The history of currency exchange is a rich and storied one, going back centuries before Chicago became a city. Records found in Amsterdam indicate that at some point during Holland’s Golden Age of the 17th century, the British and the Dutch were engaged in trading coin, 200-odd years before the WindyContinue Reading


A CDC safety group said there’s a “likely association” between a rare heart inflammatory condition in adolescents and young adults mostly after they’ve received their second Covid-19 vaccine shot, citing the most recent data available. There have been more than 1,200 cases of a myocarditis or pericarditis mostly in peopleContinue Reading


Buy now, pay later plans allow shoppers to pay for purchases in four or more installments, often interest-free. Dubbed BNPL for short, these point-of-sale installment loans have been rising in popularity as people spend more time shopping online. Overall, 60% of consumers say they’ve used a buy now, pay laterContinue Reading


When shopping online or in stores these days, consumers increasingly have a new way to pay. Buy now, pay later (BNPL) allows them to split their purchases into four to six installment payments, often with no interest charges. An estimated 60% of Americans have used a BNPL service at leastContinue Reading


Get a Full Investor Curriculum: Join The Book List Every month you’ll receive 3-4 book suggestions–chosen by hand from more than 1,000 books. You’ll also receive an extensive curriculum (books, articles, papers, videos) in PDF form right away. [mailbag_mailchimp]Continue Reading


Hedging with forex is a strategy used to protect one’s position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about hedgingContinue Reading


For those looking for a career in investment banking, it helps to know where investment banks are looking for employees. So where do investment banks recruit? As it happens, the search field for the major investment banks such as Goldman Sachs Group Inc. (GS) is relatively narrow. Roughly 60% toContinue Reading