Capital One bank will buy Discover Financial, the issuer of the Discover credit card, in an all-stock deal that will create a unified global payments system.
Tag: U.S. economy
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
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.
DEMAND SHRINKS FOR WAREHOUSE SPACE
Retailers’ need for storage space boomed as e-commerce exploded during the COVID War and continued growing post-COVID as supply chains untangled and back-ordered goods flooded into the economy.
IN THE NAME OF EFFICIENCY, COMPANIES FIRE WORKERS
Thirty-eight percent of executives responding to a ResuméBuilder survey expect layoffs this year.
NO INFLATION? COST OF OWNING AND OPERATING A CAR KEEPS RISING
The annual cost to own, insure, fuel, and maintain a new car climbed to $12,182 in 2023 from $10,728 in 2022, according to AAA. Other expenses such as parking fees and road tolls were additional factors that boosted the cost.
MORTGAGE RATES CLIMBING: REAL ESTATE COLLAPSE COMING?
The interest rate on a home mortgage loan has risen to its highest since mid-December, stalling progress on reviving the housing market.
ECONOMIC UPDATE – MARKET OVERVIEW
Where is the economy going, what’s next, and what to do? In order to forecast the economic future, we have to know about the current events forming future trends.
TOP TREND 2023 OFFICE BUILDING BUST: COMMERCIAL REAL ESTATE CRISIS COMING
About $929 billion in commercial real estate loans are coming due this year, the Mortgage Bankers Association (MBA) says, a jump of more than 40 percent from the $659 billion the group had estimated previously.
SPOTLIGHT: BIGS GETTING BIGGER
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.