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
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
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
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
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
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
Nasdaq Inc. (SO) is a global technology company that provides data, analytics, software and services to the capital markets industry. The company is best known as the operator of the Nasdaq Stock Market, the largest single liquidity venue for trading U.S.-listed cash stocks. At the end of 2020, a total
What is a contractual clause? A contractual provision is a stipulation in a Contract, legal document or law. A contractual provision often requires action on a specific date or within a specific time frame. Contract provisions are intended to protect the interests of one or both parties in a contract.
What is the Uniform Prenuptial and Marital Agreements Act? Passed by 26 states, Uniform Prenuptial and Matrimonial Agreements Act—drafted by the National Conference of Commissioners on Uniform State Laws in 1983—helped to make contracts signed by two parties who were getting married consistent. The law allows the parties to a