FinanceNewsTechnology

Snapchat on offer for $3Billion

In documents filed with the SEC on Thursday, Snap Inc., parent company of Snapchat, filed to go public. As previously reported, the company will list its shares on the New York Stock Exchange. Its proposed trading symbol is “SNAP.” The maximum proposed offer amount is $3 billion. This filing does …

READ MORE →
Business

USA debt causes Credit Rating Downgrade: how it affects you

Standard & Poor’s (S&P) downgraded the U.S.’s AAA credit rating one level to AA+ for the first time, slamming the nation’s political process and criticizing lawmakers for failing to cut spending enough to reduce record budget deficits. The default has given rise to all sorts of consumer fears of doomsday scenarios; …

READ MORE →