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, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
General Motors will delay introducing a new Buick electric vehicle (EV) and the opening of an electric truck factory, CEO Mary Barra said in a call with analysts last week.
The troubled New York Community Bancorp (NYCB) reported a $323-million loss in the year’s second quarter. During the same period in 2023, it turned a profit of $400 million.
As we have long noted, the decline in luxury sales is an important trend indicator. As the old saying goes: “The Fish Rots from the Head Down,” and we are providing the facts in this SPOTLIGHT, to illustrate the economic danger ahead.
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, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
From March of 2020, to March of this year, the average price of a new car spiked nearly 30 percent while the average price of a used car jumped 34 percent.
We maintain our forecast for slower growth for the U.S. GDP through the rest of this year. Second-quarter results from three businesses in key consumer sectors, as we note with this SPOTLIGHT, offering evidence this forecast is correct.
After cutting its key interest rate by a quarter point in June, the Bank of Canada did so again this month, bringing the rate to 4.5 percent