In the wake of the 2008 financial crisis, the lack of regulations in the banking industry was abundantly clear. As a result of loose-lending, nearly 8 million homes in the U.S were forced into foreclosure and its repercussions were felt in almost every facet of society. In the hopes of preventing another financial meltdown, the …
How the Dodd-Frank Act Regulated the Financial Industry Read More »
The effects of the Coronavirus pandemic have hit every industry, and the Cannabis industry is no exception. However, it is an exception for having difficulty starting operations or getting any government loans or benefits. So far, only private investors have been investing in the Cannabis industry, and the wave of the deadly virus may wipe …
Cannabis Industry Worth $100.03b Despite Government Restrictions Read More »
When you reach adulthood, all these expenses coming up from all directions catch you unaware. They’re never-ending, and you always feel like investing is something fo when things are easier- but they’ll never be! There will always be loans to pay off, rent, bills and insurance to pay for- and those extra things you’re saving …
If you’re going to invest, it better be a sound decision! As a young professional in your twenties, you’re probably already balancing a lot. You’re learning to invest and how it’s like to “adult” and make your mark in the workforce. Amidst everything else, you’re also working hard to invest and gain financial independence and …
Opening a bank account comes with a zero price tag and is usually accompanied by a range of features like a high-interest savings account or free ATM services. But, amidst all these attractive features, have you ever wondered how banks make their money? After all, they are not a charitable organization and are well known …
The stock market as we know it has long been a lively creature- one that excels and then experiences brief periods of downturns, with market trends fluctuating wildly. Normally, during these fickle market trends and periods of loss, buyers look to purchase stocks that they feel will bounce back easily after the market readjusts. For …
Current Market Trends Affecting Investment Trends Read More »
As the coronavirus affected international economies, wreaked havoc and cause panic among people, Wall Street didn’t stand as an exception. When details about the COVID-19 virus emerged, the stock market took a major dive- its worst one since the 2008 financial crisis. Back then, we had a poor job market and a recession to blame, …
Coronavirus Affected The Stock Market Disastrously: The Facts Read More »
In an attempt to save the economy from the downward spiral caused by the novel coronavirus, the Federal government has decided to lower interest rates by half a percentage point which brings the interest rate to a range of 1-1.25 percent. This is done with hopes to spur growth in the economy which in turn …
