In 2018, the Federal Reserve listed 23 financial institutions and banks that were owned by African-Americans. Many of these banks were created several years ago in an attempt to present African-Americ...
“I think the [tech] bubble has stopped inflating, but now it’s a question of when it starts deflating. They Key consideration is where do people go if not into tech—and there’s no obvious cand...
The year 2020 has been a rough year for many companies, from retail restaurants to entertainment industries and other kinds of businesses, the economic impact of the coronavirus pandemic on businesses...
Age39 (October 10, 1980)NationalityUnited States of AmericaEducationSt. Vincent-St. Mary High School (SVSM) in Akron; Western Michigan, University of AkronProfessionBusinessman, LeBron Jam...
EBIT / Interest (sometimes known as the Interest Coverage ratio) is one of the key financial ratios used in assessing the creditworthiness of a corporation both by rating agencies and in debt-financed...
The rate of interest is the amount charged on any debt by the creditor to the borrower. An interest rate is expressed in percentage points (%) or in basis points (bps) and is usually charged on an ann...
A rating is an assessment of credit-worthiness assigned to a bond, corporation or country. The idea behind a rating is that it gives investors an idea of how likely an entity is to repay its debts.The...
A repo agreement is a contract between two parties, which says that one party will buy assets from the other, and the other will then repurchase them at a given point in time for slightly mo...
Yesterday, the Senate Majority Leader Mitch McConnell (R-Ky.) announced the long-awaited upper chamber's coronavirus stimulus package Health, Economic Assistance, Liability Protection, and Schools, or...
In 2018, 30-year-old Jade Colin, a native of New Orleans became the first black woman to ever own a McDonald Franchise. She was reported to have started as an employee with McDonald, shuffling bot...