March 25, 2020
“Yields on both the one-month and three-month Treasury bills dipped below zero Wednesday, a week and a half after the Federal Reserve cuts its benchmark rate to near-zero and as investors have flocked to the safety of fixed income amid… Continue Reading…
March 19, 2020
“JPMorgan Chase is closing about a fifth of its bank branches to help contain the spread of COVID-19. The finance giant will shutter about 1,000 Chase bank locations temporarily, according to a memo sent to employees Wednesday. The roughly 4,000 other branches will… Continue Reading…
February 13, 2020
“…Nearly half, or 44%, of those in a relationship admit to committing financial infidelity against partner, according to a new survey by CreditCards.com. Most often, they are spending more than they feel their significant other would be comfortable with, the report… Continue Reading…
February 12, 2020
“…For about a third of Americans, this is a regular financial stress, with 32% running out of money before their next paycheck hits, according to a new survey fielded by Salary Finance of over 2,700 U.S. adults working at companies with over… Continue Reading…
February 10, 2020
“Here are some highlights: Q4 Revenue: $400 million, +46% YOY, versus $371 million expected Q4 EPS: 12 cents, versus 8 cents expected Q4 Global Monthly Active Users (MAUs): 335 million, +26% YOY. Q4 GAAP Net loss: $36 million, 176% YOY Q4 ARPU (Average… Continue Reading…
January 22, 2020
“Yesterday, next-generation vaccine maker Novavax (NASDAQ:NVAX) saw its shares jump by an astounding 71% on nearly 24 times the average daily volume. Investors bid up this small-cap biotech stock in response to the spread of a deadly respiratory virus (a type of coronavirus) from China… Continue Reading…
January 15, 2020
“The federal government spent a record $1,163,090,000,000 in the first three months of fiscal 2020 (October through December), according to the Monthly Treasury Statement released Monday afternoon. That was up $48,008,200,000 from the $1,115,081,800,000 (in constant December 2019 dollars) that the… Continue Reading…
December 16, 2019
“…The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products… Continue Reading…
November 19, 2019
“Youngstown, Ohio How Much For A One Bedroom? $600 a month Derby, Kansas How Much For A One Bedroom? $599 a month Amarillo, Texas How Much For A One Bedroom? $597.50 a month Conway, Arkansas How Much For A One Bedroom? $555 a month… Continue Reading…
November 11, 2019
“The New York Fed added $115.14 billion to financial markets via temporary operations on Thursday. The liquidity additions came in two parts. One was an overnight repurchase agreement with eligible banks totaling $80.14 billion, and the other was via a… Continue Reading…
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