It’s an easy question to answer, but what’s the point of an IPO if you can’t sell it?For the time being, at least, the answer is that it’s a bad idea.But there are reasons why you might want to avoid an IPO in the first place.First, an IPO is a risky proposition.As we all know, […]
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The Federal Reserve has been trying to solve the problems of the banking system for a very long time.The problem has been that the Fed’s role in the economy has been defined by its lack of control over what’s going on in the financial markets.The Fed can create money out of thin air, and its […]
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The annual cost of the car in Charlotte was $12,764 in 2016.In New York, it was $18,828.In Philadelphia, it’s $19,722.The annual car costs in each city averaged $12.25.Charlotte is the top city in North Carolina for car costs, and it was the top-cost city in the U.S. in 2016, according to data compiled by the […]
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Progressive Finance is one of the top names in the equipment finance market, so when it comes to its latest gear finance deals, the company seems to have a knack for making them.The company, which has raised $1.5 billion from investors, has been a big player in the hardware and equipment finance arena over the […]
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Yahoo Finance has raised $1 billion to invest in its growth and diversification efforts, the company announced Wednesday.The investment in Yahoo’s technology businesses comes on the heels of Yahoo launching a new investment arm, called Yahoo Ventures, and an expansion of the company’s core technology businesses.Yahoo Finance also announced plans to expand its investment arm […]
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GERMANY’S real estate market is one of the most expensive in Europe, according to an analysis of a survey of all the properties in the country by the International Realty Institute.The median price for a house in Germany rose 6.3 percent in the year ended September 30, while the median price in France climbed 6.7 […]
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The Wall Street Journal has reported that Goldman Sachs has named its new CEO, according to people familiar with the matter.The announcement came just hours after the news outlet reported that the firm’s board had approved a hiring plan for the new CEO.The move would mark the first time that the company has hired a […]
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Personal finance is one of those areas where you can’t necessarily blame the individual.A few years ago, I wrote an article about the best and worst companies to use personal finance to save for retirement.But, in my experience, most people use personal banking because they’re too lazy to make it work on their own.You’re a […]
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Amazon’s gift card program, which offers free shipping and low prices to its customers, has been used by some to purchase bitcoin.However, a lot of people who use the program to buy bitcoins are buying them with a gift card.We’ve talked about gift cards before, and we’ll do it again, but for now, let’s talk […]
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The Federal Reserve, the country’s largest lender and guarantor of mortgages, is a major beneficiary of low interest rates.But its own record on the issue of low rates is far from perfect. As part of a broader investigation into the bank, the Wall Street Journal found that the Federal Reserve has been accused of overstepping its bounds […]
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