(Reuters) – Judith Ramirez is preparing for July. That’s when the hotel housekeeper and her electrician husband, who have been out of a job for three months, expect their combined unemployment benefits to drop by more than half, and their deferred mortgage payment of $ 1,500 per month due. his …
Read More »Great Tobacco, Great Oil, and Warren Buffett Join the Fed Portfolio
Jerome Powell, chairman of the US Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, DC, USA, on Wednesday, February 12, 2020. Andrew Harrer | Bloomberg | fake pictures The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in …
Read More »A cash cliff spells trouble for America’s unemployed and everyone else
(Reuters) – Judith Ramirez is preparing for July. That’s when the hotel housekeeper and her electrician husband, who have been out of a job for three months, expect their combined unemployment benefits to drop by more than half, and their deferred mortgage payment of $ 1,500 per month due. his …
Read More »The electronic card scandal casts a shadow on governance
The Wirecard logo is seen at the headquarters of the payment company in Aschheim, near Munich, southern Germany, on June 24, 2020. Christof Stache | AFP via Getty Images Wirecard’s dramatic fall from grace has put corporate governance and industry regulation in Germany firmly in the spotlight. The Munich-based payment …
Read More »Can street vendors save China from a labor crisis? Beijing seems divided
It began to gain strength last month when Chinese Prime Minister Li Keqiang, the second-highest-ranking official in China after President Xi Jinping, praised the city of Chengdu. for creating 100,000 jobs overnight by installing tens of thousands of street stalls, which typically sell food, fresh vegetables, clothing and toys. The …
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