The US Treasury frequently buys back government debt from investors to reduce the total debt outstanding. This impacts the economy in several ways. When the Treasury buys back government bonds, it reduces the supply of bonds in the open market. With lower supply but steady demand, the prices of the remaining bonds rise. The higher…
Budgeting is a skill that takes time and practice to master. However, the rewards of gaining control of your spending are well worth the effort. Here are some simple tips to save money every month: Track your spending for a few months. Look for expenses that seem too high or discretionary items that you buy…
The stock market was in free fall. The coronavirus pandemic was spreading out of control, businesses were shutting down, and unemployment was skyrocketing. But a few investors saw opportunity amid the chaos. They bet that the crisis would accelerate trends already underway before COVID-19 upended the global economy—the shift to e-commerce, the adoption of cloud…