ECONOMIC AND FINANCE REPORT

1) U.S. retail sales surged in January, the most in seven months, beating all estimates. This suggests fresh stimulus checks helped spur a rebound in household demand following a weak…

1) Demand for natural gas is currently at an unprecedented level according to Atmos Energy, because of freezing rain, snow, ice and dangerous travel conditions. Atmos Energy is asking all…

1) General Motors boldly announced plans to make only battery-powered vehicles by 2035, breaking from more than a century of internal combustion engines. However, the future for 50,000 GM workers,…

1) General Motors is the latest automaker to report that a global chip shortage is affecting its production. Other automakers include Stellantis, Volkswagen, Ford, Nissan, Subaru, Renault, Honda, Toyota, and…

By: Economic & Finance Report Former Finance Minister of Nigeria, Ms. Okonjo Iweala has emerged as the first woman and African, to lead the World Trade Organization (WTO). She was…

1) The Colt Manufacturing Company is ending 175 years as an American gunmaker with the purchase by the Czech firearms company CZG. Colt, a financially troubled company, that with its…

America isn’t the only one racking up huge national debts to prop up their economies . . . and there’s the danger! James Lyman BSAE, BSEE, MSSM As the debates…

By: Economic & Finance Report www.yotube.com/Economic&FinanceReportEFRTV www.soundcloud.com/Economic-FinanceReport

1) A massive winter storm system, a polar vortex, will bring sever winter storm conditions with ice, snow, and very low temperatures to millions of Americans from Texas to New…

1) The Ford Motor Co. has ended its joint venture of electric vehicles with China’s auto maker Zotye, a company with financial troubles so severe that it’s fighting for survival.…