17 June 2020
1) As restaurants start to reopen, they are finding a serious problem- it takes cash to reopen again, cash that many don’t have in the bank. The cost of food,…
16 June 2020
1) The markets sank Monday, down by 762 points, when the news of the Feds bond-buying plan became known, reversing the selling to buying which raised the Dow up 150…
15 June 2020
1) The Independent Restaurant Coalition estimates that 85% of the independent restaurants may go bust by the end of 2020. The independent restaurants comprise 70% of all the restaurants in…
12 June 2020
1) The markets took a sharp drop over fears of another shutdown as the number of Convid-19 cases began rising from states starting to opening up for business. The Dow…
GENERAL CHARLES “CQ” BROWN BECOMES FIRST AFRICAN AMERICAN USA MILITARY SERVICE CHIEF
By: Economic & Finance Report General Charles “CQ” Brown has done it…. He is the first African American US Air Force chief of staff, and the first African American to…
11 June 2020
1) This last April, the government offered $349 billion dollars to small businesses, in their stimulates package called the Paycheck Protection Program or PPP, as a way of limiting the…
10 June 2020
1) President Trump is slipping in the polls, and this may pose a risk to the markets. Even though the wild swings of the markets have subsided and then surged…
9 June 2020
1) The worst U.S. economic downturn since the Great Depression has been officially declared a recession by the National Bureau of Economic Research. While the recession had been a foregone…
8 June 2020
1) The oil cartel OPEC+ and Russia address extending record oil production cuts with the intent to force noncompliant members to also comply with the curbs in production. The cartel…
AFRICAN AMERICANS BENEFIT LEAST ECONOMICALLY FROM THE STOCK MARKET RALLYING.
By: Economic & Finance Report With the national protests occurring in the United States. There has long been an issue about the income inequality among minorities and investment inequalities among…