More than 3,750 people have been killed and at least 15,600 injured since war escalated between Hezbollah and Israel in October 2023.
Author: admin
Post
TOP TREND 2024: EV GO FU
Europe’s weak economy, the slumping market for electric vehicles (EVs), and sharpened competition, especially in and from China, has prompted Ford Motor to announce layoffs of about 4,000 workers on the continent—about 14 percent of its workforce there—before 2028.
Post
ECONOMIC BRIEFS
Britain’s shoppers cut their spending by 0.7 percent in October from September in anticipation of higher taxes, The Wall Street Journal reported, but “there are signs spending could pick up in coming months,” the journal said.
Post
CHINA’S MASSIVE HIGH-SPEED RAIL NETWORK: PRIDE AND PROBLEMS
Over the past 12 years, China has poured close to $1 trillion into building 30,000 miles of high-speed rail linking the country’s major cities.
Post
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The retail, restaurant, manufacturing, automotive, and tech industries continue to be hit hard as prices increase and demand slows.
Post
TRUMP PICKS BESSENT AS TREASURY CHIEF
Billionaire hedge fund manager Scott Bessent, founder of Key Square Capital Management, is Donald Trump’s choice to become U.S. treasury secretary and to lead implementation of his controversial economic agenda.
Post
THE DEFINITION OF SUCCESS: $5.3 MILLION, AMERICANS SAY
To be considered financially successful, a person needs an annual salary of $270,000 or else a net worth of $5.3 million, according to the majority of the 2,203 people in a new survey by Empower, a financial services company.
Post
OCTOBER HOME SALES JUMPED AS INTEREST RATES FELL
In October, sales of existing homes climbed 3.4 percent from September, the National Association of Realtors (NAR) reported. Sales were up 2.9 percent year on year.
Post
U.S. ECONOMY NOW MORE VULNERABLE TO PRICE SHOCKS, FED OFFICIAL WARNS
The U.S. is now more vulnerable to inflation shocks than in the past, Thomas Barkin, president of the Federal Reserve Bank of Richmond, told the Financial Times.