KENNETH I. CHENAULT
He is the Chairman and Chief Executive Officer American Express, a global services, payments, and travel company. He is the third African-American CEO of a Fortune 500 firm. He joined the company in 1981 as Director of Strategic Planning and held several key managerial positions in the company. He became the Chief Operating Officer in 1997, and Chair and CEO in 2001. His notable contribution to the company was he helped in boosting the company’s market share by expanding its customer base.
Before working for the company, he first worked in Rogers & Wells as an associate and in Bain & Company as a consultant.
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Secondary Mortgage Market
Secondary Mortgage Market is a market wherein mortgage aggregators, securitizers, originators, and investors go to buy and sell mortgage loans and ...
Giffen Good
Good for which demand rises as the price escalates, and declines when the price decreases. It has an upward-sloping demand curve, contrary to the f ...
Inactivity Fee
Fee charged to investors by brokerages for infrequent trading in their brokerage accounts to meet the minimum trading requirement
CVE
Currency abbreviation for the Cape Verde escudo, the official currency of the Republic of Cape Verde. The CVE subunit is called the centavo. Instea ...
Product Recall Insurance
An insurance that covers the costs involved in recalling possibly defective products made by the insured.
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SEE FOREX TUTORIAL
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An Introduction to Ethical Investing
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Buying a Home: Finding the Best House
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 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 |
