Stocks Enter a Correction on Increased Coronavirus Worries
Markets Today U.S. markets were in free fall today and the selling gathered momentum into the close, as California announced…
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Definition, Purpose, Services, and Example
What Is a Vostro Account? A vostro account is an account a correspondent bank holds on behalf of another bank.…
How Coronavirus Will Impact U.S. Equities
The rapid spread of the coronavirus (COVID-19) has spurred a wave of selling in the equity markets, with the S&P…
Definition, Example, Pros & Cons
What is a Turnkey Solution? A turnkey solution is a type of system built end-to-end for a customer that can…
Accumulated Earnings Tax Definition
What Is an Accumulated Earnings Tax? An accumulated earnings tax is a tax imposed by the federal government on companies…
Get Ready for the Big Bounce
The S&P 500 index and Dow Jones Industrial Average have sold off into deep support levels that should generate high-percentage…
Energy Funds Plunge to 10-Year Lows
Energy funds have dropped to 10-year and all-time lows in reaction to a barrage of short- and long-term headwinds. While…
Fossil Stock in Oversold Territory After Earnings Miss
Fossil Group, Inc. (FOSL) shares moved sharply lower after the company released weak financial results and guidance. Revenue fell 9.6%…
Portfolio Income Definition
Portfolio income is money received from investments, dividends, interest, and capital gains. Royalties received from investment property also are considered…
What Is Musharakah? Meaning and How It Works in Finance
What Is Musharakah? Musharakah is a joint enterprise or partnership structure in Islamic finance in which partners share in the…