Categories
Business education

Who was Livermore?

Jesse Lauriston Livermore, an iconic figure in Wall Street history, was born on July 26, 1877, in Acton and passed away on November 28, 1940, in New York City. Known for his uncanny ability to amass and lose massive fortunes, Livermore gained notoriety for his short selling tactics, which allowed him to profit immensely even […]

Categories
Business news

Anticipated Fed Interest Rate Hike in June: A Response to Persistently High Inflation and Elevated Market Prices

Amid sky-high market prices, the U.S. Federal Reserve is poised to further tighten its monetary policy, as predicted by the Polish Economic Institute in its latest “PIE Monthly” release. A hike in interest rates is expected this June – a shift from the current 5.25% to 5.50%, which analysts predict will be the final rise […]

Categories
Business education

What is business?

Business, refers to commercial or productive activities or enterprises. Etymologically, the word “business” comes from “busy” – occupied, active. In the social dimension, being a “busy” businessperson can mean being involved in the organization of the production process of goods or services for commercial purposes. In economics, the discipline of managing a business, refers to […]