Activity in Germany’s export-dependent manufacturing sector fell again this month, sliding more than expected.
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EUROZONE BUSINESS ACTIVITY NOT VERY ACTIVE
After flatlining last year, the Eurozone’s business activity has been struggling back toward growth this month, led by the services sector.
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GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
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AMERICA’S WEALTHY HIDE $150 BILLION A YEAR FROM TAXES, IRS CHIEF SAYS
U.S. millionaires and billionaires evade $150 billion a year of their fair share of taxes, Danny Werfel, commissioner of the Internal Revenue Service, said last week in a CNBC interview.
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23 PERCENT OF NEW YORKERS ARE NOW POOR, STUDY SAYS
Poverty in New York City had been easing down for several years but spiked back up in 2022 by about 500,000 people, leaving 23 percent of city residents unable to afford essentials such as rent and food, according to a study from Columbia University.
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HOME SALES BOUNCE BACK IN JANUARY
U.S. home sales grew by 3.1 percent in January from December, the largest monthly jump since August 2023, the National Association of Realtors (NAR) reported. However, sales of existing homes, which make up about 70 percent of the market, were still down 1.7 percent year on year.
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CREDIT CARD COMPANIES KEEP RIPPING OFF CARD HOLDERS WITH HIGH INTEREST RATES
U.S. credit card companies have raised their interest rates an average of 4.3 percentage points over the last 10 years, which is allowing them to collect an additional $25 billion a year from cardholders, the Consumer Financial Protection Bureau (CFPB) has calculated.
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DRINK UP! ABOUT 70 MILLION AMERICANS EXPOSED TO TOXIC ‘FOREVER CHEMICALS’
The Environmental Protection Agency released a new report that found at least 60 percent of the U.S. population is exposed to “forever chemicals” in their tap drinking water—raising new concerns about the impact of these toxic PFAS on the public’s health.
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NULAND SELLS UKRAINE WAR AS IT REACHES 2-YEAR ANNIVERSARY
Victoria Nuland, the State Department’s #2 most important person, tried a new approach to sell the Ukraine War to Americans by stating that Ukraine just needs a little more money to win, and if Russian President Vladimir Putin wins, other tyrants will look to invade other countries.