CONSUMER FINANCIAL PROTECTION BUREAU - CFPB
Regulatory agency responsible for supervising financial products and services offered to consumers. The bureau is divided into several units including consumer complaints, community affairs, research, the Office of Fair Lending, and the Office of Financial Opportunity. In essence, the Consumer Financial Protection Bureau aims to protect and educate consumer on several financial products and services.
POPULAR TERMS
Risk-Weighted Assets
In terms of the minimum amount of capital that is required within banks and other institutions, based on a percentage of the assets, weighted by ri ...
Pigovian Tax
A special tax that is imposed on companies that pollute the environment, which is called negative externalities. Sin tax is a Pigovian tax, which i ...
Moving Average Convergence Divergence - MACD
A trend-following indicator that exhibits the relationship between two smoothed moving averages of prices. To compute, subtract the 26-day exponent ...
Golden Life Jacket
Compensation package offered by the acquiring firm to top executives of the company being acquired. The same with stay bonus, it aims to retain tho ...
Bank Insurance Fund - BIF
Unit of the FDIC providing protections to the insurance for the banks that are not classified as a savings and loan association.
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SEE FOREX TUTORIAL
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
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 ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
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 ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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08:00 | Prelim Machine Tool Orders | Mar | |
10:00 | New Yuan Loans | Mar | |
11:00 | Retail Sales | Feb | |
13:00 | MPC Member Andy Haldane Speaks | ||
15:00 | MPC Member Silvana Tenreyro Speaks | ||
16:30 | Overview of business prospects, according to the Bank of Canada | 1 quarter | |
16:30 | Bank of Canada Interest Rate Decision | 1 quarter | |
19:00 | FOMC Member Eric Rosengren Speaks | ||
19:01 | 10-y Bond Auction | Apr |