Consumer Price Index for Town Wage Earners And Clerical Group of workers (CPI-W)

Consumer Price Index for Town Wage Earners And Clerical Group of workers (CPI-W)

What Is Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)? The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is a variation of the consumer price index, as compiled by the Bureau of Labor Statistics (BLS) in the United States. It measures the changes in consumer prices to which certain

Crack Definition

Crack Definition

What Is a Crack? A crack, or crack spread, is a term used in the energy markets to represent the differences between crude oil and the prices of the wholesale petroleum products that derive from it, such as jet fuel, kerosene, home heating oil, and gasoline. Crack or crack spread is a trading strategy used

Cracking Definition

Cracking Definition

What Is Cracking? Cracking is a technique used in oil refineries whereby large and complex hydrocarbon molecules are broken down into smaller and lighter components that are more useful for commercial or consumer use. Cracking is a critical stage in the process of refining crude oil. Other petroleum products, such as heating oil, diesel fuel

Who Is Craig Wright? Is He Really Bitcoin’s Satoshi Nakamoto?

Who Is Craig Wright? Is He Really Bitcoin’s Satoshi Nakamoto?

Craig Wright (b.1970) is an Australian computer scientist who claims to be Satoshi Nakamoto, the mysterious inventor of Bitcoin. According to Wright, he was involved in Bitcoin’s creation along with his friend, the deceased computer security expert Dave Kleiman. He made this claim after Wired magazine and Gizmodo floated the possibility of his being Nakamoto in

Cramdown Definition

Cramdown Definition

What Is a Cramdown? A cramdown is the imposition of a bankruptcy reorganization plan by a court despite any objections by certain classes of creditors. A cramdown is often utilized as a part of the Chapter 13 bankruptcy filing and involves the debtor changing the terms of a contract with a creditor with the help