Today is a special day for some famous faces! Singer Bette Midler turns 79, comedian Sarah Silverman hits 57, and actor Nestor Carbonell celebrates his 57th. Vance Joy, the talented musician, is also celebrating his 37th birthday. Happy Birthday to all! When it comes to your life, trust your gut. D
Cryptocurrencies like Bitcoin, Ethereum, and Litecoin are capturing the attention of investors and researchers alike. But what about predicting their market movements? This study dives into a new way to forecast these cryptocurrencies' volatility using something called non-Gaussian GARCH models. The
Imagine you're a farmer. You know that to improve your crops, you need the right tools and resources. That’s where financial development comes in. When banks offer loans, farmers can afford better equipment, like those that help manage energy more efficiently. But, being a farmer also means dealing
Exxon Mobil is betting big on lowering emissions, and analysts at UBS think this could pay off handsomely by the end of the decade. The company is putting $20 billion into various green projects, like carbon capture, biofuels, and hydrogen. UBS sees these initiatives as a key growth driver for the l
Happy birthday, Alison Pill! Today is the day to let go of things that cause you trouble and embrace unity. Unity is key to success and completion, and knowing when to move on is a smart move. Make this your year of prosperity by doing what makes you happy and thinking about what's important to you.
Ever wondered how the price of an option can be predicted using waves? Meet the Ivancevic Option Pricing Model, a different take from the classic Black-Scholes model. This model uses complex equations, called adaptive nonlinear Schrödinger equations, to describe waves influenced by stock prices over
Kohl's shares took a big hit, dropping over 20%, after the company's sales plummeted and its CEO suddenly left. The department store, based in Wisconsin, reported that sales in existing stores fell by nearly 10% for the third quarter in a row. This is a tough blow, especially coming just before the
In a heated courtroom exchange, former New York Mayor Rudy Giuliani, now 80, vented his frustrations, admitting he couldn't pay his bills. This dramatic moment happened during a federal court hearing in Manhattan, where Giuliani was dealing with a massive $150 million judgment for defamation. Two Ge
Kohl’s has a new leader on the way! The company recently announced that Ashley Buchanan, currently the CEO of Michaels Companies, will take over as their CEO in January. Tom Kingsbury, the current CEO, will step down on January 15 but will stay on as an advisor until May. Buchanan has been leading M
Lawmakers in the US are raising concerns about Hong Kong becoming a hub for financial crimes like money laundering. They think this change started happening after Beijing introduced a new law in 2020. Now, Hong Kong might be helping countries like Russia, Iran, and North Korea avoid international ru
