Planet Money: The Planet Money indicator: NPR

Sébastien Salom-Gomis / AFP via Getty Images

A General Electric employee walks between the nacelles of wind turbines for the construction of a wind farm off Saint-Nazaire, in Saint-Nazaire, western France, September 21, 2021. (Photo by Sébastien SALOM -GOMIS / AFP) (Photo by SEBASTIEN SALOM- GOMIS / AFP via Getty Images)

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.

Music by Electric Chute. Find us: Twitter / Facebook / Bulletin.

Subscribe to our show on Apple podcasts, Spotify, PocketCasts and NPR A.

Leave a Reply

Your email address will not be published.