ECONOMIC AND FINANCE REPORT

1) The international British Airways has announced they are retiring their entire fleet of Boeing 747 jets, a direct result of the Convid-19 crisis. Once one of the biggest airlines…

The ever shrinking economic opportunities for the millennials and generation-Z are leaving them with the worst deal ever. James Lyman BSAE, BSEE, MSSM Because of the continual displacement of jobs…

1) Looming in the wings of the pandemic crisis is another major crisis . . . and epidemic of evictions. With the unemployment rate still more than 10% and eviction…

1) Delta Airlines is expecting to spend up to $3.3 billion dollars on buyouts and early retirements in an effort to slash their labor cost. So far, 17,000 employees have…

1) Boeing aircraft has released its second quarter delivery numbers and they are not good for the worlds second largest aircraft maker. For the second quarter, Boeing delivered a total…

The restaurant chains were in trouble before the pandemic struck, which is now driving many out of business. Big well known names such as Steak ‘n Shake, which has closed…

1) Robert De Niro, the world famous actor, has had his personal finance’s badly hit by the coronavirus pandemic. He’s been forced to cut the credit limit of his ex-wife…

https://www.youtube.com/watch?v=ujgmW1a0OBM

1) There are predictions of a relentless heat wave to blanket the U.S. for the next several weeks. This heat wave is just starting in the South, but is expected…

1) In a move that shows just how much troubled the airline industry is, United Airlines is sending out layoff warnings to half of its U.S. staff, or about 36,000…