Investing News

There are distinct benefits to grandparents paying for early education for their grandchildren. Most nanas and pop-pops have probably heard about the benefits of funding a 529 account. This type of account helps pay off those formidable education costs by allowing their issue’s issue to draw from it tax-free to pay for tuition, books, and

Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters It’s late August, so the market is supposed to be on vacation like so many of us. However, considering that since the pandemic started, no one really keeps track of what month it is – how

In this article FISV Oscar Wong | Moment | Getty Images Company: Fiserv Inc. (FISV) Business: Fiserv provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel

The COVID-19 pandemic has affected millions of Americans financially. In a survey by the National Endowment for Financial Education (NEFE), three in 10 Americans said paying off debt is their top financial stressor, while 55% were worried about having enough cash tucked away in savings. Though the federal government has introduced numerous measures to provide

In this article ASTR [The livestream is slated to begin at 4 p.m. EDT. Please refresh the page if you do not see the video player above.] Rocket builder Astra Space is going for its first launch since the company went public, with the company also aiming to reach orbit for the first time. Astra is launching

Investors watch an electric screen displaying stock price figures at a stock exchange hall on February 18, 2021 in Shanghai, China. VCG | Visual China Group | Getty Images Beijing is eyeing new rules that would restrict domestic internet companies to go public in the U.S., the Wall Street Journal reported on Friday. Chinese regulators

Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining. Some of the major players in the gold industry include Canada-based Franco Nevada Corp. (FNV), Newmont Corp. (NEM), and Australia-based Newcrest Mining Ltd. (NCM).

Thomas Montag Source: Bank of America Two trusted deputies of Bank of America CEO Brian Moynihan will depart at the end of the year, setting up a succession race among the company’s top managers. Tom Montag, 64, who is chief operating officer and leads the global banking and markets division, as well as Anne Finucane,

A rendering of the Series2 cargo lunar lander on the moon’s surface. ispace Japanese lunar exploration start-up ispace unveiled the next-generation of its cargo lander, under development by its U.S. subsidiary in Colorado. “We saw the growing demand for payloads to the lunar surface. NASA’s Artemis program was a big part of this, but we’re

The industrial sector includes companies that produce machinery, equipment, and supplies that are used in construction and manufacturing, as well as those that provide related services. These companies are closely tied to the economy, and their business volume often falls sharply during recessions, though each industrial subsector often performs differently. Well-known companies include Lockheed Martin

The 16th Electron launch in November 2020, when the company recovered the rocket after splashdown for the first time. Rocket Lab Rocket Lab begin trading on the Nasdaq on Wednesday, becoming the latest space company to close a SPAC merger and go public — and adding substantially to its cash pile in the process. “We’re

Bitcoin’s biggest investors appear to be upping their positions as the price recovers. Cryptocurrency accounts holding roughly $50 million or more worth of bitcoin have steadily increased their buying since the end of June, according to new data from blockchain firm Chainalysis. That bullishness continued into late August as prices rebounded above $50,000. “The bitcoin

The profitability of insurance companies depends on the number of premiums they write, the return on their investments, business costs, and how much they have to pay out in claims. As of Q2 2021, life insurance companies had a net profit margin (NPM) of 4.1% for the trailing 12 months (TTM). Property and casualty insurance

American flags in front of Goldman Sachs Group Inc. headquarters in New York, on Friday, March 5, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs said that only vaccinated people can enter its buildings starting next month. The leading global investment bank said that the new policy starts Sept. 7 and applies to

Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp has more than doubled its valuation since its previous round just five months ago amid torrid revenue growth and strong demand for fintech investments. Ramp is raising $300 million in a Series C round at a $3.9 billion valuation,

The COVID hangover is real. Apple Inc. (AAPL) recently decided to delay staff’s return to the office until at least January 2022, pushing back its original target of October. But with surging cases, Delta and Lambda variants running rampant, and the CDC’s reversal of mask guidelines, Apple wants to play it safe. For now, Apple

In this article NGCA BA The modified 737 aircraft “Cosmic Girl” lifts off from Mojave Air and Space Port in California carrying a LauncherOne rocket on June 30, 2021. Virgin Orbit Virgin Orbit, the satellite-launching spinoff off of Sir Richard Branson’s Virgin Galactic, is preparing to go public, announcing Monday that it will merge with a SPAC

Mutual funds are considered relatively safe investments. However, mutual funds are considered a bad investment when investors consider certain negative factors to be important, such as high expense ratios charged by the fund, various hidden front-end and back-end load charges, lack of control over investment decisions, and diluted returns. High Annual Expense Ratios Mutual funds

The New York Stock Exchange (NYSE) stands in lower Manhattan on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images When junior bankers at Goldman Sachs complained about what they called “inhumane” working conditions in an

Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images As earnings season draws to a finale, investors’ eyes are focused on how the second half of 2021 will look. Be it a contagious new Covid-19 variant causing lockdowns,