Stimulus checks, vaccine progress, warmer weather and business reopenings combined for a perfect storm of consumer spending in March. According to new figures published by the U.S. Census Bureau on Thursday, retail sales jumped 9.8 percent on a seasona…
What originally started out as a meme, and for the most part became a novelty cryptocurrency, Dogecoin has been building up a real head of steam recently. As figures from CoinDesk show, the currency’s price is currently skyrocketing. Having been valued…
The Chinese economy continued its recovery in the first quarter of 2021, as GDP growth accelerated to the fastest rate on record. According to the National Bureau of Statistics of China, the country’s GDP grew by 18.3 percent year-over-year in the thre…
A new survey by Ipsos paints a bleak picture of the return to normal after the COVID-19 pandemic. Fewer than one quarter of respondents across 30 countries believed that a return to normal was possible within six months. An average of 34 percent across…
Over half a million Americans are currently homeless. After a period of progress and decline, the U.S. homeless population has increased slightly by two percent according to a report from the Department of Housing and Urban Development. It now stands a…
The U.S. Department of Housing and Urban Development has released its latest report into homelessness in the United States, finding that some 580,000 Americans were sleeping rough in 2020. Last year, levels of homelessness climbed for the fourth consec…
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.
OK, now I get it. Take a couple tabs of Euphorestra and Hopium, and stick to talking about making money in the market. Greed won’t offend anyone.
Numbers by the Federal Student Aid office show that even a forgiveness of $10,000 would free 15 million Americans of their federal student loan debt completely. A forgiveness amount of $20,000 would render more than 24 million former students debt-free…
CUSIP: 912810SW9Term and Type: 19-Year 10-Month BondReopening: YesOffering Amount: 24 BillionAnnouncement Date: 04/15/2021Auction Date: 04/21/2021Issue Date: 04/30/2021Maturity Date: 02/15/2041PDF | XML