AMERICAN RULE
It is a rule in economics and law that states attorney fees should be shouldered by each party that is involved in a case or in litigation even though the party actually wins the case. There is an exception to this rule that can occur therein the court will award the winning party an amount of compensation to cover these fees against the losing party that acted in bad faith.
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Shadow Banking System
The Shadow Banking System is the financial intermediaries that are present in the facilitation of the creating credit across the global financial s ...
Beneficiary Clause
A beneficiary clause is a provision in a life insurance policy or other investment vehicle such as an annuity or IRA that permits the policy owner ...
ASC X12
They develop the electronic data interchange or EDI for national and global markets. It was organized by the American National Standards Institute ...
To Be Announced - TBA
Forward mortgage-backed securities, which is passed through securities issued by Fannie Mae, Freddie Mac, and Ginnie Mae in the TBA market. ...
Regulation Y
A Federal Reserve regulation which regulates corporate bank holding company practices as well as particular practices of state-member banks. Practi ...
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Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Featured Investment: Annuity
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Investments are what trading is all about. And knowing about the various a ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Jul | |
| 08:30 | Producer & Import Prices | Aug | |
| 11:01 | New Yuan Loans | Aug | |
| 14:30 | Consumer Price Index | Aug | |
| 14:30 | Consumer Price Index Core | Aug | |
| 14:30 | Common Core CPI | Aug | |
| 14:30 | Trimmed Core CPI | Aug | |
| 14:30 | Median Core CPI | Aug | |
| 14:30 | Manufacturing Shipments | Jul |


