Bottom fishing is a way some people invest their money. They look for stocks or other investments that most people think are not worth much. The bottom fishers think these investments are actually good deals. They buy them because the prices are low compared to other choices. Contrarian Investing People who bottom fish are often…
Borrowed reserves happen when banks in the United States need more money. They go to the Federal Reserve Bank and borrow some for a little while. This helps them have enough cash on hand. It’s a short-term loan to keep things running smoothly. Why Banks Borrow Reserves Banks need to keep a certain amount of…
Microsoft will discontinue the Avatars introduced since the Xbox One in January 2025. Users will no longer see their avatars, and consumers who recently purchased something for their avatars will get their money back. The avatars were created using the Avatars Editor, Xbox reports. These avatars were released in late 2018 and were more customizable…
SwitchBot has introduced two smart relay switches with support for Matter. The relay switch fits into switch boxes and sockets and can thus make more devices smart. The relay switches are 42x36x16mm in size and, therefore, fit in most switch boxes and sockets, writes SwitchBot. With the switches, users can, for example, control lighting or…
Google has released a Spotify extension for Gemini, allowing people to control the music service via chatbot. Users must use English. It is the second Gemini extension not for a Google service, after a WhatsApp extension. Gemini extensions are integrations that allow the chatbot to work with an external service. With the Spotify extension, users…
A BORDEREAU is a special report that insurance companies make. It shows the history of an insurance policy. The report lists all the losses and how much the insurance company had to pay out. It also shows how much money the person buying the insurance paid to the insurance company. This amount is called the…
A book entry security is a type of debt or stock that exists only in electronic form. There are no paper certificates or physical documents to prove ownership. Instead, all the details about who owns the security are stored digitally. How book entry securities work In the old days, when someone bought a stock or…
A wishlist is a list of things you want. People make wishlists for all kinds of reasons. Some people make wishlists of gifts they hope to get for their birthday or a holiday. Other people make wishlists of stuff they want to buy someday when they have enough money. You can make a wishlist about…
Bonds with warrants are a kind of bond that comes with a special bonus. When a company sells these bonds, they include “warrants” as an extra. Warrants are kind of like a coupon that lets you buy more of the company’s stock later on, if you want. These warrants can sometimes be split off from…
A bond swap spread is extra money that a company pays when they borrow money. Companies borrow money by selling bonds. Bonds are like IOUs. The company sells the bond and promises to pay back the money later, plus interest. The interest rate a company pays on their bonds is based on something called the…
