The housing market is facing a stark reality check, with sales of existing homes plummeting to a 29-year low. The National Association of REALTORS reports that 2024 witnessed the slowest pace of ...

The move maintains the Federal benchmark funds rate within 4.25% – 4.50% and marks the initial pause after multiple cuts in ...

Twin Peaks – an American chain of sports bars and restaurants goes live on Nasdaq in what is the first restaurant debut of ...

The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points. As a result, the ...

Alibaba Group Holding Ltd (NYSE: BABA) is inching up this morning as investors continue to hail its launch of a new AI model ...

Highlights:,The FIX Protocol Working Group is pivotal in creating standards for high-frequency trading (HFT).,It ensures seamless communication and data exchange in fast-paced financial markets.,The ...

Highlights,The $500 rule exempts small margin deficiencies from triggering liquidation.,It allows firms to avoid unnecessary account liquidations for minor margin calls.,The rule aims to provide more ...

Highlights:,Directly influences economic activity through government spending and taxation.,Aims to smooth out economic fluctuations, ensuring growth and stability.,Uses fiscal measures to respond to ...

Highlights:,A fiscal year is a 12-month accounting period used to determine a company's financial performance.,The fiscal year does not have to align with the calendar year, offering flexibility in ...

Highlights:,The Fisher Effect connects nominal interest rates to real returns and inflation expectations.,Nominal interest rates in different countries should account for differing inflation ...

Highlights,A first mortgage gives priority to the primary lender over others in case of default.,It is the initial loan taken out on a property, often for purchasing a home.,In case of foreclosure, ...

Highlights:,First preferred stock has priority over other stock classes for dividends and asset claims.,It offers investors higher security in the event of liquidation or bankruptcy.,This type of ...