When the subject is cryptocurrencies, bitcoin usually dominates. The most popular of the digital currencies has often been confused by the general public as the one representing the entire cryptocurrency industry. Since its creation by one or more anonymous people in 2009, bitcoin has always been assigned the leading role. Cryptocurrency fans see the most…
The US Federal Reserve has historically taken pride in being independent from political influence. In promoting the effective operation of the U.S. economy, it seeks to conduct monetary policy for maximum benefit of the public interest and the stability of the financial system. One of the Fed’s primary tasks, for example, is deciding when to…
Sam Bankman-Fried is being released on a huge recognizance bond following his appearance in a Manhattan Federal Court to face fraud charges related to the collapse of FTX and Alameda Research. The disgraced crypto king was extradited from the Bahamas to the United States late on Dec. 21. He appeared in a federal court in…
While these will not arrive in time to be tucked underneath the Christmas tree, Amazon’s (AMZN) – Get Free Report discounting AirPods in a very merry way. Just ahead of Christmas, the online retailer is discounting Apple’s (AAPL) – Get Free Report entry-level AirPods, third-generation AirPods, AirPods Pro second-generation, and AirPods Max. So whether you’re shopping for…
Rising interest rates and fears of a recession have cast a dark cloud over the automobile industry, forcing car companies to consider their options to keep new cars moving off the lot. The good news for the auto industry is that new vehicle inventory levels have been improving, Kelley Blue Book said in a Dec.…
Financial companies in the U.S. have been regulated by the Consumer Financial Protection Bureau (CFPB) since it was founded following the financial crisis of 2007 and 2008. In 2010, the CFPB was created when it was authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The legislation was intended to improve accountability and…
The Federal Reserve uses open market operations to implement monetary policy as set by the Federal Open Market Committee. Canva ContentsWhat Are Open Market Operations?How Do Open Market Operations Affect the Money Supply?How Do Open Market Operations Work?How Have Open Market Operations Evolved?What Are Open Market Operations?Open market operations refer to a central bank’s purchase…
A major factor driving corporate environmental strategy is public image. Survey after survey finds that environmental practices are increasingly starting to influence consumers’ choice to shop or not shop at a given company. A report by global strategy consultancy firm Simon-Kucher & Partners found that 85% of shoppers across different countries shifted their buying habits in…
Retail giants Walmart (WMT) – Get Free Report and Amazon (AMZN) – Get Free Report wage a fierce battle for business with Amazon having a much larger online presence with 2.5 billion average site visitors monthly compared to Walmart’s 429 million, Storebrands.com reported in October. However, Walmart has the brick and mortar dominance with the Bentonville, Ark.,…
President Joe Biden took to social media recently to announce that Americans can once again order free covid-19 tests. “Covid cases are rising across America as folks gather for the holidays,” Biden tweeted on Dec. 15. “That’s why, starting today, every household can order 4 free Covid tests to be shipped straight to your door.”…
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