The last two years have not been easy for any industry. But for the food service sector, the pandemic was a particularly hard hit. Even at a time when food delivery service was at its peak, food businesses like Grubhub still suffered losses in 2021. And then as pandemic restrictions eased across the nation, demand… Continue Reading
Investing and Global Finance News
Category Archives: Economy
Digital Markets Act is E.U.’s Attempt to Limit Big Tech
The Digital Markets Act is the European Union’s most far-reaching piece of legislation since it passed its strict privacy laws in 2018. The law tackles the power of the leading tech companies and redefines the way app stores, digital marketing, online retail, and messaging platforms operate. The legislation is designed to stop the biggest tech… Continue Reading
What to do in the Current Bond Market
The year has not gotten off to a good start in the bond market world. In fact, it is the worst this market has been in decades. According to the Bloomberg Aggregate Bond index, the bond market is down 6.66%. T.Rowe Price, a leading asset manager, reported the gravest bond market performance over a three-month period… Continue Reading
U.S. Museum Workers Unionizing Despite Labor Movement Slump
National union membership has reached historic lows; according to the Bureau of Labor Statistics, 10.3% of employed Americans are members of a union. And yet, over the past few years, workers at more than ten American art museums have formed unions to improve their wages and conditions of employment. In 2020, some 250 curators, stewards, conservators, guides,… Continue Reading
Pandemic Brings New Opportunities for Entrepreneurs
A growing number of Americans are starting their own business. The reasons behind this pandemic-driven entrepreneurial surge vary: some were laid off because of COVID and transitioned their “side hustle” to be their primary form of income; others took the time to reconsider their priorities and gave up on their grueling corporate jobs; for some,… Continue Reading
Trading Card Business Goes to Fanatics
Topps, the trading card business that paired Bazooka bubble gum and baseball cards over fifty years ago, has been bought by Fanatics, the sports memorabilia company. The sale valued Topps’s sports and entertainment sectors at just over $500 million. Topps lost its 70-year-old licensing agreement with Major League Baseball and the Major League Baseball Players Association… Continue Reading
BI Trends for 2022
It seems that automation is permeating practically every aspect of our lives. From grocery shopping to banking, communicating to cooking—automation functions and platforms are making every task easier and accessible. And business intelligence (BI) is no exception. Automation is set to be one of the biggest trends in that industry in 2022. Alongside process automation,… Continue Reading
NASDAQ Versus NYSE
What is the NASDAQ and how does it differ from the NYSE? In this video NASDAQ looks at Nasdaq is the largest digital stock market for trading securities in the world. Here we explain the basics of what sets it apart from exchanges such as the NYSE. Continue Reading
Global Economic Growth and Caution
CGTN representative discusses the recent report from the United Nations Conference on Trade and Development which “predicts a bounce back in the global economy this year with 5.3% growth which is the fastest in nearly 5 decades.” But caution is still necessary. Here’s why. Continue Reading
Moving Forward: Economic Surprises
In this video, Cathie Wood of ARK Invest discusses the surprises that may lay ahead in the following categories: auto sales, business inventories, commodity markets, employment, inflation, innovation and rate of money supply. Continue Reading