News
Russian Oil Exports down by 2.5 million Barrels per Day in Volatile Market
Russian oil exports were estimated to be down by 2.5 million per day, approximately one-third of normal, after the invasion...
Employment up by 678,000 in February
The unemployment rate edged down to 3.8% and 678,000 new jobs were added beating Wall Street’s expectations in February, according...
Walmart Returns to Mexico Remittance Business as Transfers Boom
With remittances from the US to Mexico up 27% in 2021, has announced it is relaunching its Walmart2Walmart money transfer...
US High-Income Consumers also Living Paycheck to Paycheck
US consumers in all income brackets including those earning more than $100,000 a year are increasingly living paycheck-paycheck, according to...
White House Requests $32.5 Billion in Additional Funding for Ukraine, COVID-19
The White House requested $10 billion for Ukraine and $22.5 billion for ongoing COVID-19 efforts, ahead of a March 11th...
Ford Accelerates Creation EV Unit
Ford is accelerating its plan to form two units, one for electric vehicles and the other for internal combustion engine...
Fed’s Powell: Rate Hikes Still on Course
Federal Reserve President Jerome Powell testified to the US congress that he was inclined to propose and support a 25-basis-point...
OPEC+ Production Regime Unchanged Despite Oil Price Spike
The OPEC+ group on Wednesday decided to continue with monthly production hikes of 400,000 barrels per day despite spiking oil...
Pentagon to Invest $1.8 Billion in Satellites for Internet
Publically traded Aerospace giants Lockheed Martin and Northrop Grumman will share $1.8 billion in contracts for a satellite-based military communications...
Agricultural Land Values Rose 22% in Midwest in 2021
The Federal Reserve’s 7th district, encompassing Illinois, Indiana, Iowa, Michigan and Wisconsin saw agricultural land values rise 22% over the...
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