As much as investing is crucial to our economy, so are the rules which regulate it. History shows that when regulation was misguided or lacking, massive financial and economic crises have happened. The most notable of these crises are the Great Depression and Great Recession. Regulation ultimately prevents misconduct which promotes the excessive risk of […]
Even though many people use banks every day, they do not understand the big picture of how banks work. Many people see banks as a place to save money, get loans, or open checking and savings accounts. However, they fail to realize how banks are also businesses, and the goal of most businesses is to […]
The US-China trade war is a tale of two countries: the rising superpower pitted against the incumbent. As its name suggests, a trade war is a war in which several countries impose tariffs, or taxes on imports, to damage each other’s trade. While the key members are the US and China, the situation has impacted […]
If you are following the 2020 presidential election news, you’ve probably heard of Elizabeth Warren and her stance on student debt. Considered a front-runner in the Democratic presidential primaries, Warren has openly voiced her opinions on corruption and transparency in politics and business. Recently, though, Warren’s stance on student debt has become more and more […]