Happy New Year 2024
By: Economic & Finance Report
By: Economic & Finance Report
By: Economic & Finance Report The average Manhattan apartments have now topped $5,000/monthly. More costs and very little income to show for it. This is the first time where average…
1) The U.S. Department of Justice has launched an antitrust investigation into the practices of renowned credit card company Visa regarding debit-card transactions. The DOJ is looking into the rules…
1) The American Airlines Group Inc. will layoff 19,000 workers once the federal payroll act expires on the first of October, making for a 30% reduction in its workforce since…
1) Another drop in applications for unemployment benefits is giving hope for the economy. For the week ending 1 August, there were 1.19 million jobless claims, down by 249,000 claims.…
1) The American economy last quarter is the worst on record, with a 32.9% annual rate contraction (April – June). American business ground to a halt from the pandemic lockdown…
1) As the coronavirus continues the slowing of China’s economy, coupled with a general slow down in world economies, world oil prices are dropping. China is the world’s largest oil…
1) Present Trump has renewed his threats to impose tariffs on imported cars from Europe, citing that the European Union is even more difficult to do business with than China.…
By Economic & Finance Report Financial investment power house Goldman Sach (GS); is in negotiations to aquire B&B Hotels and all its subsidiary chains. They will be acquiring the chain…
See new posting below, “EFR PODCAST EP. #28: TARIFF WARS” 1) Oil prices continue to increase as supplies decrease in part because of the Iran sanctions which come into full…