AIRLINES STILL IN A TAILSPIN. American Airlines reported a 2020 loss of almost $8.89 billion, JetBlue almost $1.4 billion,...
Tag Archive for: feb 2 2021
Lai Xiaomin, a former employee of Huarong Asset Management, was executed last week, three weeks after being convicted of...
Developing nations’ businesses and governments sold a record $115.2 billion in bonds to foreign investors during the first 27...
COVID cases are dwindling in India after a severe lockdown, which shrank the economy by 15 percent from April...
Germany’s consumer prices rose 0.7 percent in December, then the rate more than doubled to 1.6 percent in January,...
The number of condominiums for rent in Canada’s largest city ballooned by 132 percent in the last quarter of...
Canadian hotels, financially drained after months of occupancy rates below their break-even points, have seen their property insurance premiums...
As the COVID pandemic ends, governments should not rush to reduce their debt but “rethink” their financial policies so...
JPMorgan Chase has hired 400 people to create a digital bank in the U.K., the financial giant has disclosed....
In 2020’s fourth quarter, McDonald’s U.S. sales in stores open for more than a year rose 5.5 percent compared...
S&P Global Ratings may cut the credit ratings of major oil companies as the world shifts from petroleum-powered engines...
Although 37 states added jobs in the building trades in November and December, the total number of U.S. construction...
“It’s fair to assume we’re going back into an era of inflation,” Larry Fink, chairman and CEO of BlackRock,...
At its meeting in late January, the U.S. Federal Reserve left interest rates and its bond-buying policies unchanged amid...
President Biden has signed an executive order directing federal agencies to spend more of the government's annual $600-billion purchasing...
New claims for unemployment benefits, an indirect measure of layoffs, slipped to 847,000 in the week ending 23 January,...
U.S. household income from salaries, wages, investments, and government aid edged up 0.6 percent in December from November, the...
The U.S. economic recovery slowed in the last quarter of 2020, crippled by a surge in state lockdowns and...
by Bradley J. Steiner The field of self-defense attracts an awful lot of, shall I say, “unusual” and “strange”...