by Mac Slavo | Aug 8, 2019 | Forecasting, Headline News
As if the American consumer and U.S.-based businesses haven’t taken the tariffs on the chin already, many business groups are warning that more tariffs will only make the problems in the economy much more noticeable. With 78% of Americans living paycheck to...
by Mac Slavo | Aug 5, 2019 | Emergency Preparedness, Forecasting, Headline News
Up to 2% of HSBC bank’s 237,685 employees could lose their jobs, a bank executive said Monday, as the bank flagged a worsening outlook for the global economy in its second-quarter results. The economy’s woes are beginning to manifest in real job losses,...
by Mac Slavo | Jul 25, 2019 | Headline News
Nissan has announced that the company will layoff 12,500 people globally after their profits plunged 98.5%. The Japanese carmaker will cut production capacity by around 10% by the end of 2022 as sales fell in a number of its major markets. These layoffs will account...
by Contributing Author | Jul 9, 2019 | Forecasting, Headline News
This article was originally published by Tyler Durden at ZeroHedge. Deutsche Bank (DB) shares have continued to sell-off ahead of the United States market open. They were recently off 5% at a new session low, as the bank’s shareholders have apparently realized...
by Contributing Author | Jun 7, 2019 | Emergency Preparedness, Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. If the U.S. economy was heading into a recession, we would expect to see a slowdown in the employment numbers, and that is precisely what is happening. According to payroll...
