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      November 11, 2021
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    • Former Warren County Businessman Admits Fraudulently Obtaining $1.8 Million in COVID-19 Loans for Small Businesses | USAO-NJ

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Debt maturity and central bank hikes loom in Russia

Robert Spruell
March 11, 2022
Financial Slump
A man walks out of a currency exchange office in Saint Petersburg, Russia, January 26, 2022. REUTERS/Anton VaganovJoin now for FREE unlimited access to Reuters.comRegisterLONDON, March 11 (Reuters) - The cost o...

Cities with the biggest increase in home improvement loans since COVID-19

Robert Spruell
March 11, 2022
Money Insurance
Photo Credit: Jaruwan Jaiyangyuen/ShutterstockAs Americans sheltered at home in the early days of the COVID-19 pandemic, with remote work and school continuing for the foreseeable future, many began to tackle ...

Press release | Press releases | Press room

Robert Spruell
March 4, 2022
Money Insurance
03.04.22 WASHINGTON – US Senate Majority Whip Dick Durbin (D-IL) and US Senator Tammy Duckworth (D-IL) were joined by Representatives Danny K. Davis (D- IL) and Brad Schneider (D-IL) to introd...

Amid statewide enrollment decline, Chicago colleges scramble to re-enroll students

Robert Spruell
March 1, 2022
Financial Slump
Since the start of the pandemic, Illinois community college enrollment has fallen to its lowest level in years, and now one school is scrambling to keep students on track to graduate.City Colleges of Chicago ha...

How the spike in crude oil prices amid the Russia-Ukraine crisis will affect India

Robert Spruell
February 25, 2022
Supply Constraints
The Russian invasion of Ukraine will not only impact global oil prices, but will also increase the prices of petrol, diesel and LPG cylinders in India.Brent crude prices crossed $100 a barrel on Thursday for th...

Career practitioners’ response to career development concerns in the time of COVID‐19 – Osborn – – The Career Development Quarterly

Robert Spruell
February 24, 2022
Recession Risk
Career counseling clients’ life experiences, needs, and considerations have increased in complexity as a result of COVID-19. While the primary impact of the COVID-19 pandemic has been a phys...

Private debts pose hidden risk to developing countries, World Bank warns

Robert Spruell
February 15, 2022
Recession Risk
Carmen Reinhart, Minos A. Zombanakis Professor of the International Financial System at Harvard Kennedy School, attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland January 17, 201...

High-tech banks made more PPP loans

Robert Spruell
February 11, 2022
Money Insurance
For banks, especially smaller community banks, the key to weathering the economic turmoil may lie in technology. The Federal Deposit Insurance Corporation (FDIC) said in a report titled “Banking technology and ...

Campbell Soup Bond: A High-Yielding Security (NYSE:CPB)

Robert Spruell
February 7, 2022
Recession Risk
VelhoJunior/iStock Editorial via Getty Images We live in one of the most difficult time periods in history to find attractive fixed-income yields backed by sustainable cash flows, without taking on too much l...

MSMEs want soft loans with longer payment terms and improved credit limits

Robert Spruell
January 30, 2022
Money Insurance
Union Budget 2022-23: access to the market, general productivity and little access to more funds are the three...

Texas says supply chain issues have limited the number of voter registration forms it can distribute

Robert Spruell
January 21, 2022
Supply Constraints
(Texas Tribune) - The Texas secretary of state's office is having a harder time than usual getting enough voter registration cards for groups that help Texans register to vote. Sam Taylor, assistan...

We need a real inquiry into COVID policies

Robert Spruell
January 14, 2022
Recession Risk
At the federal level, last month's mid-year budget update contained $26 billion in pandemic-related revenue and spending measures.While most of that is spent this fiscal year (COVID disaster payout to individua...

Inflation: friend or foe? | Global Finances

Robert Spruell
January 13, 2022
Supply Constraints
  Author: David Worsfold, Report Writer January...

