Finance

Gross Domestic Product (GDP) is one of the most widely used indicators of economic performance. GDP measures the total output of a national economy during a given period and is seasonally adjusted to remove quarterly variations based on weather or holidays. The most closely watched measure of GDP is also adjusted for inflation to measure…

What Is the Civil Rights Act of 1964? The Civil Rights Act of 1964 was landmark legislation that addressed the prejudice occurring in society in the U.S. at the time. Through its 11 titles, it banned discrimination and segregation based on race, religion, natural origin, and sex in employment and in all public places, such…

What is substandard insurance? A person who may not qualify for a standard insurance policy may receive a substandard insurance policy from an insurance provider. Substandard insurance policies contain special or restrictive provisions and will have higher premiums due to the higher risk posed by the individual. Since they are considered a higher risk, it…

What is a business inversion? A corporate inversion – also called a tax inversion – is a process by which companies, primarily based in the United States, relocate their operations overseas to reduce their tax liability. Companies that receive a significant portion of their income from foreign sources may use corporate inversion as a strategy,…

Healthcare companies have seen a surge in investor interest over the past year for obvious reasons. With 2021 off to a strong start, it’s clear that healthcare businesses and related assets are likely to remain front and center for the months to come. In this article, we will look at several charts from across the…

With new cars averaging over $47,000 and used cars over $28,000, very few people can just walk into the dealership, write a check and drive away. Most of us will need to save some money first, either for the full purchase price or, if we are financing the vehicle, for a down payment. Here are…

What is a Saturday Night Special? A Saturday Night Special is now obsolete buyout strategy which involved one company attempting to acquire another by going public take-over bid, usually on weekends. The offer was only open for a short interval, usually a few days, forcing shareholders to make a quick decision and leaving management little…

What is a 529 plan? A 529 plan is a tax-efficient savings plan designed to help pay for education. Initially limited to post-secondary education costs, it was expanded to cover K-12 education in 2017 and apprenticeship programs in 2019. The two main types of 529 plans are college savings plans and prepaid tuition plans. Education…

What is Willie Sutton’s rule? The Willie Sutton Rule is based on a statement by notorious American bank robber Willie Sutton, who, when asked why he stole from banks, replied, “Because that’s where the silver”. In other words, his end goal was money, so why waste time looking for it in obscure or questionable places…