Investing News

A loan contingency clause in a contract defines a condition that must be met or an action that must be taken before a sales agreement becomes binding. A home loan contingency clause commonly gives the buyer the right to have the home independently appraised, to have the home professionally inspected, and to obtain a mortgage.

When Aretha Franklin died intestate—without a legal will—in 2018, she joined a surprisingly long list of famous people, including Prince, who also did the same. By not preparing an estate plan, she made the task of settling her affairs more complicated for her survivors. While your estate may not be as large or complex as

The oil and gas industry is one of the largest sectors in the world in terms of dollar value, generating an estimated $5 trillion in global revenue as of 2022. Oil is crucial to the global economic framework, impacting everything from transportation to heating & electricity to industrial production & manufacturing. Investors looking to enter

What Are Financial Advisors? Let’s be honest: Not everyone has the time or desire to become a financial expert. Still, these days, it is increasingly important to be able to manage one’s personal and household finances. Don’t fret, though. If you would rather have an easy plan that you can execute without having to constantly

The first U.S. dollar (USD) is one of the world’s strongest currencies. It is the official currency of the United States as well as several other countries. Although it has a deep-rooted history in the United States, the dollar as we know it today was first printed in 1914. Printing began a year after the

Achieving financial freedom is a goal for many people. It generally means having enough savings, investments, and cash on hand to afford the lifestyle you want for yourself and your family—and a growing nest egg that will allow you to retire or pursue the career you want without being driven by earning a certain amount

When a stock market experiences a crash, it is often the result of any number of economic events spurring investors to overreact out of fear. As the right circumstances and any bad news about the economy have the potential to set off a chain reaction that leads to a crash, these types of financial crises

Many consumers have little understanding of finances, how credit works, and the potential hit to financial well-being that poor financial decisions can create for many, many years. In fact, a lack of financial understanding has been signaled as one of the main reasons many Americans struggle with saving and investing. Every few years, the Financial Industry

Intel Corporation (INTC) was founded in 1968 by Robert Noyce and the father of Moore’s Law, Gordon Moore. Noyce and Moore left Fairchild Semiconductor to launch a new venture, NM Electronics. Several months later, they purchased the rights for the name Integrated Electronics Corporation from a company called Intelco. In 1969, they developed the Intel

You know a health savings account (HSA) helps pay for out-of-pocket medical costs, but it may surprise you to learn that this tax-advantaged account could be a superior retirement savings vehicle, too. It has become ingrained in us that we should max out our 401(k) or other workplace-defined contribution plan as the best way to

The Federal Reserve System is the central bank of the United States. Referred to as the Fed, it is arguably the most influential economic institution in the world. One of the chief responsibilities set out in the Fed’s charter is the management of the total outstanding supply of U.S. dollars and dollar substitutes. That means

On March 11, 2020, the Dow Jones Industrial Average (DJIA) entered a bear market for the first time in 11 years, falling from all-time highs—approaching 30,000 a few weeks prior—to under 19,000 a few days later, amid the economic impacts of the COVID-19 pandemic. The S&P 500 and the Nasdaq followed suit shortly after. Throughout

The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry, following the release of a recent study on the practice. Officials said their findings revealed an exploding industry that not only had few consumer

What Is a Decentralized Autonomous Organization (DAO)? One of the major features of digital currencies is that they are decentralized. This means they are not controlled by a single institution like a government or central bank, but instead are divided among a variety of computers, networks, and nodes. In many cases, virtual currencies make use

The fact is that there are scammers galore out there. They can seem innocent at first, but they’re playing on your emotions from the start. Before long, they’ll try to sucker you into giving up your personal information and money.  They might pose as long-lost relatives or call about pretend problems with your internet connection

Investors worldwide have swarmed on Bitcoin and other cryptocurrencies, lured by the promise of quick riches regardless of the risks. Bitcoin’s success has fueled legions of follow-on projects, imitators, and fans. Thieves, not to be left out, discovered opportunities as well—because where there is a promise of riches, there is an opportunity to steal it.

(Click here to subscribe to the Delivering Alpha newsletter.) According to Deloitte, global ESG assets under professional management could be worth $80 trillion by 2024. But this growth in popularity combined with a global energy crisis has the sector facing increasing polarization. Critics worry that capital dedicated to ESG investments will further one value system at the

Mortgage rates are back on a dramatic ascent, after retreating for just a single day. The 30-year average shot up more than two-tenths of a point Thursday, rising to its fifth 14-year high in just a week and a half. Today’s National Mortgage Rate Averages Rates on 30-year mortgages bolted higher again Thursday, climbing 21

FedEx outlined plans to park planes, suspend some Sunday deliveries, and shut corporate offices after falling demand impacted its first-quarter profits and prompted the company to withdraw its forecast last week.  FedEx also said it plans to raise shipping rates by an average of 6.9% across most of its services starting in January to cope

Yield to maturity (YTM) is an important metric used in bond markets that describes the total rate of return that is expected from a bond once it has made all of its future interest payments and repays the original principal amount. Zero-coupon bonds (z-bonds), however, do not have reoccurring interest payments, which distinguishes YTM calculations