Investing News

A Brief History of the UK pound (GBP) vs. the US dollar (USD) Before WWII, the British pound was the primary medium of foreign exchange, The British pound (aka Sterling) has been nominally stronger than the USD for most of the past few decades, making a high just over 2.0000 USD per GBP around the

Bitcoin vs. Ethereum: An Overview  Ether (ETH), the cryptocurrency of the Ethereum network, is the second most popular digital token after bitcoin (BTC). As the second-largest cryptocurrency by market capitalization (market cap), comparisons between Ether and bitcoin are only natural. Ether and bitcoin are similar in many ways: Each is a digital currency traded via

The acquisition of Scottrade, was completed by brokerage firm TD Ameritrade on Sept. 18, 2017. Scottrade was an online brokerage firm that served more than 3 million accounts in the U.S. and had consolidated assets of approximately $24.4 billion. Founded in 1980 by Rodger O. Riney, the firm had about 500 branch offices throughout the

The Internal Revenue Service (IRS) is warning taxpayers about a significant rise in so-called ‘smishing’ attacks consisting of IRS-themed texting scams designed to steal personal and financial information. Smishing attacks target mobile phone users by delivering scam text messages offering fake COVID relief, tax credits, or other benefits. The IRS does not send emails or

Fidelity and Robinhood are fundamentally different in that Fidelity is an established, full service brokerage firm and Robinhood is a newer player that has received a lot of publicity, both good and bad. Fidelity was founded in 1946 and has evolved into a significant force in the online brokerage space. Robinhood was founded in 2013

What NFT Collections Are Trending? The non-fungible token (NFT) marketplaces continue to be a hive of activity despite continued bearish prices in the cryptocurrency sector. This week’s sales volume was boosted by an appetite for new collections, with PlayDapp & Mikey, Critters Cult, and Exosama leading the way. Key Takeaways In the past week, Critters

Cryptocurrencies have come a long way from their relatively obscure origins. While the mainstream financial world once disdained digital currencies as tools for criminals and speculators, the industry has made significant progress in establishing itself as a legitimate and (potentially) world-changing space. Bitcoin (BTC) and Ethereum (ETH) have seen massive growth in price and users, but there

Lauren Taylor Wolfe, center, Roy Swan, left, and Shundrawn Thomas at CNBC’s Delivering Alpha, Sept. 8, 2022. Scott Mlyn | CNBC ESG and sustainable investing generally have come under fire recently, with critics pointing to a lack of transparency and differing definitions sparking confusion around what investors are actually buying. Adding to the confusion is

The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have levied more than $1.8 billion in penalties on various Wall Street firms for record-keeping failures. The SEC action targets 16 firms, with 11 of them having agreed to pay a combined $1.1 billion. The CFTC action covers 11 institutions,

When choosing an online broker, day traders place a premium on speed, reliability, and low cost. Features designed to appeal to long-term, infrequent traders are unnecessary for day traders, who generally start a trading day with no positions in their portfolios, make numerous transactions, and end the day having closed all of those trades. Our top

Dan Ivascyn, PIMCO, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC The U.S. is likely headed toward a recession but there’s a chance for the downturn to be comparatively mild due to strong underlying fundamentals, according to Pimco bond expert Dan Ivascyn. In remarks echoed by other speakers Wednesday at CNBC’s Delivering

With so many different types of online brokers available to investors, it can be tough to choose one that works best for you. That’s why we put these U.S.-based online brokers through a comprehensive review process that included hands-on research to determine the best in the industry. We publish unbiased product reviews; our opinions are

The end is not yet in sight for mortgage rates’ dramatic September ascent. For a fourth consecutive day, the 30-year average has risen by two-tenths to a quarter percentage point, raising the flagship average an astonishing 1.27 percentage points in just over two weeks and pushing it into the mid-7% range. Today’s National Mortgage Rate

Harley-Davidson (HOG) spun off its electric motorcycle division, LiveWire, in an SPAC deal creating the first publicly-traded electric motorcycle company in the U.S. New shares of LiveWire (LVWR) were up 1.5% in their U.S. market debut following the unit’s $1.77 billion merger with a blank check company, but are falling steeply today. LiveWire has one EV bike model priced at

Whenever you buy something in the U.S., odds are it’s going to cost more than the listed price. This is likely the result of the sales tax levied against the cost of your purchase. Sales tax is one of the ways governments collect tax revenue from their citizens. The sales tax rate varies by the

In modern history, there have been several instances of currency crises. These are a sudden and drastic devaluation in a nation’s currency matched by volatile markets and a lack of faith in the nation’s economy. A currency crisis is sometimes predictable, yet they are often sudden. It may be precipitated by governments, investors, central banks,

One investment niche that is often overlooked by investors is property tax liens. The increasing volatility of the stock market, combined with still historically low-interest rates, has many investors seeking this type of alternative avenue in order to provide a decent rate of return. In some cases, this unique opportunity can provide knowledgeable investors with

The Invesco QQQ ETF is an exchange-traded fund (ETF) that tracks the Nasdaq 100 Index. Because it passively follows the index, the QQQ share price goes up and down along with the tech-heavy Nasdaq 100. Passive management keeps fees low, and investors are rewarded with the full gains of the volatile index if it rises.

Inflation is a measure of the rate of rising prices of goods and services in an economy. If inflation is occurring, leading to higher prices for basic necessities such as food, it can have a negative impact on society. Key Takeaways Inflation is a measure of the rate of rising prices of goods and services

According to a 2020 report from Jobvite, a provider of HR tools and recruiting software, 72% of recruiters are active on LinkedIn, and 67% of recruiters say that LinkedIn provides the highest quality candidates. If you are looking for a job, merely using LinkedIn’s free basic membership could put you ahead of the competition. On