Man orchestrates his own kidnapping to pay off loans | Ahmedabad News

Robert Spruell
December 31, 2021
Money Insurance
Ahmedabad - A 33-year-old man from the city's Nava Naroda area orchestrated his own kidnapping as he was reeling from the post-Covid-19 financial crisis. How he had to close his grocery business in Tanzania a...

Apple’s next big innovation after iPhone could arrive in 2022

Robert Spruell
December 28, 2021
Supply Constraints
...

EPA urged to delay herbicide registration changes

Robert Spruell
December 13, 2021
Supply Constraints
As news circulates that the Environmental Protection Agency may make changes to the registrations of dicamba as well as other crucial herbicides...

Isabel Schnabel: Monetary policy and financial stability

Robert Spruell
December 8, 2021
Recession Risk
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the fifth annual conference of the European Systemic Risk Board Frankfurt am Main, 8 December 2021 ...

There is enough money in the system to solve the global gold supply crisis to stay stuck at neutral – USBWM

Robert Spruell
November 25, 2021
Supply Constraints
Editor's Note: With such market volatility, stay up to date with the daily news! In minutes, discover our quick summary of today's must-see news and expert opinions. Register here ! (Kitco ...

Global Corporate Finance Transformation Consulting Market Demand has grown rapidly over the past five years Forecast to 2021-2027

Robert Spruell
November 16, 2021
Financial Slump
According to the latest study, the growth in 2021 of Corporate Finance Transformation Consulting will have a significant change from the previous year, also due to the period of COVID 19 pandemic. Acc...

The Bristol Press – Customers using Eversource will see their electricity bills increase by 21% from January 1

Robert Spruell
November 8, 2021
Supply Constraints
BERLIN - Homeowners, businesses and tenants will start the new year with roughly 21% higher electricity bills, in line with new electricity supply tariffs set by the Utilities Regulatory Authority, which will ...

Explainer: Federal Reserve’s taper: How does it work?

Robert Spruell
November 3, 2021
Recession Risk
The Federal Reserve Building on Constitution Avenue is pictured in Washington, USA, March 19, 2019. REUTERS / Leah Millis / File PhotoNov. 3 (Reuters) - The U.S. Federal Reserve is expected to announce on Wedne...

Falling auto sales in Japan cloud outlook for consumer rebound

Robert Spruell
November 1, 2021
Supply Constraints
Newly manufactured cars from automaker Subaru await export at a port in Yokohama, Japan on May 30, 2017. REUTERS / Toru HanaiTOKYO, Nov. 1 (Reuters) - Auto sales in Japan fell 31.3% in October from a year earl...

Bank of Canada Ends Quantitative Easing; Increases forecast for possible rate increases – 2nd update

Robert Spruell
October 27, 2021
Supply Constraints
By Kim Mackrael and Paul Vieira OTTAWA - The Bank of Canada has said it will end quantitative easing and may hike its overnight key rate earlier than expected, as policymakers try to dispel concer...

NY Fed’s Williams says rising home prices don’t pose financial stability risks

Robert Spruell
October 22, 2021
Recession Risk
October 21 (Reuters) - Home prices in the United States are rising rapidly due to low interest rates and as people search for living space during the COVID-19 pandemic, but the trend is yet to show any Big risk...

Supply constraints: Several Irish sectors expect shortages ahead of Christmas

Robert Spruell
October 16, 2021
Supply Constraints
The costs of container transport have increased almost tenfold since last summer. Meanwhile, major ports around the world are experiencing huge delays. In American ports, the ship's order book stands at 70 s...

Aviation supply chain faces increasing tensions as demand increases

Robert Spruell
October 15, 2021
Supply Constraints
LAS VEGAS / CHICAGO, Oct. 15 (Reuters) - Global shipping and supply chain disruptions make it harder for business jet makers and suppliers to meet resurgent demand for parts, according to industry executives a...

Chip shortage inflates smartphone prices

Robert Spruell
October 13, 2021
Supply Constraints
Chennai: The constraints of the global supply chain and the shortage of chips and other electronic components weigh heavily on the pockets of consumers this holiday season. Even though e-commerce platforms are...

