Archive for the ‘Financial News’ Category

Advantages of Hosting A Major Event

A look at some of the advantages and disadvantages of hosting a major sporting event. Hosting a major sporting event can give many economic, social and cultural benefits. However, the costs of hosting the event can also be quite high. What determines whether the benefits outweigh the costs? Advantages of Hosting a Major Event Raise [...]

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Trading Range

Some stocks tend to cycle in value between a high and a low. When this cycle establishes itself the price range between the high and the low is a trading range. The top of the range is a resistance price or resistance zone. The bottom of the trading range is the support price or support [...]

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Chase Ultimate Rewards now good for Southwest Airlines Rapid Rewards

Chase Card Services is making the skies a little more friendly with its latest announcement. The credit card company is partnering with Southwest Airlines for its Ultimate Rewards program, it announced in a press release. The airline is the largest U.S. carrier in terms of the number of originating domestic passengers. Under the new deal, [...]

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Miami County Pays $8,000 in Taxes and Fines

Miami County has paid $8,489 in taxes and late payment charges to the IRS over the last two years but these payments were not known to the state councilors. And they may have not been done in compliance with state guidelines. This was revealed by Councilman Jan Kendall, who was dismayed that the council had [...]

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Why A Penny Costs More than its Worth

I spend a few weeks in US every year. There are a few small things that frustrate me. You never know what a good is going to cost. Sales tax is always added after you buy. This means everything you buy costs something like $4.32. You can never prepare the exact change in advance, so [...]

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Strike Price

The use of the word strike to mean that a business deal has been consummated goes back to horse traders in Ireland slapping hands when a price was agreed on. In today’s world of traders the strike price is the agreed upon price of futures, commodities, or options contracts. This price differs from the current [...]

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Retailers sue to shrink debit card transaction fees

Organizations representing restaurants, retailers and gas stations joined a lawsuit against the Federal Reserve that challenges debit card transaction fee limits required under recent federal legislation. According to court documents filed this month, lead plaintiff NACS (formerly the National Association of Convenience Stores) asserts that the specific rules implemented by the Fed fail to adhere [...]

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