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USA: California Lottery

     Posted on: April 30, 2013

The Birth of the California State Lottery The Lottery was created by a ballot measure, Proposition 37, which was approved by 58 percent of voters on Nov. 6, 1984. The Lottery Act gave the Lottery a clear mission: to provide supplemental funding for public schools and colleges. Initially, the Lottery Act capped ...

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Interesting articles about money, investments, finances, economy & business
Stock Exchange Mutual Funds Floating Exchange Rates Foreign Exchange Market
A stock exchange is a form of exchange which provides services for stock brokers and traders to trade stocks, bonds, and other securities. Professionally managed collective investment vehicle that pools money from many investors to purchase securities. Type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. Forex (FX) is a form of exchange for the global decentralized trading of international currencies.