What is Emergency fund? How to invest it?

Emergencies and the financial burden they entail cannot be foreseen. That is why it is important to have an emergency fund to fight any sort of exigency. An emergency fund is a contingency fund that…

Self-employed and gig workers could get bigger loans…

MoMo Productions | Getty ImagesMillions of self-employed and gig workers got good news this week.The Biden administration on Monday changed how the Small Business Administration's Paycheck Protection Program calculates forgivable loans for the smallest firms…

Biden signs executive order to address chip shortage…

President Joe Biden signed an executive order Wednesday meant to address a global chip shortage impacting industries ranging from medical supplies to electric vehicles.The order includes a 100-day review of key products including semiconductors and…

Biden administration may undo certain Trump-era mortgage rules

Kathy Kraninger, former president Donald Trump's appointee to head the Consumer Financial Protection Bureau.Andrew Harrer/Bloomberg via Getty ImagesThe Biden administration hinted it may dismantle mortgage rules inked during the waning days of Donald Trump's presidency.Those…

GameStop shares soar more than 100% amid executive…

A GameStop store is pictured in New York, January 29, 2021.Carlo AllegriI | ReutersShares of GameStop surged more than 100% on Wednesday as investors poured into the brick-and-mortar retailer amid a C-suite shake-up.Shares were halted…

Australia passes new media law that will require…

A search for 'Australia News' on the Google homepage, arranged on a desktop computer in Sydney, Australia, on Friday, Jan. 22, 2021.David Gray | Bloomberg via Getty ImagesAustralia has passed a new law that will…