Karina Petrunova - Passport to Wall Street

Global Debt Surged to Record Heights in... Global debt increased by $7.5 trillion in the first half of 2019, reaching a record $250 trillion and the Institute of International Finance...

Bellwether Stocks: What Are They and Wh... Bellwether stocks are those that are believed to be indicators of the direction of the economy or a particular sector of the market. It is e...

Bonds: What are They and How are They Pr... What is a bond, and how are they priced? A bond is a loan that the bondholder, the individual who purchased the bond, makes to the bond issu...

Drop in CLO Market Echoes 2008 Financial... Collateralized Loan Obligation (CLO) funds purchase the largest amounts of U.S. leveraged loans. However, they can expect to see a large sel...

Latest Aramco IPO Updates Saudi Aramco's publicly listed share will be up for sale starting early December. The company is looking to raise $100 billion on a $2 valua...

Robinhood's Infinte Money Glitch A glitch on Robinhood's trading app has allowed users to build positions that are worth millions. The "infinite leverage" loophole essential...

Brazil's Failed Oil Auctions Brazil experienced a disappointing week as it suffered two failed oil auctions in two day where no major oil company from the U.S. or Europe...

Bitmain IPO: Mining for More than Crypto... Cryptocurrency mining company, Bitmain Technologies Ltd. Is reportedly relaunching its initial public offering plans. However, this time the...

Tentative Brexit Deal Between U.K. and E... Britain and the European Union (E.U.) have reached a tentative Brexit deal on October 17. Boris Johnson, Britain's Prime Minister, tweeted,...

Global Economic Growth Continues to Slum... Global economic growth is on track to be the weakest since 2008 as a result of the U.S. - China trade war. Despite making substantial progre...

Why WeWork's IPO Failed Some of 2019's biggest and most awaited IPO's have been experiencing a particularly bumpy ride. One company that has not been able to see th...

Samsung's New Folding Smartphone Brings... Samsung recently unveiled its newest product in the U.S. on September 27, the Galaxy Fold. This smartphone is exactly as it sounds - it is a...

General Motors Temporarily Lays Off Work... General Motors (NYSE:GM), "the company" or "GM", temporarily laid off 1,200 workers from its Oshawa assembly plant following a strike involv...

European Central Bank Shows the Warning... The European Central Bank (ECB) cut its deposit rate in September by a 10 basis points to -0.5% from -.04%. It plans to keep interest rates...

U.S Labor Department's Core Consumer Pri... U.S. consumer prices jumped up to the largest annual gain observed in a year during the month of August.The Labor Department stated that its...

Implications of the U.S. - China Trade W... European companies have been anxiously keeping watch on developments of the U.S. - China trade war these past few months especially after it...

SmileDirectClub IPO SmileDirectClub Inc. is a tele-dentistry company founded in 2014 that produces 3D-printed clear aligners, is planning to go public. The comp...

Recession Looming as Yield Curve Inverts An inverted yield curve has been one of the most consistent indicators of a recession since 1950. All of the nine major recessions were prec...

Germany's GDP Shows Negative Growth in t... Once the powerhouse of the European Union, Germany is now on the footsteps of a possible recession. Germany's central bank (Bundesbank) warn...

Oil and Gas Companies Headed for Bankrup... Volatile oil and gas prices have forced companies to file for bankruptcy at higher speeds than previous rates in order to seek protection fr...