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The rise in residential prices in the US reached a new high in June, driven by low interest rates and tight housing
In a situation where housing supply is tight, low-interest loans spurred buyers to compete for prices, and US housing prices once again recorded the biggest increase in more than 30 years.
Bank of America says the Fed's new policy framework means it can implement a “buy on dips” strategy on US Treasury bonds
Bank of America's Ralph Axel wrote in a report to customers on Tuesday that, given the Federal Reserve's new policy framework, buyers are likely to emerge when the yield on 10-year US Treasury bonds approaches 1.5%. The current 10-year yield is around 1.28%, below the midpoint of this year's 0.905%-1.774% range. Axel said that the Fed's flexible average inflation target framework “has a high probability of causing the Fed to stay on hold for a long time, or even cut interest rates without a threat of recession.” Given global deflationary pressure, 10-year interest rates “could reasonably remain very low, and
Armor Man, the second largest flash memory manufacturer in the world, may IPO in September.
Armor Holdings, formerly Toshiba memory, the world's second-largest flash chipmaker, plans to launch an initial public offering of (IPO) as early as September, according to people familiar with the matter. The armor shelved plans last year to issue up to 334.3 billion yen ($3 billion) of shares, which would have been Japan's largest IPO in 2020. The Tokyo Stock Exchange is expected to approve Armor's IPO plan in July, according to sources. A spokesman for Armor said on Thursday that the company "intends to conduct IPO in due course", but declined to comment further.
McAfee's “suicide” doubt: “If I hang myself like Epstein, it's not my fault”
John McAfee, founder of McAfee's anti-virus software, was recently found dead in a cell in a Barcelona prison. According to reports, the cause of McAfee's death awaiting extradition to the US on suspicion of tax evasion is probably suicide. McAfee was arrested at Barcelona International Airport in October last year on charges of tax evasion. The case is being tried in the US federal court of Tennessee, which is punishable by up to 30 years in prison. Since then, he has been imprisoned in a Spanish prison and claims he will be politically persecuted in the US to try to avoid extradition due to his criticism of the IRS. On October 15 of last year, McAfee tweeted after being detained
Kobe Bryant's wife and helicopter company reached a settlement with hot search netizens: it's not the money.
According to foreign media, Bryant's wife Vanessa and express flight company litigation reached a settlement, the final settlement agreement was not disclosed. However, in court documents, Vanessa asked the other party to bear punitive damages, the figure is as high as hundreds of millions of dollars. Vanessa sued the helicopter company in February last year after Bryant and his daughter were killed in a plane crash, alleging that the company allowed the plane to take off even though the weather did not permit it. # Kobe Bryant's wife reached a settlement with the helicopter company # popular search, some netizens commented that "no amount of money can buy back Kobe's life and his commercial value," while others commented, "hundreds of millions of dollars is not too much. Kobe is far from valuable.
The richest 1% of households in the United States have $41.52 trillion, 16 times that of the bottom 50%.
As of the first quarter, the richest 1 per cent of households in the US controlled $41.52 trillion of wealth, while the bottom 50 per cent had only about $2.62 trillion, according to data released by the Federal Reserve on Monday. Overall, the net worth of US households and non-profit organizations rose to $136.9 trillion in the first quarter, up 3.8 per cent from the end of 2020, according to another Fed data released on June 10th. But these increases are not evenly distributed. Net worth is essentially the calculation of all a person's assets, including cash in checking and savings accounts, financial investments, any real estate or ownership
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