Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Tag Archive for: march 29 2022
CREDIT CARD PROCESSING FEES UNAFFORDABLE, CANADIAN BUSINESSES SAY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 29 2022, 0Seventy-eight percent of Canadian business owners are unable to afford credit-card processing fees, according to a new survey by...
TOYOTA SLASHES APRIL PRODUCTION BY 17 PERCENT
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 29 2022, 0Facing an ongoing shortage of computer chips and lingering COVID-related economic disruptions, Toyota will cut its global production next...
EGYPT ASKS IMF FOR AID AS WHEAT, OIL PRICES SKYROCKET
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 29 2022, 0Egypt, the world’s biggest wheat importer, has asked the International Monetary Fund (IMF) for aid to stabilize its economy...
ARGENTINA’S INTEREST RATE HITS 44.5 PERCENT. U.S. SHOULD BE 9 PERCENT.
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 29 2022, 1Argentina’s central bank has raised its key 28-day “Leliq” rate for the third time this year, this time by...
CHINA’S NEW COVID LOCKDOWNS ADD TO SUPPLY-CHAIN DELAYS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 29 2022, 0Because of new COVID lockdowns in parts of China that are the strictest since the virus’s initial outbreak more...
TOP TREND 2022: SELF-SUFFICIENT ECONOMIES. UKRAINE WAR SET THE PACE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, march 29 2022, 1"The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three...
POWELL’S “DUH” MOMENT: INFLATION IS TOO HIGH!
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 0“Inflation is much too high,” Jerome Powell, chair of the U.S. Federal Reserve, told the National Association for Business...
MIDTOWN MANHATTAN STILL HAS THE COVID BLUES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 1Around the U.S., about 40 percent of office workers have returned to their desks, as we report in this...
COMMERCIAL REAL ESTATE BUST? OFFICE OCCUPANCY RATES IN TOILET
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 3Across the country, about 40 percent of office workers are back in place on a typical workday, The New...
SOARING GAS PRICES BOOSTS INTEREST IN EVs
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 0In the week ending 13 March, a quarter of shoppers on car sales website Edmunds.com considered a hybrid or...
HIGH FUEL PRICES SQUEEZE TRUCKING COMPANIES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 0Trucking firms are seeing their profit margins shrink as diesel fuel prices rise and wholesalers and retailers both balk...
PENDING HOME SALES FELL 4.1 PERCENT IN FEBRUARY
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 3Compared to January, signed contracts for U.S. home sales slipped 4.1 percent in February, and 5.4 percent from a...
FED’S RATE HIKE CUTS NUMBER OF MORTGAGE APPLICATIONS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 0The number of applications for mortgages to buy a home or refinance a loan dropped by 8.1 percent during...
U.S. OIL INDUSTRY WILL NOT RAISE OUTPUT, EXECUTIVES SAY
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 3Oil prices have rocketed 88 percent since the end of 2019, but U.S. production for the week ending 18...
NEW UNEMPLOYMENT CLAIMS FALL TO LOWEST IN 53 YEARS: THE UPS AND DOWNS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 0New applications for unemployment payments dropped to 187,000 during the week ending 19 March, the smallest weekly cohort since...
THIRD OF AMERICANS EXPECT WORSE TIMES TO COME
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 3Thirty-two percent of American adults—virtually one in every three—expect their financial situations to worsen this year, according to the...
YIELD CURVE INVERTS FOR FIRST TIME IN 16 YEARS, HINTING AT RECESSION
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, march 29 2022, 2On 28 March, for the first time since 2006, the yield curve between U.S. five-year and 30-year treasury notes...
The U.S. Federal Reserve favors innovation in digital financial products, but “it is easy to see the risks” in...
About 85 percent of investment advisors are not yet putting clients’ funds into cryptocurrencies, according to a Bitwise Asset...