Month: January 2021

What Is Risk Management Framework (RMF)? All companies face risk; without risk, rewards are less likely. The flip side of this is that too much risk can lead to business failure. Risk management allows a balance to be struck between taking risks and reducing them. Effective risk management can add value to any organization. In particular,
0 Comments
Take a look at some of the biggest movers in the premarket: JPMorgan Chase (JPM) – The bank reported fourth-quarter earnings and revenue that topped Wall Street forecasts. Strong trading and investment banking results were among the factors helping the company’s bottom line. PNC Financial (PNC) – PNC reported better-than-expected revenue and earnings for the
0 Comments
Jared Kushner and Ivanka Trump may be saying goodbye to Washington, D.C., next week, but they are landing in an enclave nearly as exclusive. In December, the couple closed on a $32.2 million lot on Indian Creek, a luxury island community in Miami-Dade County, Florida. The village’s population was last tallied at 86 people—several of
0 Comments
President-elect Joe Biden’s proposed $1.9 trillion coronavirus relief bill would relieve the financial stress on local governments.Bloomberg News Direct federal aid of $350 billion to state and local governments is just one of several ways President-elect Joe Biden’s proposed $1.9 trillion coronavirus relief bill would relieve the financial stress on local governments. Biden’s plan to
0 Comments
In 2019, General Motors Company (NYSE: GM) was the fifth-largest automaker in the world, behind Volkswagen AG (OTC: VWAGY), Toyota Motor Corp. (NYSE: TM), and Renault-Nissan-Mitsubishi. GM famously held the top spot in global auto sales for 77 consecutive years from 1931 to 2007. Following the 2007-2008 financial crisis, however, GM filed for bankruptcy protection. The company re-emerged following a
0 Comments
Eurozone nations’ escalating restrictions to tackle the coronavirus pandemic have significantly slowed economic activity, fuelling fears that the bloc faces a double-dip recession, according to widely watched and timely alternative data indicators. Travel to retail and hospitality venues and workplaces, as well as consumer confidence and spending, have all taken a hit in the first
0 Comments
Families spent $26,226, on average, to pay for college during the 2018-19 school year, according to a 2019 survey by Sallie Mae and market research company Ipsos. More than half of that amount (55%) came from financial aid. From this data, two things are immediately clear—first, college is expensive, and second, paying for it generally
0 Comments
Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
0 Comments
When it comes to interior design, 2021 isn’t too different from 2020. Collov Home Design on Unsplash Unlike Chip and Joanna Gaines, the pandemic has been the biggest influence on interior design that no one asked for. At the beginning 2020, designers were touting two-tone kitchens and bold colors as the next big trends. Little
0 Comments
Thousands of National Guard troops were flooding into Washington on Saturday as the capital was fortified for the inauguration of Joe Biden, amid fears of a repeat of the violence that killed five people on Capitol Hill on January 6. The Pentagon has approved the deployment of 25,000 National Guard troops for the inauguration, while
0 Comments
Like so many industries, the financial advisor industry faced significant challenges in 2020. From virtual relationship management to working from home, advisors were forced to rethink the way they ran their practices and handled their client meetings.  Despite these challenges, industry sentiment remains positive and growth continues to be a key theme. To find out
0 Comments
Armin Laschet, prime minister of the German state of North Rhine-Westphalia, has been elected leader of the Christian Democratic Union, putting him in pole position to succeed Angela Merkel as chancellor of Europe’s most powerful country.  Mr Laschet beat Friedrich Merz, a corporate lawyer, by 521 votes to 466 in a poll held in the
0 Comments
Municipals were quiet and remained steady on Friday as U.S. Treasuries dipped slightly following President-elect Joe Biden’s address Thursday night that outlined plans for a $1.9 trillion relief package and the market prepared for a three-day weekend. In his speech, Biden called for a new round of stimulus checks and pandemic control measures. “Everyone was
0 Comments
Working for a hedge fund is one of the most appealing career paths for budding finance types. Hedge funds are much less regulated than other investment vehicles, like mutual funds; in fact, their style and inner workings tend to be a bit opaque. While they may be used to leverage or reduce risk, hedge funds
0 Comments
“Just a few inches of water from a flood can cause tens of thousands of dollars in damage,” according to the National Flood Insurance Program. This fact sums up why mortgage lenders sometimes require borrowers to buy flood insurance. However, real estate agents and mortgage lenders often don’t tell customers about flood insurance requirements until
0 Comments