The best day for the markets, in terms of the largest single-day point gain for the Dow Jones Industrial Average, was October 13th, 2008.
It happened when the Dow closed up 936 points in response to seemingly positive news about the handling of the ongoing financial crisis. The market would fall much further however before the next uptrend began, on March 9, 2009.
In percentage terms, the biggest gain for the Dow came on March 15, 1933, when the index shot up over 15% (8.26 points) in response to Franklin D. Roosevelt's (FDR) Emergency Banking Act.
The contribution limits of 401(k)s are generally increased year-to-year and published by the IRS
Generally speaking, as long as you or your spouse is earning taxable income, you can contribute money to an IRA
When a company “deleverages,” it means it is attempting to shrink the amount of debt on its books relative to its assets
Ginnie Mae brokers mortgage-backed securities which are backed by the full faith and credit of the US Government
The Glass-Steagall Act was passed in 1933 to place a dividing wall between commercial banking and investment banking
The Law of Demand states that as prices increase, demand will decrease, and vice versa. That is to say, inversely related
The Bond Purchase Agreement is the contract in which the underwriting firm states the price at which they intend to...
Cash flow after taxes (CFAT) is nearly the same thing as EBITDA, but with taxes left in
The Federal Communications Commission is a bipartisan regulatory body that oversees interstate communications media
Mining for cryptocurrency may or may not be profitable for you, but the good news is that you can easily run the numbers