president who now enters his third decade in power. Russian President Vladimir Putin was among the leaders that congratulated Erdogan on his win on Monday, calling him a “dear friend,”Continue Reading