What Is the Prime Rate? Definition, History and Rate in 2019

What Is the Prime Rate? Definition, History and Rate in 2019

The prime rate is the lowest rate at which money can be borrowed from commercial banks by non-banks. It typically tracks with the federal funds rate and is generally about 3% higher than the Federal Reserve's rate.

What Is Opportunity Cost and What Does It Mean for You?

What Is Opportunity Cost and What Does It Mean for You?

Opportunity cost can be defined as weighing the sacrifice made against the gain achieved when making tough money, career, and lifestyle decisions. Here's why it's important to you.

2U Craters Following Wider-Than-Expected Second-Quarter Loss

2U Craters Following Wider-Than-Expected Second-Quarter Loss

Shares of online education provider 2U crater after the company reports second-quarter results far below analysts' forecasts and indicates it expects a significantly wider full-year loss.

What Are Stock Warrants and How Do They Work?

What Are Stock Warrants and How Do They Work?

Stock warrants are a useful way for companies to boost revenues and for investors to get a shot at a quick profit.

What Is an E-Check and How Does It Work?

What Is an E-Check and How Does It Work?

An e-check an electronic payment from a checking account. It's faster than mailing a paper check, but still leaves a record of payment.

What Is Operating Margin? Definition and Example

What Is Operating Margin? Definition and Example

Operating margin is the profit that a company makes from the sales of its product after deducting costs of production. Here's how it's calculated.

What Is Impact Investing and Why Does it Matter?

What Is Impact Investing and Why Does it Matter?

Impact investing allows you to put your money where your mouth is, and help the world in the process.

What Is EOS and How Does it Work?

What Is EOS and How Does it Work?

EOS is one of the hottest new things in blockchain. Here's what's going on.

What Is Dollar-Cost Averaging and How Does It Work?

What Is Dollar-Cost Averaging and How Does It Work?

The average saver is better off not trying to time the market. Dollar cost averaging is a strategy in which you make investments of the same dollar amount at regular intervals, keeping the emotions out of the process.

What Is a Cashier's Check?

What Is a Cashier's Check?

Trying to buy a car or put a down payment on a house? A personal check or credit card might not cover it. That's where cashier's checks come in.