BLOCK GRANT
Money awarded, by a government, to state and local officials. Earmarked for a given project or projects, it outlines the guidelines for spending the granted money. State and local government also have their own guidelines and will distribute part of the grant to other organizations in some cases.
POPULAR TERMS
Pacific Exchange - PCX
PCX was one of the four United States exchanges to trade equity options and also the first to implement an electronic trading system. This exchange ...
Cyber Monday
Expression in online retailing which describes the Monday after the Thanksgiving weekend in the United States. It is generally perceived as the beg ...
SEC Form 305B2
SEC Form 305B2 is an initial statement filed with SEC as an application for the designation of a new trustee under the Securities and Exchange comm ...
Silver Standard
Silver standard is is a monetary system wherein the government of a particular country permits the free conversion of the country into silver that ...
Corporate Kleptocracy
Slang phrase for greediness of company executives who use underhanded tactics to skim money of shareholders. The buzzword becomes popular after for ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Retail Sales | 1 quarter | |
| 00:45 | Visitor Arrivals | Apr | |
| 01:01 | Rightmove House Prices | May | |
| 01:50 | Trade Balance | Apr | |
| 05:00 | Credit Card Spending | Apr | |
| 16:30 | Leading Index (Conference Board) | Mar | |
| 17:30 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:05 | FOMC Member Patrick T. Harker Speaks | ||
| 23:30 | FOMC Member Neel Kashkari Speaks |
