The sports betting industry rakes in hundreds of millions of dollars each year, thanks to a loophole in the law against gambling. While there are several different fantasy sports sites out there, two startups have capitalized on the growing number of sports fans looking for a quick and easy way to get involved with fantasy
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Revenue generated from drug production by U.S. pharmaceutical companies both domestically and abroad is growing substantially, in part because of repetitive price increases. Drug companies pricing is relatively unregulated and they can often raise drug prices beyond inflation rates. This allows the drug companies to increase their revenues continually, even if the demand for one
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Investors looking for new stocks to buy have limited options this year, with the U.S. markets on track for their slowest year of initial public offerings since 2009. What’s more, the Renaissance IPO ETF (NYSEARCA:IPO) is down 38% year to date, significantly more than the broader market. But, as anyone investing in recently debuted stocks
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The best silver stocks are top-of-mind currently. That’s because commodity classes, especially metals like silver and gold, are considered safe havens in times of economic turmoil. Investors consider precious metals as stores of value that are more reliable than fiat currencies. This is particularly true when inflation spirals out of control, as is currently the
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The best investors know how to identify winners and fill their portfolios with equities that have the best potential for returns. And at the same time, they know which stocks to avoid. Identifying red flags that make a once-promising name a likely loser is a skill that any investor needs to cultivate. That’s why the
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The lithium craze has reached new heights, with prices for the element skyrocketing more than 400% in the past couple of years. Electric vehicle (EV) sales are on an upswing, and investors have flocked to companies that produce them as their investment of choice. Lithium batteries are critical for the proliferation of EVs, which is
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Austerity, a word that characterizes severity or sternness, is used in economics to refer to austerity measures. These are economic policies implemented by a government to reduce public-sector debt, by significantly curtailing government spending, particularly when a nation is in jeopardy of defaulting on its bonds. Key Takeaways Austerity measures refer to economic policies implemented
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Virtually everyone has suffered a loss at one time or another from either a casualty disturbance of some sort, which can be covered by casualty insurance, or outright theft. Tornadoes, earthquakes, fires, hurricanes, and other natural disasters cost both taxpayers and insurance companies billions of dollars in losses each year. Thefts—particularly car theft and burglaries
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It’s been an extremely difficult few years for the airline industry. Carriers around the world were more directly impacted by the Covid-19 pandemic than just about any other economic sector. The International Air Transport Association estimates that the worldwide pandemic cost airlines more than $200 billion in financial losses since 2020. Airline stocks have been
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Mortgages are typically made up of four parts: principal, interest, taxes, and insurance. Together, these comprise so-called PITI and make up your total monthly mortgage payment. Since taxes and insurance are typically paid annually or semiannually, they are usually held in escrow by the lender or another company servicing the loan. You pay into your
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