The five questions from Monday, March 23, 2026, with their answers. This puzzle is
no longer playable; today's game is on the home page, and
the last seven days can still be played in the
practice archive.
1 The United States labor market indicator that has remained near 3.5 to 4 percent despite aggressive monetary tightening and reflects the percentage of the workforce without jobs.
Answer: UNEMPLOYMENT(12 letters)
The share of the labour force without work but actively seeking it.
2 The semiconductor manufacturer that completed a 69 billion dollar acquisition in late 2023 to expand into enterprise software and virtual machine technology after securing final regulatory approval from antitrust authorities in China.
Answer: BROADCOM(8 letters)
3 The specific mathematical metric used by debt investors to measure the price sensitivity of a bond to a 1 percent change in prevailing interest rates which is always expressed in years rather than a percentage and becomes significantly higher when the periodic coupon payments are lower.
Answer: DURATION(8 letters)
A bond's price sensitivity to interest rates, expressed in years. A duration of 7 implies roughly a 7% price fall if yields rise one percentage point.
4 The measure of a stock or portfolio sensitivity to movements in the broader market where a value of 1.0 indicates that the asset moves in perfect correlation with the benchmark index. In the Capital Asset Pricing Model this Greek letter represents the systematic risk that cannot be diversified away and determines the expected return of an investment relative to the risk free rate.
Answer: BETA(4 letters)
A measure of how much an asset moves relative to the overall market. A beta of 1.0 moves in line with the market; above 1.0 amplifies its swings.
5 The illegal algorithmic trading practice where a market maker rapidly submits and then immediately cancels large orders to artificially inflate perceived market depth and manipulate the underlying asset price which notably contributed to the 2010 Flash Crash that temporarily erased nearly 1 trillion dollars in equity value.
Answer: SPOOFING(8 letters)
Entering orders with no intention of executing them, to create a false impression of supply or demand and move the price.