Major Bankruptcies Accelerating. Through 22 May, 90 major U.S. corporations have gone bankrupt, Bloomberg reported, including Hertz, J.C. Penney,...
Tag Archive for: may 26 2020
The global economic shutdown is ravaging the developing world with a humanitarian disaster unlikely to begin to abate until...
WeWork Wants Rent Break – and So Do Its Tenants WeWork, the multi-billion-dollar landlord that rents about 11 million...
Tech Giants Plan for Shopping Spree As the economic shutdown and its aftermath persist, well-heeled tech companies are shopping...
HERTZ GOES BUST It comes as no surprise to Trends Journal subscribers. We had warned this would happen in...
Restaurants, most of which remain shut to public traffic, made up about 70 percent of the U.S. seafood industry’s...
Harley Davidson, the Milwaukee motorcycle maker, has restarted its factories in Wisconsin and Pennsylvania but will make only its...
The U.S. economy will take at least through 2021 to recover from the current shutdown, the Congressional Budget Office...
During the Great Recession, the U.S. Federal Reserve bailed out several major banks twice: the Fed gave the banks...
Almost 15 million credit-card holders entered formal “hardship” programs in April to defer or reduce their payments, according to...
About 47.5 percent of Americans live in a household that has lost income since February, according to the U.S....
Happy Days are here again? All those millions who dumped stocks following the lockdowns of economies around the world...
At this time in 2016, while all of the media and political experts predicted Hillary Clinton the clear winner...
HONG KONG: Pro-democracy leaders harshly criticized a new security law set to be enacted, which they say will weaken...
In the year 2000, newly elected Israeli Prime Minister Ehud Barak fulfilled a campaign pledge and withdrew Israeli troops...
Venezuela and Iran have something in common: both are suffering from plunging economies due in large part to harsh...
While political leaders stumble around trying to figure out how to reopen the economies they shut down, they virtually...