CUSIP: 912796H69Term and Type: 27-Day BillCMB: YesHigh Rate: 0.055%Investment Rate: 0.056%Price: $99.995875Allotted at High: 7.74%Total Tendered: $203,622,951,000Total Accepted: $60,000,612,800Auction Date: 10/20/2021Issue Date: 10/22/2021Maturity Date…
India is preparing for Diwali and the festival is not only defined by lights, glitter and gold, but also by a shopping extravaganza. Online shoppers are expected to spend the equivalent of $9.2 billion this year, marking a recovery from the coronavirus…
Strong economic recovery following the lockdown era of the coronavirus pandemic has caused the price of goods and services to rise since the start of 2021 in many developed nations. Consumers catching up on spending coupled with persistent stock proble…
After massive gains during the first stages of the Covid-19 pandemic, net paid subscriber growth at Netflix took a hit in 2021. The latest quarterly results exceeded expectations however, and when comparing to 2020’s Q3 subscriber additions, the 4.4 mi…
While Swedish telco infrastructure provider Ericsson might have seen a decline in sales in the third quarter due to supply chain issues, the past months still proved fruitful with a net profit of $650 million and billion-dollar deals with telco giants …
Americans who want to buy a new truck of fry up some bacon and eggs for breakfast have to shell out significantly more for those items than a year ago. Increases in the consumer price index have made all sorts of goods more expensive as the long-term e…
Google revealed its latest smartphone at a launch event yesterday. With the Pixel 6 and the Pixel 6 Pro, the tech giant is aiming to wrestle more of the market out of Apple’s and Samsung’s hands. While the devices may well win over new customers, data …
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
A moment of silence, please: It was 34 years ago today that the market crashed, which prompted the government to “help” everyone and begin the slow, merciless strangulation of natural, organic, capitalist equity markets. People used to …
According to UBS, there are nine real estate markets that are in bubble territory with prices rising to unsustainable levels.