ECONOMIC AND FINANCE REPORT

1) Moody’s estimates the losses from hurricane Florence and subsequent flooding between $38 to $50 billion dollars. North Carolina’s agriculture industry has suffered major loses in both crops and livestock.…

1) Britain has again declared they will exit the EU (European Union) even if negotiations are not completed at the end of March. The EU council president is calling for…

1) The Bank of Japan is holding steady amid economic uncertainty, signaling confidence in Japan’s future economy. 2) China announced it will not devalue its currency to boost its exports.…

1) China is out of ‘bullets’ in the US-China trade war. Because China imports so little American products, China can only counter President’s Trump’s $200 billion dollars with just $60…

1) A glitch in Uber’s system is keeping their drivers from getting paid immediately. This leaves drivers with the problem of paying for gas to operate their Uber service. 2)…

1) California has the highest poverty rate in America. Faced with problems of a shrinking tax base with 140,000 tax paying residents leaving last year, a growing high cost of…

1) Hurricane Florence fills the news with promises of wide spread destruction of property, resulting in huge financial losses up and down America’s economy. 2) This month is the tenth…

New article posted below titled “The Jobs for the Young – Going, Going – Gone!” 1) New York City has replaced London as the world’s center of financial trade. 2)…

New article posted below titled “The Jobs for the Young – Going, Going – Gone!” 1) World markets closed with a 14 month low because of the US-China trade war,…

New article posted below titled “The Jobs for the Young – Going, Going – Gone!” 1) The crypto currency Bitcom down 20% in 2 days amid legitimacy crisis. With no…