India is set to grow 8.5% in 2022 and will retain the label of fastest growing economy: IMF

Robert Spruell
October 12, 2021
Financial Slump
NEW DELHI: India is set to retain the label of the fastest growing economy in the world, with the International Monetary Fund (IMF) forecasting 8.5% growth for the year 2022. In its latest World Economic Outloo...

It’s time to get into Monster Energy Stock

Robert Spruell
October 12, 2021
Supply Constraints
Energy drink machine Monster drink (NASDAQ: MNST) the shares have sold for five straight weeks after peaking at nearly $ 100 per share. The Company is experiencing logistics and supply chain iss...

New York and New England natural gas utilities warn customers of higher rates this winter

Robert Spruell
October 10, 2021
Supply Constraints
Utilities in New York and New England are warning customers to expect higher home heating bills this winter amid rising global demand and prices for natural gas. National Fuel Gas Distribution Cor...

Major sectors require revolutionary reforms – CEO, DataPro Group

Robert Spruell
October 9, 2021
Recession Risk
Published 10 October 2021 In this interview with journalists, the Chief Executive Officer, DataPro Group, an indigenous credit rating agency, Abimbola Adeseyoju, speaks on relevance of credit ratings on org...

High gas costs: what Biden plans to bring them down

Robert Spruell
October 7, 2021
Supply Constraints
President Joe Biden's administration has said it plans to release oil from emergency reserves, among other things, to help cut costs as gas prices rise in the United States. Gas prices hit a national...

Fake farms in SWFL received thousands of dollars in PPP loans

Robert Spruell
October 5, 2021
Money Insurance
https://www.youtube.com/watch?v=y10DEuM_13E FORT MYERS, Fla. (WBBH) - Among the millions of businesses that received PPP loans during the COVID-19 pandemic were small farms in southwest Florida. The probl...

Shepherd and Wedderburn: Making the shift towards ethical banking

Robert Spruell
October 2, 2021
Recession Risk
Criticized for their role in the Great Recession, banks are now showing that they can be a powerful force for good, writes Peter Alderdice, director of Shepherd and Wedderburn LLP. Banks were see...

European equities collapse amid energy crisis, dampening risk of recovery

Robert Spruell
October 1, 2021
Financial Slump
Breadcrumb Links PMN company Author of the article: Bloomberg News Nikos Chrysoloras Content of the article (Bloomberg) - European stocks were heading for their worst week since...

10 companies that will help you pay off your student loans (and allow you to travel the world)

Robert Spruell
October 1, 2021
Money Insurance
The burden of student loan debt is a massive problem in America: According to the latest student loan debt statistics for 2021, more than 45 million borrowers owe a whopping $ 1.7 trillion in student loans, wh...

Global supply crisis is fueling German inflation | Business | Economic and financial news from a German point of view | DW

Robert Spruell
September 30, 2021
Financial Slump
Germans who are considering buying a new car these days should dig deeper into their pockets, as rising prices in the auto industry have made vehicles € 360 ($ 416) more expensive on average than there was. so...

FTSE gains and pound weakness could be due to month-end rebalancing flows

Robert Spruell
September 29, 2021
Supply Constraints
The pound's weakness could be due to rebalancing flows at the end of the month The weakness of the British pound is most likely the result of investors rebalancing their portfolios for...

Labor, Material Constraints Behind Soaring Costs For Construction Companies, Property News & Top Stories

Robert Spruell
September 26, 2021
Supply Constraints
SINGAPORE - The costs of labor and building materials in the construction sector have skyrocketed since the start of the Covid-19 pandemic, delaying projects and affecting the cash flow of companies in the S...

Living Lamborghini Lavish: scammer used $ 1.6 million in PPP loans for supercar, Rolex – MotorBiscuit

Robert Spruell
September 26, 2021
Money Insurance
During the coronavirus (COVID-19) pandemic, the government quickly implemented targeted programs to keep businesses and families afloat. Some people took advantage of the Paycheck Protection Program (PPP) to...

