ECONOMIC AND FINANCE REPORT

1) A good sign for the U.S. economy, the American shale oil companies plan to restore nearly all oil production by the end of the third quarter. This will return…

1) Across America, schools are struggling over if and how they should open and operate amidst the Covid-19 crisis while knowing students are infected in growing numbers. Schools are opening…

1) This year’s hurricane season was already forecast to be a very active season, but now is going from bad to worst because of La Nina. The hurricane season was…

1) Another national retail outlet, Stein Mart, is going the way of the brick and mortar retail system announcing they are closing all their stores in bankruptcy amid Covid-19 pandemic.…

By: Economic & Finance Report Former Vice President Joe Biden has chosen California Senator Kamala Harris as his Vice Presidential candidate. Senator Harris was a presidential candidate during the 2020…

1) Both Japan and China are building up their military forces for possible future contest over Pacific islands. This is another sign of China’s increasing contentious relations with neighbors, in…

1) Online retailer giant Amazon is considering taking over closed department stores in some malls to use as warehouses in their distribution system. Amazon is in talks with Simon Property…

1) With the expiration of the stimulus bill, there are now 40 million Americans who are at risk of eviction unless the new stimulus bill is passed. This means the…

The recent civil unrest for the last two months in several cities, vividly shows the process of social mitosis at work. James Lyman BSAE, BSEE, MSSM The murder of George…

1) Another drop in applications for unemployment benefits is giving hope for the economy. For the week ending 1 August, there were 1.19 million jobless claims, down by 249,000 claims.…