Financial automation, or robo-advising, is a quickly growing industry. Trends such as WallStreetBets, the subreddit that led the GameStop surge, have sparked interest in investing for young audiences. Apps such as Robinhood are growing rapidly and utilize robo-advising as their core services. Steven Kou, Questrom Professor in Management and Professor of Finance, breaks down robo-advising so investors can understand its
WalletHub recently published an article featuring insight from Pearl Steinbuch, Senior Lecturer of Markets, Public Policy, and Law. Pearl spoke on “no balance transfer fee” credit cards and what consumers should consider most when selecting a credit card.
I think that many people focus on the promotional 0% APR, more than the balance transfer fee. However, consumers must realize that if
According to a recent BankRate survey, most Americans could not cover a $1,000 financial emergency. Senior Lecturer of Finance Aaron Stevens sits down with Insights@Questrom to answer our questions on this issue and give his thoughts on potential solutions.
Question 1: A recent BankRate survey found that 39% of Americans are unprepared for a $1,000 emergency. Why do you believe that
Investors will soon be able to trade water as other commodities over fears of a future scarcity of the resource. What is futures trading, and how does it differ from other forms of investing? What does the ability to trade water mean for the futures market? Professor of Finance Jerome Detemple discussess the Water Futures contract now being traded on
You probably don’t know if your bank files its taxes as an S corporation or a C corporation, but your wallet might. As local competition heats up, banks are strategically converting to organizational structures that lower their overall tax burdens — and benefit their customers.
As the marketplace for service-based employment increases, firms must carefully decide how to allocate control and employment status to those who deliver those services, according to associate professor Andrei Hagiu, in his latest research.