8 October 2019
1) GE (General Electric) announced they will freeze pensions for about 20,000 salaried U.S. employees in order to help the ailing conglomerate cut debt and reduce its retirement fund by…
1) GE (General Electric) announced they will freeze pensions for about 20,000 salaried U.S. employees in order to help the ailing conglomerate cut debt and reduce its retirement fund by…
1) Saudi Arabia has restored 75% of its crude oil output and will have restored full production by next week. The September 14 attacks had reduced crude production to half,…
1) The woes of traditional American big box retailers continues with J.C. Penney seeking strategies to keep their money losing company afloat. The company is in talks with specialist on…
1) News for budding entrepreneurs. Each year, roughly 30,000 new consumer products are introduced to the market place, but 95% of them fail. The primary reason for failure is lack…
1) Estimates for National Employment Report forecast 140,000 new jobs, but private employers added just 102,000. This compares to 41,000 new jobs for the pervious month. This report comes ahead…
1) Venezuela has 1,700,000% inflation rate, its money now so worthless that the people are now using the Columbia Peso to do business such as paying for labor and buying…
1) Presently, China and other foreign investors hold more than 30% of America’s debt. 2) Economic computer models shows that today, there are the same economic flaws and problems found…
By: Economic & Finance Report https://soundcloud.com/economic-financereport/efr-podcast-episode-19-2017-yearly-wrap-up-review-bitcointrumps-repub-tax-bill-china-debt Mega host Sammy BE (Bizman Bassey) co host James Lymon, along with Jon Don Sterling (on the boards), wrap up 2017 with a year…
By: Economic & Finance Report Approx. 13 of the 18 casino’s operating in Puerto Rico are restored; after the devastation that rocked the US island that houses close to 4…
By: Economic & Finance Report Standard and Poor downgraded Brazil’s debt credit to “Junk”. The Bovespa stock index fell 0.33% Thursday, by end of the day. Brazil must cut spending…