September 18, 2023
“…Large auto makers are losing huge money on the EV transition that is essentially being forced down their throats by worldwide governments. Consider this: before any new contract with the UAW, Ford’s EV unit was slated to lose $4.5 billion… Continue Reading…
September 18, 2023
“…According to the UN Development Programme, “humanitarian partners are requesting $71.4 million to respond to the most urgent needs of 250,000 people targeted out of the 884,000 people estimated to be in need, over the next three months.” Roula Abubaker, a… Continue Reading…
September 13, 2023
“…The CRR’s findings are stark. Fully half of the nation’s working-age households will not have enough money to maintain their standard of living once in retirement. Making matters worse, this study assumes a strong working and saving life in which… Continue Reading…
September 12, 2023
“At least 10,000 people were feared missing in Libya on Tuesday in floods caused by a huge storm that burst dams, swept away buildings and wiped out as much as a quarter of the eastern city of Derna. More than… Continue Reading…
September 8, 2023
“Generally, the inventory losses are only a small fraction of the retailers’ net sales. They also pale in comparison to other factors squeezing margins, such as excessive discounting and promotions, according to a CNBC analysis of their balance sheets. While… Continue Reading…
September 7, 2023
“… Nearly 1 in 3 say a salary between $50,000 and $99,999 would suffice, the survey of over 4,300 adults found. Still, 52% of Americans say they would require at least $100,000 a year to be financially comfortable, with 26% saying… Continue Reading…
September 6, 2023
“…With food and energy costs on the rise, the pace of annual price gains soared to 58.9% last month from almost 48% in July, according to Turkey’s statistical office. The median estimate in a Bloomberg poll of economists was 55.9%.… Continue Reading…
September 4, 2023
“Homeowners are facing a “cost of owning crisis” as rapidly falling house prices push tens of thousands into negative equity. The National Institute of Economic and Social Research (Niesr) said August’s sharp drop in house prices meant that 50,000 people had fallen into this predicament… Continue Reading…
September 4, 2023
“…“I think we are we facing the impact of the double crisis,” Gentiloni said in reference to the geopolitical impact from Russia’s full-scale invasion of Ukraine and the subsequent economic hit to the European continent. “From a geopolitical point of… Continue Reading…
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