NZ central bank starts quantitative easing to tackle coronavirus

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NZ central bank starts quantitative easing to tackle coronavirus

WELLINGTON (Reuters) – The Reserve Bank of New Zealand (RBNZ) said on Monday it would start buying up to NZ$30 billion ($17 billion) worth of government bonds, following other central banks’ moves to offset the impact of the coronavirus. The bank said …
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Home price growth accelerated in December — here's why that trend could continue in 2020

The numbers: The pace of home-price appreciation across much of the U.S. ramped up in December, according to a major price barometer. The S&P CoreLogic Case-Shiller 20-city price index posted a 2.9% year-over-year gain in December, up from 2.5% …
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Mallinckrodt Considers Bankruptcy Over Opioid Lawsuits

The small-cap drugmaker Mallinckrodt (NYSE:MNK) is reportedly considering a Chapter 11 bankruptcy according to the Wall Street Journal. Due to extensive liabilities surrounding its many opioid lawsuits, the company is now in confidential talks with …
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Downtown Placerville restaurant sold; changes in the works

Locally owned Jack Russell Brewing has sold its restaurant in downtown Placerville. David Coody, who owns Jack Russell, confirmed the sale on Monday. He said the restaurant will get a new name. The brewery will no longer be involved in the space, aside …
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Caitlin Long Starts the First Crypto-Native Bank in the US

Caitlin Long, a former Wall Street executive who has helped Wyoming enact 13 blockchain-enabling laws, is taking advantage of the progressive Wyoming legislature to establish a first crypto-native bank in the U.S. The bank’s name is Avanti, which means …
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