Category: North America (Economy, Finance, Business)

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New snapping, dissing, cracking jokes battle competition….. 1st episode had @powerofcaptainravel (Raheem Hamilton) VS. @mickeyhousley (Mickey Housley) going at it, for the dissing and snapping title, in these NYC streets….…

1) The U.S. manufacturing sector contracted the most in December, more than for a decade. Order volumes crashed to a near eleven year low with factory employment falling for a…

https://soundcloud.com/economic-financereport/efr-podcast-episode-35-end-of-the-year-wrap-up-review-2019

1) Major drug makers such as Pfizer, GlaxoSmithKline and Sanofi have plans to raise drug prices on more than 200 drugs in the United States. Nearly all of the price…

1) The ride sharing business Uber has filed a lawsuit against California, in response to a landmark gig worker law as being unconstitutional. The new law is designed to upend…

1) The automaker of electric cars Tesla has made its first deliveries of their Model 3 that were manufactured in China. The gigafactory in Shanghai is Tesla’s first outside the…

By: Economic & Finance Report 2019 was not the year of the hedge fund. Many hedge funds in 2019 were strapped for cash and liquidity was not as readily available,…

1) China has had another year of record corporate bond defaults, which is by design. Ten years ago, bond defaults almost never happened, not because Chinese businesses were healthy, but…

1) The Permian Basin continues to experience difficulties producing oil, becoming increasingly gassy as drilling slows down. This undercuts profits for producers at a time when investors are demanding better…