FactsThe Great Depression started in September 1929 and it lasted till the 1930s. It was also the worst economic decline of the 20th century.The effect of the wake of the 1929 economic decline resulte...
As the stock markets continue to plunge, the net worth of top global billionaires continues to decrease. Together, the top 10 global billionaires have lost a total of $83 billion within the past week ...
In the early hours of Monday, oil prices plunged after Saudi Arabia declared a price war against Russia, a former ally; thereby, causing a historic collapse. Following the collapse, the US oil prices ...
Time Period: December 2007 - June 2009Duration: 18 monthsGlobal GDP: -5.1%Global Unemployment Rate: 10%Similar Instance: The 1930s Great DepressionThe Great Recession was an economic decline era which...
Whether you are a stay at home mother, a student or an unemployed person, there are various ways you can earn and build your financial stability from home. With the rising growth of technology, more a...
As the coronavirus outbreak continues to spread further, the World Bank has pledged $12 billion worth of emergency aid to prevent further spread in developing countries. The emergency aid includes gra...
In past times, Gold was used as a benchmark to determine the value of commodities. With the rise of other tradable commodities and securities, the attention of investors has partially moved away from ...
After the US Congress resolved to use an emergency spending bill to help fight the coronavirus in the US on Wednesday, stocks surged. The Dow Jones Industrial Average gained over 1,150 points, the S&a...
Since the outbreak of the coronavirus and its spread to many countries, the World Health Organization (WHO) has declared the outbreak a global health emergency. As a result of this, both the US market...
This is a means of spreading your investment around other available portfolios to avoid the effect of price volatility on your investment. Diversification in the stock market is used to redu...