Category Archives: Finance

Bankruptcy courts ill-prepared for tsunami of people going broke from coronavirus shutdown

Paige Marta Skiba, Dalié Jiménez,  Michelle McKinnon Miller.  Pamela Foohey, & Sara Sternberg Greene | May 13, 2020 As more Americans lose all or part of their incomes and struggle with mounting debts, another crisis looms: a wave of personal bankruptcies. Bankruptcy can discharge or erase many types of debts and stop foreclosures, repossessions and wage garnishments. But… Read More »

Should Bitcoin Replace Currency of Central Banks?

By P Mathivanan  |   January 13, 2020 Distinction between Bitcoin and Currency of Central Banks What is the difference between central bank authorized currency and Bitcoin? The bearer of central bank authorized currency can merely tender it for exchange of goods and services. The holder of Bitcoins cannot tender it because it’s a virtual currency not… Read More »

Why do some houses sell and similar sit?

By Richard Brody  |   November 26, 2019 Have you ever wondered, why, some houses, sell quickly, while many other, similar ones, seem to sit, on the market, for a considerable period of time, and/ or, fail, to sell? As a Real Estate Licensed Salesperson, in the State of New York, for nearly 15 years, I have… Read More »

Adverse Selection and Moral Hazard: Pondering Policy Implications of Asymmetric Information

By James Gaius Ibe  |   July 10, 2019 How do firms mitigate adverse selection and moral hazard derivative of asymmetric information? How do hidden characteristics or profiles exacerbate adverse selection? How do hidden actions and material changes in behavior exacerbate moral hazard? The answers to these strategic questions are critical to effective formulation and execution of optimal adverse… Read More »

The ‘yield curve’ is one of the most accurate predictors of a future recession – and it’s flashing warning signs

  By Julius Probst | July 12, 2019 More than ten years on from the global financial crisis and economies around the world are still struggling to fully recover. The latest data is not promising. International institutions such as the OECD, IMF and World Bank have all recently downgraded their growth forecasts for the current… Read More »

Taking inventory of your financial health

(Family Features) | June 20, 2019 Only 28% of Americans are financially healthy, according to the U.S. Financial Health Pulse. Most others will have difficulty reaching long-term financial goals and are more vulnerable to the threat of financial shocks, such as car trouble, unforeseen medical bills or job loss. Regardless of income or wealth, the… Read More »

Esports Popularity Piques Investor Interest

(NewsUSA) | June 18, 2019 The Esports and global gaming industry has exploded in recent years as people of all ages turn to video games for entertainment over movies and music. In fact, the annual revenue from the gaming industry was higher than music and movies combined in 2018 and is expected to more than… Read More »