Blogs
Phone Data Shows The Retail Recovery Has Stalled In Covid Hotspots
Article By:
Mish Shedlock
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Friday, July 10, 2020 12:07 AM EDT
Retail foot traffic is falling especially in COVID hotspot states.
E LIT: Bet On Electric Cars And 5G With This ETF
Article By:
Power Hedge
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Thursday, July 9, 2020 11:00 AM EDT
The rise of electric cars and 5G are some of the biggest trends in technology right now. These technologies all require lithium to power them. Thus as they become more dominant, lithium will be in high demand. This ETF is one good way to play this.
83% Of German Firms With International Exposure Warn Of Collapsing Revenues
Article By:
Tyler Durden
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Thursday, July 9, 2020 3:04 AM EDT
Germany eased strict social distancing restrictions on April 20 and started the process of reopening its economy. However, the consequence of closing businesses resulted in a deep recession in the first half of the year for the exporting nation.
In this article: EWG
Wide Consumption Driving The Processed Meat Market
Article By:
Steve Blade
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Wednesday, July 8, 2020 9:17 AM EDT
Due to the high consumption and demand for meat, many companies are investing in the processed meat business for a high return of profit.
Downward Revision In GDP And Consumption Outlook
Article By:
Menzie Chinn
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Monday, July 6, 2020 3:15 AM EDT
Consumption rates are key in understanding the differences between the 2H20 forecasts of Goldman Sachs and the Congressional Budget Office (CBO).
In this article: GS
Merkel Warns Of Need To Prepare For No-Deal Brexit
Article By:
Paul Hodges
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Sunday, July 5, 2020 9:50 AM EDT
From January, UK businesses will likely be operating on WTO terms with their main trading partner, as the government has chosen not to extend the EU Transition Period beyond December .
What Does 1GB Of Mobile Data Cost In Every Country?
Article By:
Jeff Desjardins
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Sunday, July 5, 2020 5:11 AM EDT
Even in a saturated market, mobile networks have continued to expand their reach. In the last five years alone, almost one billion additional people have gained access to mobile data services.
"A Storm Waiting To Happen": The Average American's Power Bill Is About To Rise As Much As 30%
Article By:
Tyler Durden
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Saturday, July 4, 2020 6:45 PM EDT
With rising temperatures during what is expected to be a blistering summer, most consumers are about to face "sharp increases" in electric bills that could "drive some to the brink of financial ruin"
In this article: XLU
Stocks End Quarter With Nice Finish As Jobs Report Dazzles
Article By:
Yale Bock
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Saturday, July 4, 2020 6:09 PM EDT
It was a quiet week in the markets with a strong finish to an excellent second quarter. The June jobs report came in much better than expected (4.8 million) and it shows there certainly is a chance the economy will rebound quicker than many expect
In this article: SPX
Trump Extends Payroll Protection Program Another Five Weeks
Article By:
Mish Shedlock
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Saturday, July 4, 2020 5:09 PM EDT
Four days ago the Senate agreed to extend the PPP program. Today, President Trump signed the bill, giving businesses five more weeks of payroll protection.
An Employment W – What Would It Take?
Article By:
Menzie Chinn
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Saturday, July 4, 2020 4:18 PM EDT
What if hospitality and leisure and retail employment dropped back to May levels, and the rest of nonfarm payroll employment increased by 2 million (it increased by 1.972 million in June). Then what would overall employment look like?
"Stressed All The Time" - Millennials/Gen Z-ers See Job Mobility Plunge
Article By:
Tyler Durden
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Sunday, June 28, 2020 12:49 PM EDT
The Deloitte Global Millennial Survey 2020 found nearly half of all Gen Z and millennial respondents were stressed during the COVID-19 pandemic as job mobility declined.
Gab CEO Warns Visa Is Helping To Bring China's "Social Credit Score" To America
Article By:
Tyler Durden
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Sunday, June 28, 2020 11:17 AM EDT
US corporations like Visa have started to create their own version of China's "social credit score" metric in the US.
In this article: V
"Restaurant Of The Future" - KFC Unveils Automated Store With Robots And Food Lockers
Article By:
Tyler Durden
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Sunday, June 28, 2020 1:48 AM EDT
Fast-food chain Kentucky Fried Chicken has debuted the "restaurant of the future," one where automation dominates the storefront, and little to no interaction is seen between customers and employee
In this article: YUM
HH Two Million Restaurants Worldwide At Risk Of Collapse
Article By:
Tyler Durden
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Saturday, June 27, 2020 9:14 PM EDT
With coronavirus cases rising again globally, slumping restaurant traffic is going to be disastrous for heavily indebted eateries betting on a reopening.
In this article: BKNG
The Great Transformation: Robots Will Displace 20 Million Jobs By 2030
Article By:
Tyler Durden
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Friday, June 26, 2020 11:55 PM EDT
A new report by Oxford Economics says accelerating technological advances in automation, engineering, energy storage, artificial intelligence, and machine learning have the potential to reshape the world in the 2020s through 2030.