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“They were devastating with over 50% pull backs in the S&P 500 with people losing over 50% in their retirement accounts,” he said. Here's what this could mean for you.
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The discount rate was cut by 50 bp—to 5.75% from 6.25%—and the term of loans was extended from overnight to up to thirty days. That reduced the spread of the primary credit rate over the federal funds rate from 100 basis points to 50 basis points.
The discount rates typically applied to different types of companies show significant differences: Start-ups seeking money: 50–100%; Early start-ups: 40–60%; Late start-ups: 30–50%; Mature companies: 10–25%; The higher discount rate for start-ups reflects the various disadvantages they face, compared to established companies:
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The shift from 5% ride discounts to 6% cash back might ... and Uber hopes to increase that number to 50% or more in the U.S. Khosrowshahi said Uber One penetration is already higher than 50% in ...
However, Amazon is now making it more palatable by offering its first discount, selling it for $130 in Black/Graphite for a discount of 28 percent, or $50 off the regular price. Buy Fitbit Charge ...