Wall Street Closes Higher as Yellen Advocates for More Stimulus

HomeNewsCryptoInvestingMarketsEconomy Wall Street Closes Higher as Yellen Advocates for More Stimulus On Tuesday, Wall Street’s main indexes rose while U.S. Treasury Secretary nominee Janet Yellen advocated before lawmakers for a sizable fiscal relief package to help the economy out of the slump caused by the pandemic. At her confirmation hearing, Yellen said that the costs…

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How The Future of Trucking Stocks in 2021

HomeNewsCryptoInvestingMarketsEconomy The Future of Trucking Stocks in 2021  Compared to the last year of economic pandemonium, 2021 is set to be much better all around, especially after large parts of the population get back into the swing of travel and socializing after months of lockdowns, restrictions, and overall difficulties.  Despite the rising popularity of working…

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How Splitting Stocks Changes Them Fundamentally

HomeNewsCryptoInvestingMarketsEconomy How Splitting Stocks Changes Them Fundamentally Does a stock split change the way stock trades? It’s a common belief that splitting doesn’t change the fundamentals of a stock, and as such, shouldn’t affect valuation. Research proves that this is far from the truth. Here’s how.  Splitting fundamentally changes how stocks trade, which can make…

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U.S. Stock Index Futures Slump; New Coronavirus Strain Overshadows Stimulus Package Deal

HomeNewsCryptoInvestingMarketsEconomy U.S. Stock Index Futures Slump; New Coronavirus Strain Overshadows Stimulus Package Deal On Monday, U.S. stock index futures slumped while the $900 billion stimulus package deal was overshadowed by fears of the new coronavirus strain that has closed much of Britain. As of 6:46 a.m. ET, Dow e-minis 1YMc1 went down to 29,560 (-1.84%),…

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Does CoStar Pose a Threat to Zillow?

HomeNewsCryptoInvestingMarketsEconomy Does CoStar pose a threat to Zillow? Real estate data company CoStar (CSGP) recently announced its agreement to acquire Homesnap, a real estate technology company whose broker and agent-focused tools will place it in more direct competition with Zillow Originally founded in 1987 by Andrew C. Florance in Washington, DC., CoStar Group started out…

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Oil Hits Nine-Month High on Thursday, Boosted by U.S. Inventory Draw

HomeNewsCryptoInvestingMarketsEconomy Oil Hits Nine-Month High on Thursday, Boosted by U.S. Inventory Draw Optimism for the Covid-19 vaccine and a Congress stimulus bill of $908 billion resulted in stock indexes reaching record highs this Thursday.  The dollar declined but oil reached its highest figure in nine months while the U.S.economy awaits a boost. The Philadelphia Fed…

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The Positive Effect of Short Selling on Market Efficiency

HomeNewsCryptoInvestingMarketsEconomy The Positive Effect of Short Selling on Market Efficiency The majority of investors purchase and retain stocks in order to profit off long-term growth, thus giving the name to a “long” position. Once purchases have settled, the stocks owned increase and there is reduced cash in the investor’s account.  The opposite occurs when the…

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