ECONOMIC AND FINANCE REPORT

1) Bad news from the conronavirus continuing to pile in with a just-released report that 60% of the small businesses that have closed because of the virus, and will never…

1) Michael Farr of CNBC claims the problem with the U.S. economy is there are too many poor people, that the poor and middle class don’t have enough money. His…

By Economic & Finance Report US Supreme Court Justice Ruth Bader Ginsburg died on Friday, Sept. 18, 2020. She spent much of her legal career advocating for gender equality and…

1) The batteries in electric cars don't last forever, so therefore they must be replaced from time to time. That leaves defunct batteries which must be disposed of. One company…

By: Economic & Finance Report Wealthy Americans are monitoring their finances and tax proposals from both candidates as the 2020 presidential election gets closer. Money managers, financial advisors and accountants…

1) The Federal Reserve announced it is keeping its key policy rate unchanged and it intended to keep interest rates near zero for a least the next three years. This…

1) A survey by Photonics and Harris Insights and Analytic, a market research company, has found that 35% of Americans would like to avoid traditional in-store shopping, another indication of…

1) The old, almost extinct vinyl record album technology for music has surpassed the newer high technology CD music media this year, by selling $129.9 million compared to $232.1 million…

1) With 13 million Americans unemployed and their unemployment benefits running out, many will have only seasonal jobs to turn to. But with such wide spread unemployment, getting hired for…

1) The new jobless numbers indicate the U.S. job losses persist with claims higher than was forecasts. Jobless claims were unchanged at 884,000 for last week, with the total number…