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Personal Finance · Analysis
The I bond fixed rate of 1.40% is its highest since 2006, after a decade near zero

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Real Estate
Homebuilding spending drops 5.5% in September while nonresidential construction edges up
Residential construction fell to a $848.8 billion annual rate, the Census Bureau said, pulling total construction spending 1.9% below August.

Personal Finance
I bonds issued from November pay 5.51% as the fixed rate rises to 1.40%
TreasuryDirect set a 1.40% fixed rate, up from 0.90%, and a 2.04% inflation rate; the FDIC's average savings account pays 0.38%.

Crypto
Strategy resumes bitcoin buying with stock proceeds as preferred buybacks cut its cash to $132.7 million
The company bought 811 bitcoin for $65.5 million after a week without purchases, while repurchasing $208.2 million of STRC preferred stock from cash, its filing shows.

AI & Tech
Shopify's merchant services drive 32% growth, and the gross margin slips as its mix shifts
Revenue reached $3,742 million as merchant solutions grew 35.5% (computed) against 19.6% for subscriptions, Shopify said in its third-quarter release; operating income rose to $568 million.
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Crypto · Analysis
Tether's $7.95 billion cushion covers 15% of the reserves held outside cash equivalents
Tether International's September 30 report puts 72.9% of $191.45 billion in cash equivalents; gold, loans, bitcoin, equities and other investments make up the other 27.1%.
Personal Finance
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The I bond fixed rate of 1.40% is its highest since 2006, after a decade near zero
TreasuryDirect has set 58 fixed rates since 1998; 16 were zero. The fixed part, not the shared inflation rate, explains why bonds bought at different times earn 4.08% to 5.51%.

UK plans a default pension for life for private sector savers approaching retirement
The Department for Work and Pensions opened two consultations on Guided Retirement and collective pensions, running to December 22, 2026.









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