Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Tag: U.S. economy
TOP TREND 2023: OFFICE BUILDING BUST
The number of commercial real estate sales in Europe during this year’s first quarter was 26 percent below the same period in 2023, falling to a value of €34.5 billion, the Financial Times reported.
UPS REVENUE SHRINK SIGNALS SLOWDOWN
Global package handler UPS posted revenue 5.3 percent lower in this year’s first quarter than the same period a year earlier.
PEPSICO REPORTS HIGHER PROFITS ON LOWER SALES VOLUME
PepsiCo reported first-quarter sales revenue 2.3 percent above those a year earlier to $18.25 billion, beating analysts’ forecasts, even though sales volume dropped 2 percent during the period.
HOSPITAL PRICES AND PATIENTS PAY MORE AFTER MERGERS
After hospitals merge, their prices for patient care rise and patients indirectly are handed a large share of the higher bill, according to a study published 24 April by the American Economic Review.
WHITE-COLLAR HIRING HAS STALLED
The rate of hiring in accounting, finance, law, media, professional services, and technology is only about a third of that for the labor market as a whole, Bloomberg reported.
INFLATION HOLDS, GROWTH SLOWS IN FIRST QUARTER
The U.S. economy grew by 1.6 percent in this year’s first quarter, adjusted for inflation, the commerce department reported.
ECONOMIC UPDATE – MARKET OVERVIEW
From housing to healthcare, from junk food to soda, across the spectrum inflation is eating away at consumers’ disposable income, and they are feeling the pinch.
AMERICAN DREAM DYING. PLANTATION WORKERS OF SLAVELANDIA TOO POOR TO BUY A HOUSE
The median selling price of a U.S. single-family home has reached $393,500, according to the National Association of Realtors. The U.S. Census Bureau pegs the price at $430,000.
TOP TREND 2024: BANKS GO BUST
Many U.S. regional banks posted steep drops in first-quarter profits and warned that the future looks no brighter.