As Justice Dept. works to ID companies that exploit supply chain issues, here’s what consumers can do
The Justice Department is launching a new initiative aimed at identifying companies that exploit supply chain disruptions in the U.S. to make increased profits in violation of federal antitrust laws.
Black America to receive billions from Biden’s BBB plan — here are the hard numbers
The White House and members U.S. Congress have been dropping hints that they are nearing a deal on the Build […] The post Black America to receive billions from Biden’s BBB plan — here are the hard numbers appeared first on TheGrio.news.yahoo.com
Lured by low rates, companies issue high-grade debt at one of the fastest paces ever this week
Companies rushed to sell $69 billion in high-grade bonds this week, the second-highest weekly amount ever, according to BofA Securities. "I think this is going to be another year where issuance volumes are down," said Hans Mikkelsen, head of investment grade corporate strategy at BofA Securities. He said the rate on the ICE/Bank of America investment grade bond index is 2.87%, about the same it was at in early September. That represents the rate on corporate bonds at all investment grade rating levels that have an average 11 years before maturity. Mikkelsen expects this year's total issuance to trail last year's $1.205 trillion in investment grade debt.cnbc.com