21 December 2020
1) There is a move in congress, lead by Rep. Ayanna Pressley, urging President-elect Joe Biden to cancel up to $50,000 per person in federal student debt. Supporters of the…
1) There is a move in congress, lead by Rep. Ayanna Pressley, urging President-elect Joe Biden to cancel up to $50,000 per person in federal student debt. Supporters of the…
1) Crude oil prices and energy stocks aren’t the only things that have fallen during this oil downturn, land prices with potential oil shale have also plummeted. The average price…
By: Economic & Finance Report Jack Ma’s Ant Group IPO was supposed to be going public on the Shanghai Stock Exchange recently, but has been halted by the Chinese government…
1) Five American companies make up 24% of the S&P 500 Index, the big high tech companies Apple, Amazon, Microsoft, Facebook and Alphabet. These five companies made up 17% of…
1) Another sign of how badly the pandemic has wrecked the world economy is the huge losses that Exxon Mobil and Chevron have reported for the second quarter. The losses…
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…
By: Economic & Finance Report With the national protests occurring in the United States. There has long been an issue about the income inequality among minorities and investment inequalities among…
1) The managing director Kristalina Georgieva of the IMF (International Monetary Fund) says the Fund is likely to revise downward its forecast of a 3% contraction of the GDP (Gross…
1) One developing economic crisis from the coronavirus is non-payment of rents. Renters tend to have less cash reserves than home owners, and for those renters not working, a large…
1) The massive internet retailer Amazon has just been granted a patent for robots that drop off bunches of items on delivery routes. The robot has storage compartments where the…