Share
The multi-trillion dollar bond space is home to many different bond types. At the forefront of this is corporate bonds and government bonds, as well as bonds issued by state and city authorities. With that said, each bond type comes with its own pros and cons. For example, some bonds are highly liquid, meaning you…
Share
Eight of the biggest banks in the US said they were suspending share buybacks in a bid to pump more cash into the US economy, beset by coronavirus. The banks – Bank of America, Citigroup, Bank of New York Mellon, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Wells Fargo, and State Street – announced their multibillion-dollar…
Share
America’s three largest airlines are in crisis talks with the US government for aid as travel demand sinks due to the coronavirus outbreak. United, American Airlines Group, and Delta Air Lines confirmed talks on Friday. The virus outbreak has caused United Airlines Holdings to book $1.5bn less revenue in the first half of March than…
Share
Identity theft is an invisible crime, but one that causes severe financial losses for millions of Americans every year. Many of them become victims of loan or lease frauds, which is the third most-common type of identity theft in the US. According to data gathered by LearnBonds, last year saw substantial growth in the number…
Share
The most famous woman in British fintech bustles into a City meeting room on the sixth floor of the bank she built. At five foot, Anne Boden (pictured), chief executive of Starling Bank, is a fizzing ball of kinetic energy, all smiles and hellos, an atom the moment before it splits. Boden, 60, will need…
Share
Slack (NASDAQ: WORK) saw its stock price sink to the lowest level since its initial public offering (IPO) after its fourth-quarter sales missed analysts expectations, despite the messaging sharing firm seeing rising demand for remote working due to coronavirus outbreak. Shares plunged more than 20% in after market trading on Thursday. The Slack stock lost…
Share
BP (NYSE: BP) stock price plunged to a 24-year low after suffering massive losses in the past month, as slowing demand and massive oil supplies have sent oil prices tail spinning to around $30 a barrel. BP is among Europe’s largest oil producers, and experts say continental groups could suffer lasting damage as a result…
Share
Bitcoin lost half of its value over the last two days, with the digital currency swept up in the coronavirus selloff, leaving claims that it is a safe haven store of value in tatters. The price of the world’s largest cryptocurrency was down by almost 50% late last night, falling to lows of $3,850 per…
Share
If you are thinking of investing in bonds, you might have come across terms such as flight-to-quality. For good reason, bonds are considered a sort of seatbelt for your diversified portfolio. By virtue of their low risk levels and income generation, they are considered a must-have for every investor. When you research the options available…
Share
A government bond is a low-risk investment where you loan your money to the government. It is regarded as fixed income security because you earn a fixed amount of interest regularly for the duration of the bond. The government issues these bonds to raise funds to support projects or day-to-day operations. Since the government backs…
