Cash and carry trade is a transaction in which a buyer takes a short position on a futures contract and a long position on the underlying asset, where the current price or spot price of the underlying...
Jordan Belfort is a businessman, investor, and motivational speaker who was once convicted over manipulation of the stock market. He spent 22 months in prison after pleading guilty to fraud and other ...
What is Berkshire Hathaway?Berkshire Hathaway is an American multinational conglomerate, the company owns Acme Bricks, Businesswire, Duracell, GEICO, Dairy Queen, and many others. They ow...
Many years ago, investment icon, Warren Buffet advised Airbnb CEO Brian Chesky to “get rich slow”, over lunch. On Wednesday, the Airbnb CEO ignored the advice and filed for an IPO to speed things ...
Facebook’s new black business funding program To join in the support of black businesses, social media giant, Facebook started a new funding program for black businesses in the United States wit...
Washington has hired the NFL’s first black team president, Jason Wright, 38, a former player. Wright is more than excited to be one of the few former NFL players who have been appointed a position o...
Pinterest has appointed the first Black member of its board of directors after allegations of racism were made against the social media network. On Monday, the company officially appointed Andre...
On Wednesday, Facebook announced that it would be launching initiatives that will help support black-owned businesses. As a result of this initiative, Facebook would be dedicating $40 million from ...
Aaron’s Inc., an omnichannel provider of lease-purchase solutions announced on July 29 that it had ongoing plans to separate into two independent, publicly-traded companies. The separation will incl...
General Motors (GM) shares rallied 3.1% in the morning of Monday trading, putting the automaker on track for closing high in 2 months.Deutsche Bank analyst Emmanuel Rosner included GM on the firm’s ...