Stock Market Falls As Votes For Debt Ceiling Await
By: Economic & Finance Report May 30, 2023 Tuesday, the stock market has fallen waiting for results from the substance of debt ceiling talks, or lack thereof. President Biden and…
Credit Card Debt Is Piling On In 2022!!!!!!
By: Economic & Finance Report Credit card debit is piling up and not for good reason. In 2021 each corresponding quarter, credit card debt had increased tremendously. The US Federal…
Weather Channel Boss & Comedian Byron Allen Seeks To Buy Media Giant Tegna…
By: Economic & Finance Report Tegna Inc (TGNA) may soon be acquired by Weather Channel honcho Byron Allen. Tegna which was formerly owned by Gannet Inc (GNI), may be bought…
6 January 2021
1) With the ravages of the new coronavirus, Los Angeles County has been so overwhelmed it is running out of oxygen. Arizona now has the nation’s highest rate of coronavirus…
9 November 2020
1) Missouri, in what some are calling the lawsuit heard round the world, is suing China, to hold the global heavyweight responsible for the losses of life and commerce from…
30 October 2020
1) The Boeing Aircraft Co. is selling new bonds to help repay its nearly $3 billion dollars of debt. Boeing announced the sale just minutes after a downgrade to the…
4 September 2020
1) For first time since World War II the U.S. government’s debt will nearly equal the size of the entire American economy. By the end of 2020, the amount of…
18 August 2020
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…
27 July 2020
1) Another indication of the contraction of the oil business is the oil services company Schlumberger who cut 21,000 jobs or about one fifth of its 105,000 global employees. This…
24 July 2020
1) The parent company of Ann Taylor and Lane Bryant clothing chains, the Ascena Retail Group Inc., will close more than half its stores, a total of more than 1,000…