On Monday morning, when President Donald Trump was a COVID-19 patient admitted to Walter Reed National Military Medical Center, he tweeted in all-caps that Democratic wins in the Nov. 3 election would “SHUT OUR ECONOMY AND JOBS DOWN.” A few hours later, Goldman Sachs, the storied investment bank that Continue Reading
Single mum slashes £917 car insurance quote by £550 a year with ‘pay as you drive’ policy
A SINGLE mum from Slough has revealed how she slashed car insurance bill by almost £550 a year with a “drive as you go” policy. Masika, 26, was quoted an annual policy for £917 but it was “too much” on top of her other bills, reports the Mirror. Masika, 26, Continue Reading
What happens to the refi fee if Biden wins?
After an industry outcry, the Federal Housing Finance Agency on Tuesday said it would delay until Dec. 1 the implementation of the 0.5% adverse-market fee on refinanced mortgages purchased by Fannie Mae and Freddie Mac. That’s almost a month after the Nov. 3 presidential election. If former Vice President Joe Continue Reading
Citizens Bank promotes Ron Branscum to EVP, Northwest Arkansas market president
Batesville-chartered The Citizens Bank, which has three offices in Northwest Arkansas, has named its first regional president. Ron Branscum, previously the lender’s city president in Rogers, is now executive vice president and Northwest Arkansas market president. “Ron Branscum has proven his leadership capabilities as city president for our operations in Continue Reading
Improving consumer demand helps ArcBest quarterly revenue and income beat estimates
More consumer demand and not enough equipment to ship what the consumer demands helped Fort Smith-based ArcBest boost first-quarter revenue by more than 18% and post earnings per share of 87 cents, well past the consensus estimate of 58 cents. ArcBest, a shipping and logistics holding company, on Tuesday Continue Reading
Mapped: The Countries With the Most Foreign Currency Reserves
The Countries With the Most Foreign Currency Reserves In the high stakes game of international trade, holding onto a stockpile of foreign cash gives you options. Forex reserves can help buoy the local currency or even provide much-needed insurance in the case of a national economic emergency. And when reserves Continue Reading
Asos shares plunge by 36 per cent as online retail giant issues profit warning
ONLINE retailer Asos has warned over sales and profits after experiencing a “significant deterioration” in trading in the run-up to Christmas. The warning will cause alarm among retailers as, up until now, it has been high street firms bearing the brunt of a brutal Christmas trading period. Asos has issued Continue Reading
The 8 Major Forces Shaping the Future of the Global Economy
The world is changing faster than ever before. With billions of people hyper-connected to each other in an unprecedented global network, it allows for an almost instantaneous and frictionless spread of new ideas and innovations. Combine this connectedness with rapidly changing demographics, shifting values and attitudes, growing political uncertainty, and Continue Reading
Commercial Arkansas River traffic shows slight gain through May
Tonnage shipped on the Arkansas River during the first five months of 2021 is up 0.54% compared with the same period of 2020, with inbound and outbound traffic boosting activity on the more than 400-mile navigable waterway. River traffic was beginning to improve from record historic flooding in early Continue Reading
HEROES vs HEALS Act and what they would mean for housing
The HEROES Act, a bill introduced and passed by House Speaker Nancy Pelosi (D-CA) in May, could be signed this week, offering homeowners and renters much-needed relief in light of the COVID-19 pandemic. On the other hand is the Health, Economic Assistance, Liability Protection and Schools Act, aka HEALS Continue Reading