In 2005, Chrysler sold 649,293 cars spread across seven models. Historically, it has been one of the most recognizable names in the US auto industry, one-third of the […]
Running on Empty: The Financial Strain on Home Insurers
The first weeks of the new year saw several fast-moving wildfires sweep through 63 square miles of the Los Angeles area, destroying over 14,000 structures, including homes, businesses, […]
Why Do I Believe Bonds and Interest Rates Move Oppositely?
Bond prices move in the opposite direction of interest rates. To illustrate this, consider a simple bond issued by a company, municipality, or the U.S. government. Suppose it’s […]
Mixed up about the purpose of IMF and World Bank?
If you’re confused by the difference between the International Monetary Fund (IMF) and the World Bank, you’re not the only one. Famed economist John Maynard Keynes, a founding […]
Understanding Mortgage-Backed Securities
Historically, when someone needed a loan to buy a house, they would approach a bank for the funds. For example, if a borrower needed $1 million for a […]
Basics of Black-Scholes Model in Finance
We’re now gonna talk about probably the most famous formula in all of finance, and that’s the Black-Scholes Formula. Sometimes it’s called the Black-Scholes-Merton Formula, and it’s named […]
Mel Robbins Becomes 3rd Richest Podcaster
As of 2025, Mel Robbins has a net worth of $58 million. Robbins recently signed a multi-year podcast deal with SiriusXM earning her an annual salary of $16 […]
Unchecked Expansion of Debt Insurance and Credit Default Swaps
Let’s say that I’m a pension fund, and I have money to lend to other people. And I want to lend it to other people because that way […]
Should Retirees Trust Small Banks and Money Lenders?
During retirement years, in pursuit of higher returns, retirees often park their money in small financial institutions, such as cooperative banks, cooperative societies, private money lenders, or other […]
Fox News Signs 5-year Salary Deal with Will Cain
Will Cain’s net worth is $22 million USD. Cain earns a salary of $6 million annually from Fox News. His show on Fox debuted impressively, attracting 3.8 million […]