ECONOMIC AND FINANCE REPORT

1) Despite being in a major recession with unemployment hovering around 22 million, the home sales market is on fire, last month setting a record 24.7% increase compared with June.…

1) A controversy has arisen on the national political scene about removal of mail sorting machines in the USPS (United States Postal Service), some charging this is an attempt to…

1) Boeing Aircraft has received its first 737 MAX orders since 2019, from Enter Air, a Polish charter airline that exclusively uses only Boeing airplanes. They have ordered two 737…

1) Walmart retailer giant has had its second quarter e-commerce sales jump by 97% with customers having packages shipped to their homes and using curbside pick-up. This adds optimism to…

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…