Elon Musk can finally smile. The world’s richest man has just had a very turbulent week, marked by a strong repudiation of his peace plan to end the Russia-Ukraine war, which has been going on since February 24, when Moscow invaded Kyiv. The CEO of Tesla (TSLA) proposed to the Ukrainians to recognize as Russian…
Due to the S&L Crisis of the 1980s, The Federal Deposit Insurance Corporation (FDIC) now insures S&L deposits. tinabelle from GettyImages for iStockphoto; Canva ContentsWhat Was the Savings & Loan Crisis?What Caused the Savings & Loan Crisis?How Were S&Ls Affected by Inflation in the 1980s?The Savings & Loan Crisis Explained How Were S&Ls Connected to…
DKosig for iStockphoto; Canva ContentsWhat Caused the Financial Crisis of 2007–2008? How Did it Start?How Did Banks Contribute to the Financial Crisis? What Happened When the Housing Bubble Burst? How Did Fannie Mae and Freddie Mac Contribute to the Financial Crisis? Contagion Effect Leading to Global Financial CrisisHow Was the Financial Crisis of 2007–2008 Resolved?…
At the height of the crisis, nearly 10% of U.S. homes were in foreclosure. FangXiaNuo for iStockphoto; Canva ContentsThe Subprime Mortgage Crisis ExplainedHow Do Subprime Loans Differ from Other Types of Mortgages? How Safe Were Subprime Loans? Understanding Adjustable-Rate Mortgage Terms What Happened When Subprime Mortgages Defaulted?What Were the Global Implications of the Subprime Mortgage…
The New York Stock Exchange is located on Wall Street in New York City. wdstock from Getty Images Signature; Canva ContentsWhat Is the New York Stock Exchange in Simple Terms?Is the NYSE a Stock Exchange or a Stock Index?What Does the New York Stock Exchange Do? Who Works There? How Does It Make Money?What Are…
Tech giants don’t bring good news for investors. While the markets are looking for reassuring news on the health of the economy, Silicon Valley is only delivering very bad news. In recent weeks, red signals have been sent by Alphabet (GOOGL) , Microsoft (MSFT) and Meta Platforms (META) . Last month, Alphabet CEO Sundar Pichai…
Here are five things you must know for Tuesday, October 4: 1. — Stock Futures Higher as October Relief Rally Enters Day 2U.S. equity futures were firmly higher on Tuesday after posting a broad-based rally on Monday that snapped a sharp losing streak that saw the Dow Jones Industrial Average and the S&P 500 rack…
Biotech investors have no shortage of troubles at the moment. They may soon need to add a soaring U.S. dollar to the list. Twist Bioscience (TWST) , 10x Genomics (TXG) , and others that serve as the engine for the biotech and synthetic biology sectors generate only about half to two-thirds of their revenue from…
Elon Musk is not a Chief Executive Officer like the others. Tesla’s (TSLA) boss is atypical. He refuses to obey the rules often imposed on executives of public companies. The billionaire did not hesitate to relaunch the showdown with the U.S Security and Exchange Commission (SEC) despite a 2018 settlement with the regulator. In September…
The third quarter was a record time for Tesla (TSLA) , the powerhouse that dominates the electric vehicle market. The company, whose activities are closely watched because they are an important indicator of the health of the auto sector, announced on Oct. 2 new vehicle delivery and production figures higher than the previous quarter. Tesla…
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