money
< financial
< finance
< business
< education
< midmarketplace
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By now, everyone knows that the Obama administration's stimulus bill is designed to get the economy moving again. However, you may not know that most of the bill's $70 billion for education will go to low- to middle-income individuals. A major part of the bill is a $13.8 billion tuition tax credit boost called the American Opportunity Tax Credit. This tax credit reimburses 100 percent of the first $2,000 of educational expenses for lower income students.
A stock exchange is a form of exchange which provides services for stock brokers and traders to trade stocks , bonds , and other securities . Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and dividends . Securities traded on a stock exchange include shares issued by companies, unit trusts , derivatives , pooled investment products and bonds . To be able to trade a security on a certain stock exchange, it must be listed there. Usually, there is a central location at least for record keeping, but trade is increasingly less linked to such a physical place, as modern markets are electronic networks , which gives them advantages of increased speed and reduced cost of transactions.