Seed Newsvine
Edinburgh University had ‘outsized’ role in creating racist scientific
theories, inquiry finds
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Investigation finds one of Britain’s oldest and most prestigious
universities benefited from transatlantic slavery and was haven for white
supremacist th...
30 minutes ago
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WHY ZERO INTEREST; ... Instead, the Federal Reserve slashed benchmark interest rates to near zero, lowering yields for conservative investments like money market funds and pushing frustrated investors into riskier corporate bonds offering higher returns. As demand for those bonds rose, businesses were able to issue more of them than ever, and use the proceeds to pay off old ones coming due soon.
"The Fed encouraged debt refinancing, but we need debt extinguishment," says Boockvar.
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