What Is Zoning? Zoning refers to municipal (ie, local or city governmental) ordinances or laws that dictate permitted or prohibited use of real property in certain geographic areas. For instance, zoning laws might prohibit industrial or commercial uses in residential areas to prevent oil firms, manufacturers or other sorts of commercial enterprises from building in…
What Is the EAFE Index? The EAFE Index, or Europe, Australasia and Far East Index, is a stock index published by the Morgan Stanley Capital International (MSCI). The index tracks equity markets outside of the US and Canada. The EAFE Index is a performance benchmark for the major international equity markets and comprises companies in…
Stock investors who are still riding high after the surge in US shares that has tripled in value from financial crisis lows are in for market tremors over the months ahead that they haven’t felt for years. As much as 20 per cent of that market could be erased over the next couple of months…
Emergency workers rushed to help casualties in the aftermath of a stabbing Two children have been killed and nine injured, six critically, in a “ferocious” knife attack at a children’s dance workshop. Two adults are also in a critical condition after being stabbed as they tried to protect children at the Taylor Swift-themed event on…
What Is the Rural Electrification Act? The Rural Electrification Act—part of President Franklin D Roosevelt’s sweeping package of programs (a ‘New Deal’) enacted between 1933 and ’39 to relieve the hardship imposed by the Great Depression—assured federal funding for bringing electricity to Americans in isolated rural communities. Congress passed the enabling legislation on 20 May…
What Is an At-the-Close Order? An at-the-close order is an order executed at the close of the trading day or as near to it as the broker and/or exchange can fill it. An order marked at-the-close is where the broker and/or exchange is directed to take action to have the order filled only at that…
Rising risks of trade war along with the resulting degrees of increased levels of financial volatility have investors on the lookout for areas of the market where they can increase their capital protection. It might not be immediately evident, but one of the market segments that is worthy of closer inspection is US financials. With…
Under a push from the U.S. and others to trade more with friends and less with rivals, the world would be poorer, the International Monetary Fund reported. In a report published on Wednesday, the IMF researchers noted that these trends towards ‘friendshoring’, which could lead to geopolitical fragmentation of global production networks, would result in…
Key Takeaways The Federal Reserve is poised to issue its most recent rate policy on Wednesday, but the major central bank is not expected to move rates lower this time. Big Tech earnings take centre stage in the coming week with apple, Meta, Amazon, and Microsoft all reporting. Investors also will get updates from McDonald’s,…