The stock market surged when Wall Street realized that the likely prospect for the next few years was a continuation of the Trump Administration’s low taxes on corporations and high earners and little regulation.
There's a growing demand for people to be trained in cybersecurity to help defend against a rising number of cyber threats against people, organizations, and governments worldwide.
ERN Natural Risk Assessment, in conjunction with Risk, Engineering and Development (RED), recently launched a pan-European earthquake risk model on the Nasdaq Risk Modelling for Catastrophes service and plans to implement additional models.
The catalyst for today's move in stocks is the increased likelihood of a peaceful presidential transition in the U.S., and news that President-elect Joe Biden has selected former Federal Reserve chair Janet Yellen as his Treasury Secretary.
The news that the 2020 election likely means continued divided government was met by a meteoric rise in the markets. Many hope that divided government will result in the parties working together to get things done. But that looks extremely unlikely.
Ricardo Salinas Pliego, Mexico’s second-wealthiest man with a combined fortune estimated at $13.2 billion, has revealed to the public that a tenth of his entire portfolio of liquid assets is being held as bitcoin.
One of the favorite structures for professional traders is the risk reversal where out of the money puts are sold to pay for out of the money call options.
A report by Stanford shows that around 42% of the U.S. labor force was working remotely in June 2020. With a second wave of the virus already in full swing, it’s likely we’ll see that numbers hold steady or increase as winter drives on.