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VersaBank reported record Q3 credit assets, revenue and net interest income, with net income up 53% year over year and adjusted net income up 27%, driven mainly by its U.S. Structured Receivable Program.
Seven-year U.S. Treasurys auction yields were sold near a two-year high, according to TradingView News.
Two of America’s largest companies reported earnings this week. Neither was punished for what it sold. Both were punished for what they spent. Alphabet Inc. (NASDAQ: GOOGL ) lost $294 billion in market value on Thursday, the largest single-session loss in the company’s history. Tesla Inc. (NASDAQ: TSLA ) suffered its w