FINSOC Weekly Wraps Vol.01

Feb 27, 2022 Weekly Wraps

• NSW Premier Dominic Perrottet announces $500 voucher scheme to help families with before-and-after school care.
• RBA’s first board meeting of 2022 drives decision to maintain cash rate target at 0.1%.
• Meta, formerly “Facebook” (ASX:FB) suffers largest ever loss in valuation on the stock market, with Founder and CEO Mark Zuckerberg’s net worth falling by USD$31bn.
• The New York Times Company acquires viral hit game “Wordle” for a price in the “low seven figures”.