UK Nursing Homes Facing A Financing Crisis As Banks Turn Down Loans | Social care

Robert Spruell
September 25, 2021
Money Insurance
Nursing homes are facing a credit crunch and banks are refusing to lend money or provide new services for fear that the care sector is on the verge of collapse, senior care leaders warned.A survey of care prov...

News from Angela Merkel: Chancellor humiliated because most Germans won’t miss Chancellor – poll | World | New

Robert Spruell
September 25, 2021
Financial Slump
The political veteran came to power in November 2005 and was for several years an extremely popular chancellor, her approval rating among the German people steadily exceeding 80 percent. During this time she o...

3 smart ways to cope with an IT supply shortage

Robert Spruell
September 24, 2021
Supply Constraints
Imagine your refrigerator breaks down due to a chip problem on the motherboard and you are told there is no ETA for parts. After weeks of waiting and temporary fixes, you finally decide to buy a new ...

CORRECT AND REPLACE Elevate Credit Outshines $ 500 Million in Combined Loans Receivables

Robert Spruell
September 23, 2021
Money Insurance
25% Increase from the end of 2North Dakota RoomFORT WORTH, Texas, September 23, 2021- (BUSINESS WIRE) - The headline of the release should read: High Credit Outshines $ 500 Million In Combined Loans Receivable...

BOJ maintains stable policy, offers darker view of exports and production

Robert Spruell
September 22, 2021
Supply Constraints
A man wearing a protective mask walks past the Bank of Japan headquarters amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS / Kim Kyung-HoonThe BOJ keeps its interest rate ...

Paycheck Protection Program – Program Changes Increased Loans to Smaller Businesses and Underserved Locations

Robert Spruell
September 21, 2021
Money Insurance
What GAO found The Paycheck Protection Program (PPP) supports small businesses through forgivable loans for payroll and other eligible costs. Early loans favored larger, rural businesses, according to ...

Bureau of the Fiscal Service seeks to issue nearly all payments electronically by 2030

Robert Spruell
September 20, 2021
Recession Risk
The Treasury Department's tax service office sees an opportunity to modernize the way it does business, having spent much of the COVID-19 pandemic...

SBA Loans Can Help Businesses Negatively Affected by COVID-19

Robert Spruell
September 17, 2021
Money Insurance
Last week, the U.S. Small Business Administration made major changes to the Economic Damage Disaster Loans program that helps small businesses negatively affected by disasters, including COVID-19. The program...

US prices rise due to supply pressures

Robert Spruell
September 12, 2021
Supply Constraints
WASHINGTON: Producer prices in the United States rose sharply in August, resulting in the biggest annual gain in nearly 11 years, suggesting high inflation is likely to persist for some time as the relent...

Battle to control Lagos floods

Robert Spruell
September 11, 2021
Recession Risk
Sola Ojewusi Posted September 12, 2021 A sign of the exceptional ability of Lagos State Governor Babajide Sanwo-Olu to tackle a problem head-on and with admirable candor is his continued fight against t...

Greek PM says economy will rebound 5.9% this year, describes tax break

Robert Spruell
September 11, 2021
Financial Slump
Greek Prime Minister Kyriakos Mitsotakis attends a swearing-in ceremony for new members of government at the Presidential Palace in Athens, Greece on August 31, 2021. REUTERS / Costas BaltasATHENS, September 11...

Nepal’s budget allocations to repay domestic and foreign loans tripled in five years

Robert Spruell
August 29, 2021
Money Insurance
Budgetary allocations for the payment of internal and external debts soared almost three times in the last five years.According to the Ministry of Finance, the government allocated 127.81 billion rupees for th...

Who Should Worry About Inflation—And Who Shouldn’t – Forbes Advisor

Robert Spruell
August 25, 2021
Recession Risk
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. ...
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The Second Circuit holds that certain private student loans can be forgivable under Section 523 (a) (8) (A) (ii)

Robert Spruell
August 25, 2021
Money Insurance
The situation: On Homaidan v. Sallie Mae, Inc., et al., The US Court of Appeals for the Second Circuit recently stated that certain types of private student loans are not "mandatory to repay funds received as...

