Have you ever heard the term "stock split" and wondered what it meant? A stock split is a corporate action that divides existing shares into multiple shares to increase the number of outstanding shares of a company. It's a simple concept, but the implications for investors and the company can be significant.
by Sha'Kreshia TerrellCredit unions and traditional banks offer different products and services. Though the two types of institutions have similarities, it's important to understand their differences. This is a brief overview of the main features of credit unions as opposed to traditional banks.
by Sha'Kreshia TerrellThe annual percentage rate (APR) and annual percentage yield (APY) are two different ways to look at the same interest rate. When looking at interest rates from a lending institution or comparing one, you want to compare apples to apples. Although each rating type has its benefits, we will show you the difference in this article.
by Sha'Kreshia TerrellThere are so many money phrases like, “money doesn't grow on trees.” If you are unfamiliar with money phrases, here are some common ones to learn about.
by Sha'Kreshia TerrellLiving paycheck to paycheck is a problem that the majority of Americans face. However, it is very much possible to break the cycle. Here's how.
by Shaun MorganBuy Nothing Day is an international day of anti-shopping and anti-consumerism. What exactly does that mean, and should you participate? Read this CapWay article to find out!
by Shaun MorganCryptocurrency has become increasingly popular over the years. It has experienced many technological advances and had many ups and downs. During its peak, many people were investing in Bitcoin, Ethereum, and other altcoins. Although cryptocurrency had an initial purpose, the current market does not reflect its intentions, which is why some believe its real value was never $3 trillion.
by Matin VarshochiGas stations don't make their money from gasoline and they don't set the prices. Since gas stations are usually run by franchisees, they do not make any money because the oil companies charge a high price, and subsequently, so do they if they want to remain profitable.
by Shaun MorganSince the beginning of the COVID-19 pandemic, working from home became an option many companies implemented for part-time and full-time employees. However, working long hours began to affect employees’ mental health, which began the workplace trend of “quiet quitting.”
by Matin VarshochiThe Coronavirus pandemic caused financial uncertainty for individuals and businesses. Some companies laid off employees to cut costs and maintain revenue.
by Matin VarshochiFor a second straight quarter, the gross domestic product (GDP) of the United States fell, the typical definition of a recession. Due to the rising fears of a recession, companies have reduced their job openings, and there is a possibility some people will be getting laid off in the near future.
by Matin Varshochi