It’s a Common Problem Couples Face Research shows lying about money is one of the more common reasons couples break up. Even for couples who ultimately stick together, so-called financial infidelity is anything but rare. According to a study published by the University of Southern Mississippi in 2018, 27% of [...]
World Market Exposed to Russia Some of the auto industry’s most iconic brand names come from Europe, including sports car brand Porsche (POAHY) and its subsidiary Volkswagen (VWAPY). Analysts say automakers across the continent are facing significant obstacles following Russia’s invasion of Ukraine, including halts in production and closed-down factories. [...]
The Stress of Spread The events unfolding in Ukraine are tragic and heartbreaking. The war that continues to escalate has consequences from a humanitarian, social, political, and economic standpoint. Although seemingly trivial compared to the primary crisis Ukraine is facing, this article will cover the possible contagion effects that could, [...]
US Companies Exiting Russia A number of major US corporations in the consumer products sector have announced plans to divest from Russian business interests or pull products from shelves. Apple (AAPL) cited its deep concern surrounding the invasion of Ukraine when saying it stopped selling iPhones in Russia. Ford (F) [...]
Car Dealerships Drive to Boost Profits by Refusing Cash Supply-chain snarls have created a seller’s market in the auto industry. Many car dealerships are looking to boost profits by requiring clients to accept dealer-offered financing. This allows the dealer to get a cut of the interest rate or fee on [...]
It’s the start of spring break season! But for some students looking forward to traveling with friends, and parents striving to create annual family memories, taking a vacation while still experiencing the effects of a pandemic may not seem feasible. Whether it be due to funds or safety concerns, one [...]
Introducing Ion Storage Ion Storage Systems began with a $574,275 federal grant inside a University of Maryland chemistry lab. Based outside of Washington, DC, it makes a battery that’s said to charge faster and last longer. Market observers say the US is far behind other countries like South Korea, Japan, [...]
Russian Oil Giants Not Yet Sanctioned In 2021, 36% of Russia’s budget was funded by oil and natural gas. Analysts explain that for Russia and its President Vladimir Putin, fossil fuels go beyond economics — they also serve as a political tool. European officials accuse Russia of holding back natural [...]
Negotiating New Contracts A conference is being held in Long Beach, California this week, where shipping companies and importers are negotiating freight contracts. Typically these are year-long obligations. The average price to ship a 40-foot box from China to the west coast of the United States is expected to hit [...]
The Ugly Numbers The Federal Trade Commission reports that American consumers lost $5.8 billion to fraud last year. This represents a 70% increase from loss in 2020. Last year marked the highest number of fraud complaints filed since 2001, with 2.8 million reports filed with the FTC. On average, people [...]
