Skip links

Investing

Which Country Is the Largest Exporter of Goods in the World?

China has been the largest exporter of goods in the world since 2009. Official estimates suggest the country’s total exports amounted to $2.641 trillion in 2019. In 2013, China became the largest trading nation in the world. The United States previously held that position. The title of largest exporter of goods

Robinhood Kicks Cybersecurity Month Off by Getting Hacked

Approximately 2,000 Robinhood accounts were accessed by hackers and looted during the week of October 5, according to Bloomberg. Victims told Bloomberg that their trading accounts were hacked in spite of already having set up account protection. A Robinhood spokesperson tells us, "A limited number of customers appear to have

What are the economic impacts of specialization?

Specialization, along with the complementary concept of the division of labor, occurs when the innate inequalities of human productive output are intensified along different skills. An individual becomes economically specialized when he focuses his productive efforts on an increasingly narrow range of tasks. The most obvious economic impact of specialization

Why Life Settlements Offer a Way Out

The time may come when life insurance policy owners want to rid themselves of the policies they own. Maybe they simply no longer want to pay the premium, or they find themselves in a position where they need to access cash due to a major—and often unexpected—expense. Still, others just