Investing

When a publicly-traded company issues a corporate action, it is doing something that will affect its stock price. If you’re a shareholder or considering buying shares of a company, you need to understand how an action will affect the company’s stock. A corporate action can also tell you a great deal about a company’s financial

Leon Black has quit his leadership positions at Apollo Global Management, ceding power at the investment firm he co-founded 30 years ago after an outcry over his ties to the late paedophile Jeffrey Epstein. Jay Clayton, the former US Securities and Exchange Commission chair, will become non-executive chair, a role that Apollo had previously indicated

When the EU runs into difficulties, policymakers and pundits in the 27-nation bloc turn to Jean Monnet. So it is proving in the pandemic. Like some tablet from Mount Sinai, the French economist’s observation that “Europe will be forged in crises, and will be the sum of the solutions adopted for those crises” is held

In forex markets, currency trading is conducted frequently among the U.S. dollar, the Japanese yen, the euro, the British pound, and the Canadian dollar. A pip, an acronym for “percentage in point” or “price interest point,” is a tool of measurement related to the smallest price movement made by any exchange rate. Currencies are usually

On Thursday evening, Austrian chancellor Sebastian Kurz flew to Berlin to celebrate a European vaccine triumph, as he presented the Axel Springer Award (previous recipients include Mark Zuckerberg and Elon Musk) to the founders of the German company BioNTech.  It was a notable contrast to the role Kurz had cast for himself just days before:

Miami Beach was put under a curfew and a state of emergency after police fired pepper balls to disperse crowds of revellers who defied coronavirus safety guidelines at the weekend. Outdoor restaurant seating was suspended and roads were closed in parts of the city, one of the most popular tourist attractions in the US for

For decades, psychologists and sociologists have pushed back against the theories of mainstream finance and economics, arguing that human beings are not rational utility-maximizing actors and that markets are not efficient in the real world. The field of behavioral economics arose in the late 1970s to address these issues, accumulating a wide swath of cases

International bondholders owed tens of millions of dollars by a Beijing-backed semiconductor group are seeking to freeze its overseas assets, as corporate debt problems complicate President Xi Jinping’s attempts to unshackle China from foreign-made chips. Tsinghua Unigroup, a national chip champion backed by China’s most prestigious engineering school, in November defaulted on a domestically issued

Slovakia’s prime minister Igor Matovic said on Sunday that he was prepared to stand down to defuse a coalition crisis that erupted after his decision to purchase Russia’s Sputnik V coronavirus vaccine. Matovic announced earlier this month that Slovakia would purchase 2m doses of the Russian vaccine, using an emergency approvals process as the shot

Chartered Market Technician (CMT) is a designation for technical analysts awarded by the CMT Association. Those who earn a CMT demonstrate mastery of investment risk in portfolio management, including quantitative approaches to market research and rules-based trading system design and testing. In the article below, we will review the steps to earning a CMT designation.

Once every generation or so, America’s social contract changes. After half a century in which capital has been in the driving seat, Joe Biden has a chance to tilt the advantage back to labour. Such an opportunity would have been unthinkable a year ago. The US left can thank the pandemic for this change in

Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Given the current financial environment, which strategy can investors use to pinpoint compelling opportunities? Despite inflation concerns, there are still stocks poised to outperform. One way to find them is by following the recommendations of

Traders are preparing for a jolt of volatility in the Turkish lira after president Recep Tayyip Erdogan sacked the country’s central bank chief, who was regarded as a key force in pulling the lira from historic lows last year. The removal of Naci Agbal, announced in the early hours of Saturday, shocked many local and

When was the last time you heard good news about pensions? Instead, you’ve probably seen alarming headlines such as these: Are you worried about your pension or a parent’s pension? This article describes the laws that should keep your promised benefits safe, some limitations of those laws, and what you can do to protect yourself.

