FINANCE

Jan 07 2025FINANCE

Goodbye, Medical Debt on Credit Reports!

Ever thought about how unfair it is that medical bills can ruin your chances of getting a mortgage or a car loan? The Biden administration has just made a big change to fix that. They've banned unpaid medical bills from showing up on your credit report. This is huge! It means around 15 million Ameri

reading time less than a minute
Jan 07 2025FINANCE

China Dongxiang: Claim Your Dividends and Meet the New Director

China Dongxiang (Group) Co (HK:3818) has some news for its shareholders. The company is planning to take back unclaimed dividends that date back to 2013. If you're a shareholder, you have until January 14, 2025, to claim what’s yours. In other developments, the company has added a new face to its le

reading time less than a minute
Jan 07 2025FINANCE

Bitcoin Adventure: From $50 to Almost Double

Imagine jumping into the Bitcoin world with just $50 in 2022. That's what happened here! Let's see how that investment fared over the next three years. First, a quick backstory. PayPal decided to allow Bitcoin transactions. So, on a cold January morning in 2022, our investor decided to give it a sh

reading time less than a minute
Jan 07 2025FINANCE

Crypto Markets Kick Off 2025 with a Bang, Bitcoin Soars

As the new year begins, cryptocurrencies like Bitcoin are making a comeback. Bitcoin's price has jumped to $96, 711. 71, a 2% increase from the previous day. This means Bitcoin has gained about 3% since the start of the year. The CoinDesk 20 index, which tracks the broader crypto market, also saw a

reading time less than a minute
Jan 07 2025FINANCE

How ESG Rating Conflicts Affect Bank Loans in China

In China, companies are increasingly concerned with their Environmental, Social, and Governance (ESG) ratings. But when different agencies have conflicting ratings, it can become a barrier for these companies to get loans from banks. From 2014 to 2022, researchers studied Chinese listed firms to see

reading time less than a minute
Jan 06 2025FINANCE

Will BRICS Markets Be Equally Affected by Trump's Policies?

Political leaders often influence stock markets, as seen with the recent US presidential election. The victory of Republican Donald Trump has caused uncertainty, making investors wonder how BRICS (Brazil, Russia, India, China, and South Africa) stock markets will be impacted. A study used two method

reading time less than a minute
Jan 06 2025FINANCE

2025: Investors Eye Earnings and Jobs

The new year has kicked off, and investors are eager to see how things shape up. With Donald Trump becoming the 47th U. S. President, the financial scene is expected to shift. Both stock and crypto markets might feel the impact. First, let's talk about the markets. The New York Stock Exchange and N

reading time less than a minute
Jan 06 2025FINANCE

Volatility Links: Crypto and Traditional Markets

Ever wondered how cryptocurrencies like Bitcoin and Ethereum relate to gold, oil, and stock prices? This study examined five major cryptocurrencies and their connection to these traditional markets. A special method called 'cross-quantilogram' and 'quantile connectedness' was used to see how these m

reading time less than a minute
Jan 06 2025FINANCE

Risk in the Crypto World: How Much Buffer Do We Need?

Ever since digital currencies like Bitcoin and Ethereum started gaining traction with investors, a big question has been on everyone's mind: how risky are these investments? To answer that, we took a close look at two key metrics: Value-at-Risk (VaR) and Expected Shortfall (ES). These measures help

reading time less than a minute
Jan 05 2025FINANCE

Tax Deadlines Extended for Disaster Areas

The Internal Revenue Service (IRS) has given some taxpayers a little more time to file their returns. If you live in one of 14 states hit by severe weather or natural disasters, you might be eligible for an extension. This includes folks in Louisiana, Vermont, Puerto Rico, and the Virgin Islands, as

reading time less than a minute