November 30, 2021
“Lines outside bread stores and gas stations; farmers defaulting on loans; impromptu street demonstrations. The signs of economic distress in Turkey are all too clear as the lira continues a dizzying slide. Sporadic protests have broken out around Turkey and… Continue Reading…
November 29, 2021
“From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide. Rising inflation is leading to price… Continue Reading…
November 29, 2021
“Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber. Twitter stock was up more than 5% on the news. Dorsey currently serves as both the CEO of Twitter and Square, his digital payments… Continue Reading…
November 26, 2021
Written by Tina Martin In 2017, a poll conducted by the American Psychological Association (APA) showed that 62 percent of Americans were dealing with stress over their finances. Unfortunately, stress is linked to a number of serious mental and physical… Continue Reading…
November 26, 2021
“While people still outperform robots in a variety of tasks, economists predict that Outrider and other companies around the world are leading a shift that will displace millions of workers in retail, trucking and manufacturing over the coming decades. In Colorado,… Continue Reading…
November 26, 2021
“The rising prices for fuel, grocery items and other goods are weighing on many shoppers’ minds. Consumer confidence hit a 10-year low in November, according to the University of Michigan Consumer Sentiment Index, as inflation climbed to the highest levels since… Continue Reading…
November 26, 2021
“The biggest export out of Southern California these days is air. And it is suffocating the supply chain. Hundreds of thousands of empty containers are filling marine terminals and truck yards across the region and tying up scarce trucking equipment… Continue Reading…
November 26, 2021
“Oil prices tumbled to the lowest level in more than two months Friday as the new Covid-19 strain sparked fears about a demand slowdown just as supply increases. The leg lower came amid a broad sell-off in the market with the… Continue Reading…
November 26, 2021
“Boeing, airlines and other travel stocks tumbled on Friday after several European and Asian countries announced new travel restrictions from southern Africa because of a new Covid variant. The U.K. on Thursday said it would temporarily suspend flights from South… Continue Reading…
Economy
“Dow drops 650 points on growing omicron fears, Powell taper comments”
November 30, 2021
“Stocks tumbled Tuesday, reversing Monday’s rebound on Wall Street, as investors reassessed risks associated with the new Covid variant, omicron. Major averages dropped to their session lows after Federal Reserve Chairman Jerome Powell said the central bank will discuss speeding up the… Continue Reading…
Share this: