Business and Finance News - 10.3.24

Author

Skool Projekt Staff
October 03, 2024

 

Good Morning, Students!

 

A trust is a fiduciary arrangement where a third party, known as the trustee, is given the authority to hold and manage assets on behalf of a beneficiary. The trustee is responsible for overseeing the assets according to the terms outlined in the trust agreement, ensuring the beneficiary's best interests are upheld. This legal structure can be used for various purposes, such as estate planning, protecting assets, or managing wealth over generations.

 

Use a trust to protect and efficiently transfer wealth.

 

-Mr. W

*Join Mr. W’s Classroom for more in-depth writing on economics.

 

 

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TOP STORIES

 

*Eli Lilly (LLY) - Eli Lilly and Company is a global pharmaceutical company that discovers, develops, manufactures, and markets products in the areas of oncology, endocrinology, neuroscience, and immunology.

 

*Nike (NKE) - Nike, Inc. is a global corporation that designs, manufactures, and sells athletic footwear, apparel, equipment, and accessories.

 

*Nikola (NKLA) - Nikola Corporation is an American company that designs and manufactures electric vehicles (EVs) and hydrogen fuel cell trucks. Its primary focus is on developing zero-emission transportation solutions, including heavy-duty trucks for the commercial market.

 

*Oil Prices - Oil prices refer to the cost per barrel of crude oil, which is determined by global supply and demand dynamics in the market. Oil prices are critical because they impact the cost of energy, transportation, and goods worldwide, making them a key indicator of economic health and market stability.

 

*Tesla (TSLA) - Tesla, Inc. is an American electric vehicle (EV) and clean energy company.

 

THE MARKETS

*Explore Economics Projekt to gain deeper economic insights through comprehensive economic learning modules.

Here’s how the major indexes did yesterday:

Here’s how leading market ETFs did yesterday:

Here’s how The Magnificent Seven did yesterday:

Here’s how the major cryptocurrencies did yesterday:

Disclaimer: This content is not intended as financial guidance. The purpose of this newsletter is purely educational, and it should not be interpreted as an encouragement to engage in buying, selling, or making any financial decisions regarding assets. Exercise caution and conduct your own research before making any investment choices. 

 

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