Social Work Department Awarded $1.9 Million to Boost Mental Health Workforce

Robert Spruell
August 11, 2021
Recession Risk
With an increase in demand for mental health services fueled by the COVID-19 pandemic, along with a projected shortage of mental health workers by 2028, researchers at Cal State...

What will happen when 7.5M Americans lose benefits

Robert Spruell
August 9, 2021
Recession Risk
Half point | iStock | Getty ImagesMany Americans view Labor Day with dread. This is when some 7.5 million of them will stop receiving their unemployment benefits.That number is more than five times the 1.3 m...

Shippers turn to intermodal in Q2 as they rush to stock up

Robert Spruell
August 9, 2021
Supply Constraints
Dive brief: Intermodal volumes grew 20.4% year-on-year in the second quarter, according to the Intermodal Association of North America, the largest quarterly gain since 2010, as con...

How the pandemic ate millions of jobs in American restaurants

Robert Spruell
August 5, 2021
Recession Risk
Hotel companies complained that they could not fully resume their activities due to the bottleneck in demand and a slower than expected return of workers to the labor market. The number of new workers claimin...

Blended Commercial Real Estate Loans Hit Record Sales

Robert Spruell
August 3, 2021
Money Insurance
Sales of riskier commercial real estate loan-backed securities have soared to a record, highlighting investor demand for higher yielding debt and expectations for a recovery in commercial properties....

GEODIS honored with the Lenovo Logistics Excellence Award for its service in the Americas | Taiwan News

Robert Spruell
July 22, 2021
Supply Constraints
NASHVILLE and SINGAPORE - Media OutReach - July 22, 2021 - GEODIS, a global supply chain operator, has been recognized by Lenovo, a Fortune Global 500 company and technology leader in smart de...

SBA Offers Disaster Assistance to GA Businesses and Residents

Robert Spruell
July 21, 2021
Money Insurance
The loans are in response to a July 19 letter from Georgia Governor Brian P. Kemp requesting a disaster declaration from the SBA. COWETA COUNTY, Ga. - The severe storms that occur...

Central banks can’t reduce inequality – it’s time for ministers to act | Howard Davies

Robert Spruell
July 21, 2021
Recession Risk
In the Forbes list of the most powerful people in the world for 2012, Ben Bernanke, then chairman of the US Federal Reserve, was sixth, while Mario Draghi, then chairman of the European Central Bank, was eighth...

Cinedigm Stock Price Forecast July 2021 – Time to buy CIDM?

Robert Spruell
July 17, 2021
Price Action
Cinedigm (CIDM) stock rose sharply yesterday, but was trading lower at the start of price action today. What is the forecast for CIDM stock and should you buy the stock in July 2021? CIDM is a Los Angles-b...

Weekend reading: Tensions in the labor market threaten to derail Britain’s economic recovery

Robert Spruell
July 17, 2021
Supply Constraints
The UK labor market is coming to life. After months of closure due to Covid, businesses are finally welcoming customers through their doors again - and ramping up hires to meet growing demand. ...

End of trade boom casts a cloud over Wall Street bank profits

Robert Spruell
July 15, 2021
Financial Slump
A screen displays the ticker symbol and information for Goldman Sachs on the floor of the New York Stock Exchange (NYSE) on February 9, 2016. Goldman Sachs Group Inc's quarterly profit fell by more than half...

Food systems hold key to ending world hunger – World

Robert Spruell
July 14, 2021
Recession Risk
Among the ripple effects of the COVID-19 pandemic, the UN has noted a dramatic increase in world hunger. According to The State of Food Security and Nutrition in the World, a tenth of the world's pop...

On the COVID-19 frontline: tackling an invisible enemy from defence and homeland security budgets

Robert Spruell
July 13, 2021
Recession Risk
Emerging from the rubble of the global financial crisis, nations around the world have anticipated the late 2010s and early 2020s as an opportunity to rebuild shrinking budgets. Unlike regions like the Un...

Indians pack their bags, head to Himachal Pradesh to beat Covid blues and heatwave

Robert Spruell
July 5, 2021
Financial Slump
SHIMLA: Tourists flocked to Himachal Pradesh as the heat wave hit the plains and the second wave of COVID-19 saw a significant drop in the country. Plains dwellers are visiting tourist hot spots like Shimla...

