While it's unclear whether low-interest rates helped low-income Americans get jobs, one thing is clear. Low-interest rates were music to the ears of Wall Street traders and speculators.

The decline in property sales comes at a time when some homebuyers refuse to repay loans for unfinished properties, magnifying the liquidity problem of the industry.

This prospect doesn’t seem to concern traders and investors on Wall Street, which staged a massive rally after the release of the Federal Open Market Operations Committee’s decision.

Like the ECB, the Fed has been trying to tame inflation, getting from bad to worse by any measure. 

In the first half of 2022, both companies were caught with excess inventories of discretionary items and had a hard time getting rid of them.

The popular show generated 1.3 billion hours viewed thus far in the new season. That made it Netflix's biggest 2 season of English TV ever, reviving interest in past episodes.  

Red Hat brought IBM an extensive open-source technology portfolio, an innovative hybrid cloud platform, and a vast open-source developer community.