Transportation as a Service or TaaS refers to on-demand rides and vehicle sharing without the hassles of car ownership. It also involves e-commerce and online delivery. In this article, we will discuss the various aspects of TaaS and discuss its potential in altering the transportation sector. Over the past fifty years, the transport industry has …
Commodities include goods or services traded and exchanged with each other at a price governed by demand and supply. The commodity market began in 4500 BC where the people of Sumer or modern-day Iraq used clay tablets to denote goods to be delivered at a predetermined date. If you’re looking for a cited, chronological depiction …
Hedge funds are financial establishments that leverage pooled funds and adopt a mix of strategies to earn differentiated returns for their investors. The following are the most important historical and current hedge fund statistics for those researching the markets or industry. Key Statistics The market size of the hedge fund industry was approximately $8.3 trillion …
The stock brokerage industry has seen a radical change in the last few years. It is no longer restricted to professional traders sitting in front of offwhite computers all day buying and selling stocks. With the advent of technology, stock brokerage firms today have metamorphosed and are available to the masses. This blog will look …
Economics is the study of resource allocation under certain constraints. It is a field that has existed since time immemorial and has undergone a metamorphosis as the world developed. Every science evolves, and Economics is no exception. This article summarizes the history of economics and revisits the various schools of economic thought that shaped modern …
Hedge funds are an alternative form of investment for high-net-worth investors. It is estimated that there are more than 10,000 hedge funds globally. This article explores the history of hedge funds and how hedge funds have evolved. Hedge funds are alternative investment funds that have expanded exponentially over the years. Today, there are over 3,691 …
The Federal Reserve is the central banking system of the United States. It was created as a part of the Federal Reserve Act of 1913 under President Woodrow Wilson to alleviate financial crises. This article will take a look at the history of the Federal Reserve and explain how it has actively worked towards creating …
Ethereum is a decentralized platform for applications that runs with minimal chances of censorship, fraud, or third-party interference. The history of Ethereum is less than a decade old and involves several stages of technical upgrades. Here’s how the eventful Ethereum history paves the way for its great future. Ethereum is an open-source blockchain that allows …
Cryptocurrencies have taken the world of finance by storm, and Bitcoin is undoubtedly ruling the roost. Created by the pseudonymous developer Satoshi Nakamoto in 2009, Bitcoin has gained millions of followers, touching a record value of $66,999.00 at Coinbase on October 21, 2021. Nakamoto or developers working under him created this cryptocurrency to decentralize the …
A stock market crash is a sudden drop in stock prices affecting a significant cross-section of stock sectors and a significant portion of society. Crashes are triggered by panic selling and weakening underlying economic conditions. Here is a chronicle of some of the biggest stock market crashes from when the stock market began to the …
