News
January Retail Sales Numbers Swollen by Inflation
Retail sales adjusted for seasonal variation but not for price changes were up 3.8% month-over-month in January and 13% year-over-year,...
Buffett Activision Deal Hits Jackpot
Warren Buffett’s Berkshire Hathaway, will make a windfall profit on Activision Blizzard shares it bought in the 4Q21 after Microsoft...
FBI Issues “BlackByte” Cybersecurity Advisory
The FBI has issued a warning that a ransomware group called “Blackbyte” has successfully attacked US and foreign entities including...
Business Inputs See Major Price Hikes
Processed goods for intermediate demand, the US Bureau of Labor Statistics’ category for measuring the price of business inputs, rose...
Fed’s Bullard: This is a lot of inflation
St. Louis Fed president James Bullard highlighted the need for the central bank to intervene in forty-year record inflation, noting...
US-Canada Border Corridor Reopens
Canada’s busiest commercial route connecting automotive sector producers in the Toronto, Ontario, and Detroit, Michigan areas reopened again thus Sunday...
Nonfarm Payroll Employment up in Metropolitan Areas in December
In December nonfarm payroll employment was up in 108 US metropolitan areas and unchanged in the remaining 281, according to...
US Consumers: Making Money Key Feature for Metaverse
Earning money was ranked number one by 1000 US consumers surveyed for Hong Kong-based blockchain and metaverse business Advokate, followed...
Europe’s Consumers are Sitting on 1 Trillion Euros in Pandemic Savings
In ordinary times, Europeans save around 12 percent of their income. But as families stayed at home and furlough schemes...
Twitter Rakes in $5 billion in 2021 Revenues: Loses Money
Despite garnering $5.08 billion in revenues tech-giant Twitter reported a net loss of $221 million in its fiscal year 2021...
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