Finance

U.S. stocks found their footing last week, finishing up a July to remember. The Dow popped nearly 3% while the S&P added 4.3% last week and the Nasdaq Composite rose 4.7% for the month. For the month, the S&P 500 rallied 9.1% while the Nasdaq popped in a 12.3% gain, recording one of the strongest…

Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products. In a Thursday announcement, the CME Group said that subject to regulatory review, it plans to launch options contracts for its Ether futures, sized at 50 ETH per contract. The futures options, expected to start trading on Sept. 12,…

What are aggregate revenues? Overall profits refer to a method of reporting corporate profits is based entirely on operating, trading and capital investment activities carried out during the previous period. Excluded from the overall profit figure are profits or losses associated with the sale or termination of discontinued operations, fixed assets or related businesses, or…

Bitcoin (BTC) briefly broke above $25,000 on Aug. 15, but the excitement lasted less than an hour and was followed by a 5% retrace in the next five hours. The resistance level proved to be tougher than expected but may have given bulls false hope for the upcoming $335 million weekly options expiry. Investors’ fleeting…

What is the advertising-to-sales ratio? The advertising-to-sales ratio, also known as the “A to S”, is a measure of the effectiveness of a company’s advertising campaign. It can be used to measure the effectiveness of a specific product launch or a broader policy, rebrand or new direction in business. Key points to remember The advertising…

The percentage of Americans who have a life insurance policy is falling, according to new research from JD Power. Its study of 2020 life insurance new businesses in the United States found that the decline is largely driven by consumers under 45, many of whom view life insurance as unnecessary, too expensive or too complicated….

In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has tapped BDO Italia to conduct regular reviews and attestations of its dollar reserves. Tether, which operates the USDT stablecoin, officially began working with BDO Italia in July, the company disclosed on Thursday. BDO Italia will be…

Entry-level hedge fund jobs are among the highest paying in finance, with entry-level analysts earning six figures in some cases. For those looking to break into the industry, hedge fund firms hire more than just analysts in entry-level positions. This article discusses functional roles in hedge funds and entry-level alternative positions. Broad job categories at…

In light of the recent ban on crypto mixing tool Tornado Cash and the subsequent arrest of the Tornado Cash developer, there has been a growing debate over whether crypto services providers would choose decentralization or censorship as form of compliance. The question has become more prominent as Ethereum is moving from its current proof-of-work…