What was the first African-American owned New York Stock Exchange member firm?

Business Trivia / January 02, 2025

Daniels & Bell Inc. Daniels & Bell lost its membership in the NYSE in January, 1995 after several years of decline following the death of its founder.

What is the hobby of collecting of old security and stock certificates called?

Business Trivia / January 01, 2025

Scripophily. Some old stock certificates can have considerable value as collectors' items.

Which premium is not built into the interest rate on a 30-year Treasury Bond?

Business Trivia / January 01, 2025

Default Risk Premium. Since Treasuries are considered risk-free securities, default risk premium is not a consideration in the interest rate.

A net float is the sum of what two kinds of floats?

Business Trivia / December 31, 2024

Disbursement And Collection. Collection float is the amount of checks received but not yet posted.

If sparks fly from your wiring, what professional should you call to fix it?

Business Trivia / December 31, 2024

Electrician. An electrician installs or repairs electrical or telephone lines.

What sort of capital is sought for promising new companies?

Business Trivia / December 30, 2024

Venture Capital. Venture capital is a type of financing sought by early-stage companies seeking to grow rapidly.