Mike Li, a factory owner in China’s Guangdong province, has been transfixed by events thousands of miles away in Washington, as President Joe Biden hammered out an economy stimulus bill worth almost $2tn. “We were previously a bit worried about the pandemic abroad and how it would affect our orders,” said Li, whose plant turns

Disruption is the goal of many technology start-ups. But, in the education sector, a number of tech ventures are building businesses based on helping — rather than competing with — schools and universities. These online education platforms — such as Coursera, 2U, Udacity and FutureLearn — originally started out with utopian visions of free learning

Most experts suggest you conduct a regular personal financial checkup on an annual basis or after a major life event (such as marriage or divorce). It’s important to follow a system when reviewing your finances to make sure you don’t leave anything out or miss something critical to your financial well-being. Here are the main

As US and Chinese officials landed in Anchorage this week, the temperature was well below freezing. But when they sat across the table at the Captain Hook hotel, another brutal chill hit the room. Speaking with the media present, US secretary of state Antony Blinken said he and Jake Sullivan, national security adviser, would express

The US Securities and Exchange Commission has directed two of America’s biggest oil companies to hold shareholder votes on far-reaching new emissions targets, as the regulator adopts a tougher approach to climate under the Biden administration. The SEC denied requests from both ConocoPhillips and Occidental Petroleum to throw out shareholder motions that would force them to

What Is the Difference Between Marginal Utility and Marginal Value? Depending on the context, marginal utility and marginal value can describe the same thing. The key word for each is “marginal;” that is, the incremental change based on the per-unit shift in a good or service. This may sound complicated, but it really is not.

Turkey’s president has fired the governor of the central bank just three months into his term and replaced him with an academic who has lobbied for lower interest rates in a shock move that is likely to heap more pressure on the lira. Recep Tayyip Erdogan’s dismissal on Saturday of Naci Agbal, came just two

Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 5, 2020 at Wall Street in New York City. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images) Photo by Johannes Eisele | AFP | Getty Images It took the SPAC market just three months to

You can enable subtitles (captions) in the video player Welcome to the gardens of New College Oxford, which I’ve had the responsibility to run for nearly 40 years. In the lockdowns gardens have been our great consolation, joy, and now opportunity. For here we are, the third week in March. The days are lengthening. The

Does it make sense to fund a nondeductible individual retirement account (IRA)? Many people who are not eligible to fully fund a deductible IRA or Roth IRA often overlook this easy opportunity to sock away additional dollars for retirement where they can grow tax-free. And unlike a 401(k) or other salary deferral plan, you can

Turkey has pulled out of a landmark international convention aimed at preventing violence against women in a move rights groups say will put them at greater risk in a country that suffers high rates of domestic abuse and femicide. President Recep Tayyip Erdogan issued a decree early on Saturday dissolving Turkey’s obligations under the Council

Norm Betts | Bloomberg | Getty Images Visa shares dropped sharply in midday trading Friday after a report said the Justice Department has opened an investigation into its debit card business and possible anticompetitive practices. The department’s antitrust division has started to collect information on whether Visa, the largest card network in the United States,

Five years ago, Rosa Carpio’s youngest daughter was shot in the face by gang members in El Salvador when she failed to make the weekly payment they demanded. After the girl recovered from six months in a coma, Carpio decided to send her daughters, now 16 and 18, to the US with her parents. Carpio

You’ve spent your career building your advisory practice from the ground up. You have a book full of loyal, regular clients and the business is still growing. You’re starting to think about retiring from the business and either selling it or passing it on to a family member. There’s only one problem: You are inextricably

Webull CEO Anthony Denier told CNBC on Friday that the brokerage app is seeing a rise in activity since the latest round of stimulus checks have been sent to Americans. “We have seen an uptick in deposits for sure,” Denier said in an interview on “Closing Bell.” “There’s definitely a pretty substantial increase in the

Wall Street wavered on Friday as bank stocks fell and technology shares rebounded from sharp losses the day before. The blue-chip S&P 500 index fell 0.1 per cent, reversing course after breaking into positive territory in afternoon trading. The Nasdaq Composite advanced 0.8 per cent, having tumbled 3 per cent on Thursday, when the yield