10 August 2020
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…
Black Lives Matter and Social Mitosis
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…
7 August 2020
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.…
6 August 2020
1) Rocket Companies Inc., the parent company of Rocket Mortgage and Quicken Loans, is trying to raise $2 billion dollars with an IPO (Initial Public Offering) after an initial capital…
5 August 2020
1) The FAA (Federal Aviation Administration) has issued a 36 page document detailing the fixes and training that Boeing needs to implement so the 737 MAX can return to commercial…
4 August 2020
1) Tailored Brands, who owns Men’s Wearhouse and Jos. A. Bank, has filed for bankruptcy, becoming the latest retailer to succumb to the pandemic. The Covid-19 has wiped out demand…
3 August 2020
1) Another sign of how badly the pandemic has wrecked the world economy is the huge losses that Exxon Mobil and Chevron have reported for the second quarter. The losses…
MICROSOFT TALK HEATS UP IN PURCHASING TIK TOK APP!!!!!!!!!!!!
By: Economic & Finance Report Say it ain’t so….. Well there is a lot of chit chat and jibber jabber that Mr. or Ms. Internet Explorer (however you want to…
31 July 2020
1) The American economy last quarter is the worst on record, with a 32.9% annual rate contraction (April – June). American business ground to a halt from the pandemic lockdown…
BUSINESSMAN & FMR PRES. CANDIDATE HERMAN CAIN HAS DIED….
By: Economic & Finance Report Businessman and former Republican presidential candidate Herman Cain has died from corona virus (Covid-19) at age 74 years old. Mr. Cain was a Republican presidential…