Business News

An American household earning an annual income of $78,635 spent about $20,000 on consumer goods in 2018, according to the U.S. Bureau of Labor Statistics in the most recently available data published on Sept. 10, 2019. In this article, we’ll review what consumer goods are, listing the different types of products and services American consumers spend their money on. Key …

Identifying stocks that are overbought or oversold can be an important part of establishing buy and sell points for stocks, exchange-traded funds, options, forex, or commodities. An oversold market is one that has fallen sharply and is expected to bounce higher. On the other hand, an overbought market has risen sharply and is possibly ripe for a decline. Though overbought …

World Wrestling Entertainment, Inc. (WWE) shares fell 8% during Wednesday’s session after Chair and CEO Vince McMahon sold shares and Loop Capital downgraded the stock. CEO McMahon disclosed a variable prepaid forward contract covering 3.5 million shares of Class B common stock, which represents about 4.5% of the total outstanding shares and 15% of his holdings. The move is designed …

Restaurant chains all over the world have closed their doors in recent weeks, serving only drive-through or delivery customers. Unfortunately, the pandemic has also increased fears that restaurant workers or delivery drivers could pass on the virus through food or packaging, even though the CDC says there’s little evidence. Despite this insistence, many folks who have lived on these greasy …

What Is Cross Holding? Cross holding is a situation in which a publicly-traded corporation owns stock in another publicly-traded company. So, technically, listed corporations own securities issued by other listed corporations. Cross holding can lead to double-counting, whereby the equity of each company is counted twice when determining value, which can result in estimating the wrong value of the two …

Dow component Chevron Corporation (CVX) rose nearly 23% in Tuesday’s session after announcing that there were no plans to cut the whopping 9.52% dividenddespite a historic crash in the crude oil market. The stock had dropped 55% in two and a half months to its lowest low since 2005 before the news, caught in a sector bear market that is …

Even before coronavirus-driven selling started to roil lofty global share markets in late February, natural gas prices were making fresh multi-year lows amid a weak macro backdrop. Preexisting demand concerns have only intensified in recent weeks as exports of the commodity continue to fall on the back of declining industrial use as the world shuts down to limit the spread …

The role of the technology sector is becoming increasingly evident as many workers across the globe shift to digital tools to complete their work. Given the panic selling that has dominated the financial markets in recent weeks, many active traders are wondering how much further sectors such as technology could fall before they are able to find support and even …

A trust fund is a legal entity established to hold property or other assets for another person or organization. It is typically regarded as an estate planning tool that sets specific terms on how the assets are to be held and then distributed in the future. Trusts provide legal protection from creditors, tax benefits, and protection. A trust fund is …