Tag Archive for: mar 30 2021
CINEWORLD LOSES $3 BILLION, GOES DEEPER INTO DEBT. The world’s second-largest chain of movie theaters lost $3 billion in...
As we reported in the Geopolitical section of this Trends Journal, as evidenced by the recent meeting with U.S....
OIL TRADER CHARGED WITH MARKET MANIPULATION
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, mar 30 2021, 1Emilio Heredia Collado, a former oil trader with Glencore PLC, an Anglo-Swiss mining and commodity trading firm, has pleaded...
TWO DEALS CONTINUE BOOK INDUSTRY’S CONSOLIDATION
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, mar 30 2021, 2News Corp, the owner of the Wall Street Journal and other business periodicals, has agreed to pay $349 million...
LIGHTS ARE COMING BACK ON IN AIRPORT SHOPS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, mar 30 2021, 0Not only airlines were crippled by the global collapse of air travel last year; U.S. airport shops and restaurants...
TURKEY’S FINANCIAL MARKETS CRASH AFTER AGBAL FIRING
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, mar 30 2021, 1On 22 March, Turkey’s financial markets seized up and its currency’s value slid after the weekend firing of central...
For the ninth consecutive year, Japan's legislature has passed a record-high budget, this time calling for ¥106.61 trillion to...
IN EUROPE, MORTGAGE LENDERS PAY BORROWERS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, mar 30 2021, 2In Portugal and Denmark, where commercial interest rates have dipped below zero, some people with mortgages collect monthly payments...
IMF WARNS AGAIN OF DIVERGING RECOVERIES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, mar 30 2021, 0Although the global economy has slightly recovered from the COVID War that resulted in massive lockdowns, broad areas and...
BANKS FACE MASSIVE LOSSES AS HEDGE FUND DEFAULTS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, mar 30 2021, 4As we noted in the U.S. Markets Overview, one of the reasons for the fall in today’s Dow was...
PLAN WITHDRAWN THAT WOULD LIST NFL GAMES ON FUTURES MARKET
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, mar 30 2021, 1A proposal to write futures contracts on National Football League games was withdrawn by ErisX, its creator, as the...
NEWS CORP WILL BUY INVESTOR’S BUSINESS DAILY
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, mar 30 2021, 2News Corp, the Murdoch family empire that owns the Wall Street Journal, will buy the Investor’s Business Daily (IBD)...
NEW YORK’S SUBWAY SYSTEM FACES A CASH-STARVED FUTURE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, mar 30 2021, 3After plummeting 93 percent at the depths of the pandemic last spring, ridership on New York City’s subway system...
ROCK-BOTTOM RENTS MAY REVIVE NYC BUSINESS ECONOMY
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, mar 30 2021, 1Since the 1990s, Manhattan’s property prices have been rising, squeezing out many small businesses. Then the COVID War was...
NEW YORK BUSINESSES WARN GOVERNOR AGAINST TAX HIKE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, mar 30 2021, 3Businesses in New York state are calling on Governor Andrew Cuomo to not enact a range of tax increases...
MULTI-GENERATIONAL HOME OWNERSHIP ON THE RISE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, mar 30 2021, 2From April through June 2020, 15 percent of homes sold were bought by multigenerational families, up 11 percent July...
REAL ESTATE AGENTS OUTNUMBER HOUSES FOR SALE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, mar 30 2021, 3On 31 January, there were 1.04 million homes for sale in the U.S., according to the National Association of...
A record 31.2 percent of people using real estate brokerage Redfin’s website to look for new homes in January...
Wall Street’s favorite new gimmick, which we noted in last week’s Trends Journal and this one – special-purpose acquisition...