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There never seems to be a shortage of people who want to work on Wall Street. Due to above-average compensation, the financial industry has no trouble attracting talented professionals who want to become analysts, traders or managers. As in any industry, there are no set rules for getting your foot in the door. That said, there are a few proven …

Charities survive primarily on donations, with the holiday season (and year-end tax deadline for charitable donation deductions) making December the busiest time for charitable giving. Charities need to get creative to stay afloat the other 11 months of the year. There are five main ways charities make money and maximize their dollars: enlisting volunteers, hosting fundraising galas, selling products, sponsoring …

Apple Inc. (AAPL) is reportedly developing a paid podcast subscription service, or at least seriously considering launching one. While Apple has a popular Podcasts app and offers a podcast distribution service on its Mac and iOS platforms, it hasn’t tried to monetize these features so far. Moreover, since Apple’s iPod and the iTunes Store have played such a big role …

What is a dead cat bounce? A dead cat bounce is a temporary, short-lived rally in asset prices after a prolonged decline or a bear market followed by the continuation of the downtrend. Frequently, downtrends are interrupted by brief periods of recovery, or small bounces, during which prices temporarily rise. The name “dead cat bounce” is based on the idea …

What is bulk payment? Mass payment is a method of simultaneously paying multiple recipients online. Instead of entering each recipient’s payment information separately, users can upload a spreadsheet with all relevant data or use a bulk payment system Application programming interface. Bulk payments can be set up as one-time transactions or, if the payment amount is always the same, as …

What is a non-competition agreement? A non-competition agreement is a legal agreement or a clause in a contract specifying that an employee must not compete with an employer after the end of the employment period. These agreements also prohibit the employee from revealing proprietary information or secrets to other parties during or after employment. Many contracts specify a certain length …

What is Fugit? Fugit, from Latin time passes, is the time that an investor estimates that it remains until it is no longer advantageous to exercise a option sooner or the likelihood that an American-style option will be exercised before it expires. The concept of fugit was named and created by economist Mark Garman, a Berkeley professor who studied the …

What is a Blockchain Operating System? A blockchain operating system uses blockchain as a supporting system that runs in the background of a computer system or platform. For example, your Android mobile or Windows PC requires a local installation of the respective operating system (OS) on the smartphone’s memory or on the PC’s hard drive, and all transactions and commands …

MBA vs Master in Finance or Economics: an overview For many people looking to advance their careers in business, earning a master’s degree in business administration (MBA) degree might seem like an obvious way forward. But if you work in the world of finance or economics, earning a specialized degree might be a better alternative. Both MBA and non-MBA programs …