By Robert Romano Citigroup Inc., JPMorgan Chase & Co. and Morgan Stanley are underwriting part of what could be a $40 billion initial public offering (IPO) for Ant Group Co. in Hong Kong and Shanghai, which China-controlled megacorporation Alibaba owns a 33 percent share of, raising concerns that […]
By Megan Marzzacco COVID-19’s drastic economic impact has stripped away decades of women’s advancement in the workplace. Although women make up a smaller portion of the workforce, more women lost their jobs at the height of the state-led coronavirus shutdowns than men, Bureau of Labor Statistics data […]
By Rick Manning America has gone through a lot since Labor Day 2019. Hurricanes, the Chinese-originated virus, economic shutdowns, torching of cities, murder hornets, communist driven riots, Rachel Maddow ramblings, earthquakes, you name it and it appears to have happened in the past year. It has been […]
By Robert Romano The U.S. economy added another 3.7 million jobs in the month of August, according to the Bureau of Labor Statistics’ household survey of Americans reporting they have jobs, bringing the total up to 13.8 million jobs that have been recovered since labor markets bottomed in April, […]
By Rick Manning Over the past three decades, prior to President Donald Trump’s election in 2016, U.S. manufacturing and production, and agriculture, has been outsourced to foreign trade partners. There are many factors that have fueled this shift towards globalization: trade agreements and legislation including NAFTA and […]
By Rick Manning As improbable as it may seem, a high-level Trump appointee in the Commerce Department may be working against the President’s America first trade agenda. Assistant Secretary of Commerce Jeffrey Kessler is said to be slow-walking investigations into countries that may be cheating on trade deals, at […]
By Catherine Mortensen As I stared at my computer screen full of facts, figures, links, and letters about the moral hazards of American investments in Chinese companies, I wondered how I could get people to care that their retirement pensions could be funding a vast network of […]
By Catherine Mortensen Earlier this year James Payne, a 73-year-old retired attorney in Utah, was so fed up with the high cost of a blood thinner medication he takes, he researched prices in Canada, where he found it was cheaper. “Under Medicare, I am now paying $225 […]
By Robert Romano In 2016, President Donald Trump won on an America first message on trade, uniting blue-collar union and conservative households to get over the top in the Electoral College in the Rust Belt states of Pennsylvania, Michigan, Wisconsin and Ohio. Trump successfully made the case […]
By Robert Romano “I would shut it down, I would listen to the scientists.” That was former Vice President Joe Biden telling ABC News’ David Muir that if elected President in November, he is prepared to shut down the U.S. economy again to deal with the Chinese coronavirus. […]
