In an unexpected move that caught the financial world by surprise, Switzerland’s central bank has reduced its key interest rate, marking the first such action by...
Category: Finance
Kenya Pays Off Half of Its Debt to Kenya Airways
The Government Clears Over 50% of the Guaranteed Loan The Kenyan government has paid US$47 million (R901 million) towards Kenya Airways’ debt during the fourth quarter...
Thriving in the Gig Economy: Trends and Tips for Success in the US
The gig economy is a term that describes the growing trend of independent workers who offer their services on a short-term or project-based basis, often through...
A New ETF That Uses Zero-Day Options to Boost Income
ProShares, a leading provider of exchange-traded funds (ETFs), announced the launch of a new ETF that uses the short-dated options commonly referred to as “zero days...
Term Life vs. Whole Life Insurance: Which is Better for Me?
Navigating the complex world of life insurance can be daunting, but understanding the differences between term life and whole life insurance is crucial for making an...
Navigating the Waters of Private Mortgage Insurance
Understanding the intricacies of Private Mortgage Insurance (PMI) can be a daunting task for many homeowners. PMI is often required when a borrower cannot afford a...
America’s Best Insurance Companies 2023: How They Fared in a Turbulent Year
The insurance industry has faced unprecedented challenges in the past year, as the pandemic, natural disasters, inflation and supply chain disruptions have impacted both insurers and...
US Stock Market Ends Mixed in Holiday-Thin Trading
The US stock market closed mixed on Friday, November 24, 2023, after a half-day session following the Thanksgiving holiday. The Dow Jones Industrial Average edged higher,...
US Stock Market Data: A Mixed Picture for October
The US stock market data for October showed a mixed picture of the performance of the major indices and sectors. While some sectors such as technology...
Stock market activity today: What you need to know
The stock market witnessed a volatile session today as investors weighed the impact of rising bond yields, inflation concerns, and corporate earnings. The benchmark indices ended...