Author: iannouncethis.com

Listen to this story. Enjoy more audio and podcasts on iOS or Android.Your browser does not support the <audio> element.Germany’s economic model is known for close relations between bosses and unions; the Mittelstand, the country’s world-leading manufacturing firms; and the political system’s federalism, which spreads prosperity widely. Another ingredient is less renowned but no less fundamental: the country’s banks, many regionally focused, provide long-term funding to Mittelstand companies nice and cheaply.Unfortunately, this model is no longer delivering: German growth is forecast by the imf to be the lowest of any g7 member this year. And the country’s banks are struggling,…

bjdlzx Investment Thesis We previously covered Halliburton (NYSE:HAL) and recommended a hold on the stock. In a review of this thesis, we make a comparison between Halliburton and its rival Schlumberger (SLB) from not only a financial perspective but also its organic internal growth momentum. Although we commend hold for both, one has more upside potential than the other. Organic Growth Comparison Both Halliburton and Schlumberger boast strong credentials as products and service providers to the energy industry. The two companies are almost competing neck-to-neck in a lot of areas. However, they still differentiate in their corporate strategies and technological…

American Express Co.’s stock looks relatively well positioned in what could be a tougher regulatory environment for card names, according to an analyst. RBC Capital Markets’ Jon Arfstrom boosted his rating on Amex shares AXP, +1.03% to outperform from sector perform Tuesday, noting that the company is less reliant on late fees than some of its peers are, while Amex also has a more affluent customer base. Amex’s lesser reliance on late fees is notable, in Arfstrom’s view, because he thinks the Consumer Financial Protection Bureau could finalize its crackdown on late fees this fall and set it up for…

The U.S. Congress passed a $2.2 trillion stimulus bill called the Coronavirus Aid, Relief, and Economic Security Act (CARES) in March 2020 to blunt the economic damage set in motion by the global coronavirus pandemic. With most forecasters at the time predicting that the U.S. economy was either already in a recession or heading into one, policymakers crafted legislation that dedicated historic government funding to furloughed workers, families with children, small businesses, independent contractors and gig workers, large corporations, the health care system, and more. President Donald Trump signed the bill into law on March 27, 2020. Key Takeaways The…

FREE! “10 Steps to Beast-mode Your Business”: https://bit.ly/434UP5y On Today’s Episode: If you’re one that avoids economic news, politics, and global matters you may want to pause and lean into this conversation as an objective view of reality with historical context. These are scary uncertain times we’re living through with an entire banking system failing, politics with one agenda to divide the country, and the battle for global power. With the economic crisis unfolding before us, you have a decision to make on how you respond in this moment. No one can tell you what is best for you, but…

Women have fought for and won bigger roles in the U.S. military in recent years, but a gap favoring their male counterparts emerges yet again when active duty ends and the civilian job hunt begins.Women veterans are more than twice as likely to be unemployed six months after completing their service than male veterans, says research from Penn State University’s Transitioning Veterans Metrics Initiative (TVMI). Beyond that first six months, TVMI has found that 61% of female veterans who want a job in the private sector are either unemployed or underemployed, meaning they find themselves stuck in a lower-skill job…

High-profile strikes in Hollywood and the threat of one in Detroit have earned this season the name the “summer of strikes,” but the abundance of work disruptions may be a reflection of a sustained uptick in strikes in recent years rather than a unique hot period for union action.  Key Takeaways With many major strikes ongoing, 2023 has been named the “summer of strikes,” though this year’s strike activity is consistent with an increase in labor stoppages in recent years.Union activity, including strikes, has generally been on the rise since 2009.Public approval of unions is at multi-decade highs but varies…

Real estate investment company Walton Global has acquired 124 acres of land in Gastonia, known as the Tucker property, to develop a single-family housing community. The property is located north of Union New Hope Road, providing future residents convenient access to the Interstate 85, as well as I-485. Walton Global said the development will be a short drive to Belmont and about 30 minutes to Uptown Charlotte. READ MORE: https://www.wcnc.com/article/money/markets/real-estate/affordable-housing-crisis/gastonia-north-carolina-124-acres-single-family-housing-development/275-092c0729-0541-4ff2-a7d3-3cc2b9d4f747 source

NEW YORK (MarketWatch) — A spurt of acquisition announcements or talk of deals involving Wisconsin Energy Corp., Oracle Corp., and General Electric Co. may set those shares up for active trading in Monday’s session. Wisconsin Energy Corp. WEC, -1.20%  said it would buy Integrys Energy Group Inc. US:TEG  in a cash-and-stock purchase valued at $9.1 billion, including debt. Oracle Corp. ORCL, +0.45%  shares may move after the tech company was reported to be close to a deal to buy Micros Systems Inc. US:MCRS  for $5 billion. This would be the largest acquisition since Oracle bought Sun Microsystems in 2010. General…

In a recent blog post, Kaal Dhairya, one of the key developers behind Shibarium, the layer 2 protocol of the Shiba Inu network, revealed a series of significant upgrades aimed at bolstering the network’s capabilities. The announcement comes at a time when Shibarium has crossed the 1 million wallet mark, a milestone that underscores its growing adoption and utility. “First of all, congratulations to the ShibArmy for reaching a milestone of 1 million wallets and soon, 1 million transactions. We have achieved—and aim to maintain—our status as one of the fastest and cheapest L2 networks out there,” said Dhairya. Upgrades…