A new report from the CBO forecasts the federal debt to nearly double to 202% of GDP by 2051. The CBO sees the government’s budget deficit declining after the pandemic
Continue reading »Demand for electric cars has grown slowly. But the tsunami is coming
New York (CNN Business)Tesla is starting to lose market share among US buyers of electric vehicles, and Ford’s Mustang Mach-E appears to be the beneficiary. Analysis by Morgan Stanley shows
Continue reading »Treasury Department invests $9 billion in low-income and minority communities
The Treasury Department invested $9 billion in a program to invest in low-income and minority communities. The program would direct funds toward institutions that lend to low-income communities. This new
Continue reading »WGA East Joins Chorus Of Hollywood Guilds Condemning Violence Against Asian Americans
The WGA East has joined the chorus of industry guilds condemning the rising tide of hate crimes against Asian Americans, joining SAG-AFTRA, the DGA and the WGA West in condemning
Continue reading »Mall owner Washington Prime reportedly preparing to file for bankruptcy protection
U.S. shopping mall owner Washington Prime Group is preparing to potentially file for Chapter 11 bankruptcy protection, according to a Bloomberg report Thursday. Last month, Washington Prime skipped a $23
Continue reading »Why Deutsche Bank Thinks Snowflake Is Due for a Bounce Back
Snowflake Inc. (NYSE: SNOW) has seen a meteoric rise since its initial public offering, but over the past few months, this stock has come back to earth. However, one analyst
Continue reading »Dell Technologies Q4 Results Top Street View
Dell Technologies (DELL) Thursday reported an increase in profit for fourth quarter as revenues rose 9% driven largely by continued demand for desktops and notebooks as COVID-19 pandemic continues to
Continue reading »Gannett to sell ads on Snapchat to local businesses in digital marketing collaboration
Gannett headquarters in McLean, VA. (Photo: Tim Loehrke, USA TODAY) Gannett said Thursday it has reached a deal with the owner of Snapchat to sell advertisements on the social messaging app.
Continue reading »4 Medtech Leaders Have Upcoming Catalysts That Could Be Huge
When the market is expensive and overbought like the current one is, it is very important to stay with companies that not only have solid earnings potential but also have
Continue reading »NASA Seeking Proposals To Develop Subsonic Aircraft That Reduces Cost, Aviation Emission
NASA is seeking proposals from U.S. companies for ground and flight demonstrations of integrated megawatt-class powertrain systems to design and develop subsonic aircraft that help reduce aviation emissions and invigorate
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