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Title insurance provider First American Financial Corporation announced recently that it had fixed a security vulnerability on its website. Due to the issue, records of 885 million mortgage deals were left exposed. A huge security issue now handled The security vulnerability on the company’s website exposed data from millions of mortgage accounts. Some of these…
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Greater Bay Area could be the key to reviving the struggling P2P lending market in China, according to DBS Bank. The industry has been surviving under severe pressure amid crackdown from the government. P2P lending will grow The Singaporean bank estimates that P2P lending will experience a 17% annual growth rate by 2030. This growth…
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The global stock markets started forming a bearish trend amid renewed threats of a trade war and the prospects for the economic downtrend. The stock markets in China and the United States experienced worst daily losses this week after a top U.S. trade official vindicated Donald Trump’s announcement that tariffs on Chinese goods are coming…
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Following two days of losses, stock markets rose sharply at the end of the week amid stronger than expected jobs addition. The U.S. added almost 263,000 new jobs in April compared to expectations of 180,000 while the unemployment rate plunged to the lowest since December 1969. Investors applauded jobs addition as the average growth in…
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Peer-to-peer lending or P2P lending is turning out to be one of the best ways of making profits; this type of lending offer much better returns to savers who have been looking for ways to earn a better return on savings compared to bonds and stocks that usually come up with huge volatility. The intervention…
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Lululemon Athletica (NASDAQ:LULU) is one of the best stock on NASDAQ amid its gigantic share price gains in the past year. Despite the late 2018 selloff, LULU shares jumped more than 90% in the past twelve months, extending the three-year rally to 150%. Sharp revenue and earnings growth have been enhancing investor’s confidence in one…
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The prospects for the Extension of bull-run are strong: The U.S. stock markets have been booming since hitting December lows. This year is turning to be the best year in more than two decades for stocks. The major contributor for one of the best bull-run in years is prompted by accommodative Federal Reserve and strong…
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With more technology comes more ways for novice investors to enter the trading arena, whether it’s stocks, bonds, mutual funds, or foreign currencies. However, for those who don’t do their homework and take the time to learn as much as they can, investing can quickly turn into gambling. Unfortunately, few of us were taught as…
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This article was originally published as Market Commentary on CharlesSchwab.com The yield curve has appeared in quite a few news headlines recently. Why is this technical-sounding tidbit of financial jargon suddenly getting so much attention? The short answer is that the yield curve has a reputation for predicting recessions, and some market watchers are worried…
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At this point, everyone knows about Ethereum. It’s been “prophesized” by some to overtake Bitcoin as the #1 cryptocurrency in what’s called “The Flippening.” In its short, about 2.5-year history, Ethereum has taken the world by storm, becoming the #2 cryptocurrency by total market capitalization (as of March 23, 2018). At its peak on January…
