DefinitionCollateral value is a financial term used to refer to the fair market value an asset has when securing a loan. The collateral value of assets is simply determined by comparing the recent sal...
The economy of the United Kingdom has hit a record shrinkage of 20.4% in the second quarter between April and June. This major shrink came at a point when the coronavirus pandemic was strongest.&nb...
Following the support for the National Black Business Month which is in August, Facebook has offered its support by launching an initiative that will both support and create awareness for black ent...
Following the soaring of its stock, the Tesla board has announced a five for one stock split. Tesla which is currently one of the most highly valued car company has seen its shares rise at a tremen...
The recent executive order from President Donald Trump has come with a lot of mixed feelings, the order revealed an extra $400 weekly unemployment benefit to help cushion the effect of the current ...
Since the start of the coronavirus pandemic, many Black-owned businesses were at risk of getting completely wiped out. Nearly half of black businesses were already out of business by April, when the c...
U.S. President Donald Trump announced on Tuesday that the U.S government has reached an agreement with Moderna (MRNA) to receive 100 million doses of experimental COVID-19 vaccine, which is already in...
There has been a surge with Airline shares on Monday as data revealed a high volume of air travels compared to the last few months. For a second consecutive week, the number of people going throug...
Shares of MGM resort international (MGM) soared 25% to $23.79 on Monday after IAC Inter/Active Corp (IAC) bought a 12% stake worth $1 billion in the company. Barry Diller, the IAC chairman describes t...
Kodak shares plummeted almost 28% on Monday following an announcement made by a federal agency to suspend the $765 million loan that was supposed to be given to the former film company to produce COVI...