The best tech stocks to buy this weekend

Robert Spruell
July 3, 2021
Financial Slump
by Adilin Béatrice July 3, 2021 Best Tech Stocks To Buy Evolve To Be Strong Additions To Your Portfolio NowTech stocks appear to be picking up steam after facing severe turmoil in early ...

Local Businesses Seek City Program Loans | News

Robert Spruell
July 3, 2021
Money Insurance
A new daycare center and preschool can borrow additional money from the city, ...

Black and Latinx Americans Have Seen “Catastrophic” Declines in Life Expectancy

Robert Spruell
June 27, 2021
Recession Risk
Although James Toussaint has never had covid, the pandemic is taking a profound toll on his health. First, the 57-year-old lost his job delivering parts for a New Orleans auto dealership in spring 2020, whe...

Outdoor recreation spending high in some states | Local News

Robert Spruell
June 26, 2021
Recession Risk
While the travel and tourism industry has been hit hard during the COVID-19...

RI House Passes $ 13 Billion Budget That Exempts Most PPP Loans From Tax

Robert Spruell
June 25, 2021
Money Insurance
The Rhode Island House passed a $ 13 billion budget bill that exempts most Paycheck Protection Program loans f...

Latin America Vastly Underspends on Green Post-Pandemic Recovery

Robert Spruell
June 24, 2021
Recession Risk
Climate change, Economy and trade, Energy, Environment, Headlines, Latin America and the Caribbean Climate change Two drilling platforms on the Vaca Muerta oil field in Loma Campana, southern ...

NFL player Carl Nassib taught his teammates good financial habits, and Americans traveling on July 4 will pay through the nose for rental cars and gasoline

Robert Spruell
June 22, 2021
Financial Slump
Hello, MarketWatchers. Don't miss these featured articles:Rethinking your career during the COVID-19 pandemic? You're not alone “US companies will need to step up t...

Iron ore imports may drop, but China needs Australia for now

Robert Spruell
June 22, 2021
Supply Constraints
A year ago, China fired the first salvo through Australia's bow by amending iron ore screening arrangements. This was seen by the rest of the world as Beijing targeting Australia's iro...

The second wave of COVID hits the MSMEs sector hard; bad loans on the rise

Robert Spruell
June 22, 2021
Money Insurance
The current economic difficulties are causing a drop in consumption, which is reflected in the performance of almost all industrial sectors, small and large. The auto industry was hit hard in May with ...

IPhone 13 prices may have leaked three months earlier – BGR

Robert Spruell
June 21, 2021
Supply Constraints
Summer has officially started in the Northern Hemisphere, which means we're one step closer to unveiling an iPhone this fall. Apple is expected to unveil the iPhone 13 in September (unlike last year's...

Economic recovery in the United States is pushing up prices and hampering global supply chains

Robert Spruell
June 20, 2021
Supply Constraints
TORONTO - Returning from closures linked to the COVID-19 pandemic, Americans are in an unprecedented spending spree that is driving up prices and hampering global supply chains. "We have...

Independent Financial obtained $ 1.1 billion in PPP loans

Robert Spruell
June 18, 2021
Money Insurance
McKINNEY - Since the start of the global COVID-19 pandemic, Independent Financial has made more than $ 1.1 billion in loans through the Small Business Administration's Paycheck Protection Program (PPP), the ba...
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central bank covid pandemic economic recovery federal reserve interest rates long term pre pandemic price action real estate short term stock market supply chain supply constraints united states wall street

Recent Posts

  • LUNC and USTC price are recovering exceptionally well, will LUNA price keep pace?

  • Former Warren County Businessman Admits Fraudulently Obtaining $1.8 Million in COVID-19 Loans for Small Businesses | USAO-NJ

  • The corporate spending that can’t wait for a recession to pass

  • Record $82bn spree allows India to defy global crisis

  • Permian Basin gas production growth challenged by inflation and supply chain issues

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