ECONOMIC AND FINANCE REPORT

1) The stock market rallied in a big way yesterday, recovering the losses from last year, pushed up by the tech stocks and the release of their positive quarterly earnings…

1) The United States announced that economic exemptions for Iran oil will be invalid starting the second of May. There are eight countries with exemptions, Asian nations who would suffered…

1) New Jeep Wranglers are being offered for as much as $9,500 dollars off list price. There is an over supply of leftover JL Wranglers, which makes for some really…

#TheCast Podcast back @ it again….. Sammy BE @EcoFireTv, Luisa L. @LuisaModels & on the mixing boards Jon Sterling @TheDramaBlock. We are back like we never left of course, we…

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1) Amazon announced it is shutting down its store in China, and instead will focus on cross boarder global sales to China. Amazon cited the high competition in China from…

1) Increase in spending on gasoline and cars is expected to boost retail sales for March above the dismal sales of February. These numbers are being watched closely because there…

1) The Russian company Rusal plans to build an up-to-date $200 million dollar aluminum rolling mill in Kentucky, which they intend to start construction of after sanctions have been lifted.…

1) The British business climate is expected to get worst after Brexit. A survey of chief finical officers finds that a full 80% consider Britain’s economy will slump after Brexit,…

1) GE (General Electric) paid $1.5 billion dollars civil penalty for sub-prime house loans prior to 2007, to resolve claims over residential mortgage loans made by their WMC Mortgage unit,…