When was the Dow Jones Transportation Average created?

Business Trivia / May 15, 2025

1884. The Dow Jones Transportation Average preceded the Industrial Average and was composed of nine railroad stocks and two non-rail stocks.

What type of trade involving futures contracts is prohibited by the Commodity Exchange Act?

Business Trivia / May 15, 2025

Round Trip Trading. "Round Trip Trading" is also known as "wash trading".

Terry Semel was the CEO of what internet company from 2001-07?

Business Trivia / May 14, 2025

Yahoo!. Terry Semel was given stock options of over $110 million as a bonus when he joined Yahoo! in 2001.

How did super-rich Donald Edward Newhouse make his billions?

Business Trivia / May 14, 2025

Publishing. Donald Edward Newhouse ranked 38th on "Forbes" 2006 Rich List calls Somerset County, NJ home and was worth $7.3 billion.

How many people own a sole proprietorship business?

Business Trivia / May 13, 2025

One. A sole proprietorship is also known as a sole trader.

What does the term "gap opening" mean as it relates to the price of a stock?

Business Trivia / May 13, 2025

Big Change From Closing To Opening. A gap opening usually occurs when either good or bad news is publicized after the close of the market.