As the business world continues to grow by the year, more women, especially Blacks women. Based on statistics from 2018-19, 30% of the total U.S. businesses are owned by women of which 14% of the perc...
Although becoming a member of the billionaires club is not an easy feat in the United State, achieving this is more difficult for blacks than the whites. In the Forbes 2020 list of billionaires in the...
The history of "Black Wall Street" dated as far back as almost a century ago. This history presents a clearer picture of the deep-seated segregation against blacks in the United States. Black Wal...
The back-end ratio, also known as the debt-to-income ratio, is a ratio that indicates what portion of a person's monthly income goes toward paying debts. Total monthly debt includes expenses, suc...
Owing to the outbreak of the coronavirus pandemic in the United States, AMC Entertainment Industry has been on lockdown. However, the report revealed yesterday that the company is planning to reopen s...
CDO stands for Collateralized Debt Obligation and it involves the pooling of debt to reduce risk and raise returns. CDOs have been widely blamed for the 2008 financial crisis, but most ...
A Eurobond has two different meanings:An international bond that is denominated in a currency other than that of the country in which it was issued:These can be traded on the global marketsNamed after...
Leveraged Finance (also known as LevFin and LF) is an area within the investment banking division of a bank that is responsible for providing advice and loans to private equity firms and cor...
The money market is the market in which wholesale funding is bought and sold. The assets traded in the money market are extremely liquid and have very short maturities. Typically, the money market is ...
A mortgage-backed security or MBS is an asset that is secured by a group of mortgages. This process is made possible through securitization. Mortgage-backed securities are split in...