You are hereArchive - Mar 22, 2018

Archive - Mar 22, 2018

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Up: $1.3T spending bill; benchmark rate (2018: 3 hikes?); price of goods (pushed by tariff); young users fled FB, so did Tesla

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#BreakingNews: Fed raises benchmark rate 0.25%. Fed funds rate range now 1.5% to 1.75%. Fed maintains three rate hikes for 2018.

More Than 11 Million Young People Have Fled Facebook Since 2011 According to iStrategy, Facebook has 4,292,080 fewer high-school aged users and 6,948,848 college-aged users than it did in 2011.

March 23, 2018 - Elon Musk joins delete-facebook boycott, deleted Tesla’s and SpaceX’s Facebook pages on Friday. “I didn’t realize there was one. Will do,” Musk tweeted back. He initially said, “What’s Facebook?” to a prior tweet from WhatsApp co-founder Brian Acton urging his followers to delete Facebook because, “It is time.”

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Image courtesy JOEL SAGET / AFP / Getty Images

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