The first written insurance policy dates back nearly 4,000 years. Here is how insurance came into being and how it evolved from there.
Archive - August 19, 2023
Here’s a look at some of the positive and negative aspects of national lotteries.
When calculating GDP using the income approach, all expenditures in an economy should equal the total income from the production of goods and services. Learn...
Learn about the elements of the capital asset pricing model, and discover how to calculate a company’s cost of equity financing with this formula.
Read these insightful tips on how to get a picture-perfect summer rental home at a great price. Don’t spoil your fun by leasing the wrong type of...
Some businesses are slowing capital expenditures and pulling back on taking out credit as a result of the Federal Reserve’s cycle of rate hikes—showing...
It seems that over the past few weeks, the internet has lost its mind about a mysterious new substance called LK-99. And if this substance is legitimate, it...
Traders rejoice when the Fed drops the rate, but is it good news for all? Find out here.
This past Monday, Tesla, Inc. (TSLA) cut its prices on its Model Y SUVs in China once again. The company announced that, effective immediately, the long-range...
This rate is rarely questioned—unless the economy falls into disarray.
No matter where you stand on the political spectrum, the looming trials of former President Donald Trump are historic and unprecedented. The indictments alone...
If Li Auto (NASDAQ:LI) stock suffers from geography. If it were an American car company, it would be worth $150 billion. Imagine. Sales tripled year-on-year in...
In analysis from July 2022, Michael Gapen, the chief United States economist at Bank of America (NYSE:BAC), stated that he is expecting a mild recession this...
Today’s CDs allow you to lock in a record rate—up to 5.75%—for months or years down the road when savings account rates inevitably drop. Is now a good...
Find out how price inelasticity of demand shows the relationship between demand and price when the price of an inelastic good is either lowered or raised.