CD duration Last week’s best national rate Best national rate of the week To change 6 months 3.01% APY 3.01% APY No change 1 year 3.00% APY 3.05% APY +0.05 2 years 3.50% APY 3.50% APY No change 3 years 3.55% APY 3.55% APY No change 5 years 3.65% ABS 3.75% APY +0.10 For the…
What is a Traded Average Price Option (TAPO)? A Traded Average Price Option (TAPO) is an option contract in which the investor’s profit or loss is based on the difference between the strike price and the average price, not just the strike price. underlying asset at expiration. First offered in 1987 by Banker’s Trust in…
Latest Diamond Pendent Designs A diamond pendant in Unique design is definitely a must have if you like diamond pendants with chains. The exquisite range of diamond jewellery designs is available with different jewelers. There are so many online diamonds selling website that sells beautiful diamond pendant and sets. But while buying a diamond you…
The financial sector is made up of businesses that provide services such as loans, savings, insurance, payment services, and personal and business money management. Financial sector stocks include a wide range of companies involved in retail and commercial banking, accounting, insurance, asset management, credit cards and brokerage. Well-known companies in the industry include Wells Fargo…
What is the MSCI BRIC Index? The MSCI BRIC Index measures the market performance of the emerging market indices of Brazil, Russia, India and China. The MSCI BRIC Index is one of MSCI’s regional equity indices and is a free float-adjusted market index capitalization-weighted index of four of the greatest emerging market savings.. Key points…
According to a investigation by the National Federation of Independent Business (NFIB). Thirty-seven percent of small business owners said inflation was their biggest problem running their businesses, up three points from June and the highest level since the fourth quarter of 1979. Overall, the NFIB’s Small Business Optimism Index rose to 89.9, marking the sixth…
A credit score is a three-digit number that helps financial institutions assess your credit history and estimate the risk of extending credit or lending you money. Credit scores are based on information collected by the three main credit bureaus, Equifax, Experian and TransUnion. The most common credit score is the FICO scorenamed after the company…
What is the line of best fit? The line of best fit refers to a line through a scatter plot of data points that best expresses the relationship between those points. Statisticians generally use the method of least squares (sometimes known as ordinary least squares or OLS) to arrive at the geometric equation of the…
What is a Master List? A primary listing is the main exchange where shares of a public company are traded. For some companies, it is crucial to have a prestigious primary listing on the New York Stock Exchange (NYSE) or Nasdaq, because it lends credibility to the stock and makes investors more likely to buy…