The nominal interest rate is unadjusted for what?

Business Trivia / September 29, 2025

Inflation. Inflation is a rise in the general level of prices of goods and services over a period of time.

Montgomery Ward opened its first retail store in which city?

Business Trivia / September 28, 2025

Plymouth, Indiana. Founded as the world's first mail order business in 1872, Montgomery Ward closed all of its retail stores and catalog operations by early 2001.

Options on interest rate swaps are called what?

Business Trivia / September 28, 2025

Swaptions. A "swaption" is an option granting its owner the right but not the obligation to enter into an underlying swap.

Besides "Haunted Mansion", which Disneyland attraction was the last Walt Disney helped "imagineer"?

Business Trivia / September 27, 2025

The Pirates Of The Caribbean. Although he did not live to see its completion, Walt Disney's love for auto-animatronics can be found in "The Pirates of the Caribbean".

Which US State had the lowest unemployment rate in July 2018?

Business Trivia / September 27, 2025

Hawaii. According to the Bureau of Labor Statistics, the US unemployment average in 2018 was 3.7%.

What "protective device" did Joseph Glidden invent in 1873?

Business Trivia / September 26, 2025

Barbed Wire. The invention of barbed wire changed forever the American West.