ECONOMIC AND FINANCE REPORT

1) Ikea, the big Swedish world wide modular furniture manufacture, has experienced a surge in sales from the pandemic as people turned homes into offices and schools. Their online sales…

1) There are mounting fears that a surge in Covid-19 this fall and winter could kill 2,900 people a day in America. This is reminiscent of the World War I…

1) Economic watchers were disappointed with the job reports for last month, with just 661,000 jobs added and the unemployment rate down to 7.9% from 8.4% in August. But this…

1) With the government support ending the first of October, American and United airlines are cutting 32,000 jobs. The airlines received $50 billion dollars under the CARES Act to boost…

1) After two previous recalls for Mustangs and Super Duty pickups, Ford has announced a third recall of nearly every new vehicle it sells today, a total of about 620,246…

1) American businesses have suffered stress that is breaking many, including some in the grocery chains. Like some popular restaurant chains, some grocery chains were filing for bankruptcy before the…

1) A railroad link between Alaska and Canada has been a dream for generations, because such a rail link would reduce Alaska’s costs for goods and services. It would also…

1) Another round of protest against the police was spurred by the grand jury in Kentucky deciding to indict only one of the three officers in the case of the…

1) Tim Kendall, former Facebook director of monetization, says that Facebook "took a page from Big Tobacco's play book, working to make our offering addictive at the outset." The greater…

1) California's annual bout of fires has just added a new dimension to the state's history. The Creek Fire has become the state's single most massive wildfire in history by…