The City of London in England, United Kingdom, is home to the London Stock Market (LSE), a stock exchange. The combined market capitalization of all the firms trading on the LSE as of November 2021 was £3.9 trillion. Its present location is in the City of London’s Paternoster Square, adjacent to St. Paul’s Cathedral. It […]
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The Wall Street Crash of 1929, commonly referred to as the Great Crash, was a significant collapse of the American stock market that took place in the late 1929. It began in September and came to an end when share prices on the New York Stock Exchange crashed in late October. The stock market meltdown
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In the wake of the 1929 Wall Street Crash, the U.S. Securities and Exchange Commission (SEC) was established as an independent agency of the American federal government. The SEC’s main goal is to uphold the law against market manipulation.
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From 6 February 1952 until her death on 8 September 2022, Elizabeth II (Elizabeth Alexandra Mary; 21 April 1926 – other Commonwealth nations) served as the monarch of the United Kingdom. During her lifetime, she had the regency over 32 sovereign states, and there were 15 at the time of her passing. Her 70 years
In theoretical physics, quantum field theory in curved spacetime (QFTCS) is an extension of quantum field theory from Minkowski spacetime to a general curved spacetime. This theory treats spacetime as a fixed, classical background, while giving a quantum-mechanical description of the matter and energy propagating through that spacetime. A general prediction of this theory is
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Abscam was an undercover FBI sting operation conducted in the late 1970s and early 1980s that targeted political corruption in the United States. It exposed a network of public officials willing to accept bribes in exchange for political favors, resulting in one of the most significant political scandals of the era. Origins and Development 🏛️
In quantum field theory, a fermionic field is a quantum field whose quanta are fermions; that is, they obey Fermi–Dirac statistics. Fermionic fields obey canonical anticommutation relations rather than the canonical commutation relations of bosonic fields. The most prominent example of a fermionic field is the Dirac field, which describes fermions with spin-1/2: electrons, protons,
Personal loan means, an unsecured type of loan that can be used to cater to various financial needs including home renovation, payment of education fees, medical fees, vehicle repair, debt consolidation, credit card payment and others. Getting this type of loan has now become easy owing to digital advancement. With the technology advancing, various lenders in US,
Adjustable rate mortgages (ARM) are mortgages whose initial rate will change after a specified period of time. A two year adjustable mortgage with a 6% interest rate will remain 6 percent for two years, and subsequently, that is, after two years, the rate will change relative to the index to which it is tied. In most cases the
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The New York Department of Financial Services (NYDFS) is a New York state government department responsible for regulating financial services and product offerings. The NYDFS’s purpose is to facilitate the growth and health of the financial industry in New York, spur economic development in a justly regulated and compliant fashion, and ensure the honesty, safety,
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