Sébastien Salom-Gomis / AFP via Getty Images
After nearly 130 years, General Electric is breaking … with itself. The once-large conglomerate has announced plans to split into three separate companies after years of declining revenues. During his reign, GE’s business spanned from light bulbs to locomotives, aviation, healthcare, media, financial services, and many … many … other businesses.
The new $ 1.2 trillion infrastructure bill increases benchmark broadband speed at a rapid rate of 100 megabits per second for downloads and 20 megabits per second for downloads. In other words, Netflix will stream better and you’ll have fewer Zoom connectivity issues.
Also: Interest rate! They are the force that determines how difficult it is to borrow for a home, how expensive it is for the government to borrow, and how much savings accounts pay. Over the past 40 years, they have gone lower and lower. But this week: Ripples in the bond market could mean a break from this trend.