In a new report released by Morgan Stanley Wealth Management, the company’s chief investment officer, Lisa Shalett, is predicting a worse economic crash than the 2008 financial crisis in commercial real estate. Shalett wrote, “Commercial real estate, already facing headwinds …
Morgan Stanley predicts economic crash worse than 2008 for key industry Read More »
On Friday, CNBC reported that the wholesale prices for companies increased 0.3 percent in November, a signal of higher inflation on the horizon. According to the report: Wholesale prices rose more than expected in November as food prices surged, dampening …
On Monday, Pfizer and BioNTech announced that their COVID-19 vaccine is 90% effective, calling it “a great day for science and humanity.” The announcement came as medical experts, such as Dr. Anthony Fauci, have said a vaccine that is 50-60% …
On Friday, the Bureau of Labor Statistics (BLS) released the newest job numbers, which show steady growth, despite the coronavirus and Boeing Co. halting production temporarily tanking markets due to the global ramifications of the crisis. 225,000 jobs were created, …
January jobs numbers CRUSH expectations despite rocking markets Read More »
On Tuesday, stock markets snapped back after a 600-point drop due to concerns about the deadly coronavirus originating in China. The recovery was somewhat due to Tesla’s soar after billionaire investor Ron Baron told CNBC that the electric-vehicle maker’s revenue …
‘JOBS, JOBS, JOBS!’—Trump praises huge market recovery as Dow jumps 400+ points Read More »
A new ad from one of the largest pro-Trump super PACs, The Committee to Defend the President, is targeting 2020 Democrats on their lies about who the economy is “really working for.” The ad interweaves clips of Democrat presidential candidates …
WATCH: New ad crushes Democrat lies about Trump’s great economy Read More »
Shortly after the December jobs report was released, showing continued record lowe unemployment rates and 145,000 news jobs added to the economy, the Dow Jones Industrial Average hit a record high of 29,000, with an increase of 48 points. The …
Dow hits record 29,000 for the first time EVER—Trump says ‘the best is yet to come’ Read More »
The government’s monthly jobs report released Friday once again shows healthy growth in the economy, with 145,000 jobs added in December. Another huge stat shows the unemployment rate at a record low 3.5%. According to the Washington Examiner, “Gains in …
New jobs report: 145,000 jobs added to the economy Read More »
On Wednesday, following President Trump’s address to the nation on Iran, the S&P 500 hit a record high, gaining 0.7%. According to CNBC, the Dow Jones Industrial Average gained 213 points or 0.8%, and the Nasdaq Composite advanced 0.7% and …
U.S. markets hit record highs after Trump’s address to the nation Read More »
On Monday, Boeing announced that it had fired its CEO, Dennis Muilenburg, effective immediately as it grapples with regaining trust of the public and regulators following two fatal deaths with its most popular plane, the 737 Max. Muilenberg had been …
Boeing fires CEO Dennis Muilenburg amid 737 Max crisis and failed Starliner mission Read More »
