Category Archives: Current Events

These are the newest, hottest stories in the investing world!

How Credit Cards Work

How Credit Cards Work Since 2010 the use of credit cards has become more popular than writing checks when paying for everyday purchases. The banks have made it easy for most people to get a credit card, and most retailers have made it very easy to use them. What is a Credit Card? A credit Read More…

American Apparel Files For Bankruptcy!

American Apparel () has filed for bankrupsy this morning. It has failed to turn a profit since 2009. Like many other designer brands that once dominated the market among teenage and young adult high-end clothing, its business has been severely weakened as young people’s tastes have changed much faster than the brands can keep up. Read More…

Oil Price Slides Again On Inventory Data!

Oil price is down again this morning after new stockpile figures show about 4.6 million new extra barrels’ worth of oil went into storage last month, compared to the 100,000 estimate most analysts were expecting. All this extra oil is going into storage because the global supply, or how much oil producers are pumping out Read More…

Whole Foods To Cut 1,500 Jobs!

Many big companies have been expanding lately, which has helped keep the unemployment rate down, but Whole Foods () is trying hard to start cutting down. The big reason for this is that they are starting to get desparate to cut costs: their popular nickname is “Whole Paycheck”, since shopping there for a full load Read More…

The Blue Chip Challenge Is Over!

Last week was the last day of the Blue Chip Summer Trading Challenge, which has been the biggest challenge HowTheMarketWorks has ever seen! Click Here To See The List Of Winners! You can join the next Challenge to win cash prizes by checking out our Prized Contests page (Click Here!), or look below for some Read More…

Dow Jones Up After East Asian Gains!

The Dow Jones Industrial Average futures had a big bump this morning, based on market data coming from China and Japan. Both countries recorded big gains today. The good feelings extended over Europe, with French and German indexes gaining over 2% each. The news comes after the Chinese government announced measures aimed at stemming the Read More…

US dependence on Saudi Oil falls!

Times have been changing rather quickly for the alliance between the United States and Saudi Arabia. The main reason is energy. US dependence on Saudi Oil has been dropping rapidly in the last decade, dropping by 50% thanks largely to increased oil production in America (if you want to try trading oil on HowTheMarketWorks, check Read More…

American markets recover after China’s crash!

The next 5 days will be a very important learning experience for traders trying to sift through the rubble after China’s highly-publicized currency devaluation and subsequent shockwaves through the world markets. American markets have begun their recovery, with the S&P 500 (ETF: ) and Dow-Jones (ETF: ) indecies both recovering some of the losses. However, Read More…