Category: Business & Economy

The grocery business in the U.S. is, and always has been, a fairly miserable one. In fact, from A&P to Grand Union, Dahl’s, etc., bankruptcy courts have been littered with the industry’s failures for decades. Unfortunately, it’s only going to get worse.

“…More than 4 in 10 Americans with debt (45%) spend up to half of their monthly income on debt repayment…”

There are a lot of news reports today about Trump’s decision to impose stiff tariffs on American companies (home builders) who buy Canadian lumber. But, it is more accurate to report that Trump has just slapped stiff 20% tariffs (lumber taxes) on the American people, not Canada.

While most mall owners have been worrying about how to fill up the inside of their stores after a litany of retail bankruptcies, they apparently overlooked another very ‘valuable’ asset: their empty parking lots.

The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade.