Latest news from Economiccollapsenews.com - Business feed

Latest news from Economiccollapsenews.com - Business feed

  1. Amazon testing own deliveries with Seller Flex – UPS, FedEx shares tumble

    Jeff Bezos and Amazon have successfully delved into a wide array of fields in recent years. But there is still one thing that is holding back the online retailer juggernaut: shipping. The quarterly figures keep highlighting that shipping costs are on the rise, even as Amazon attempts to utilize drones, launch a sort of Uber-esque…
  2. Puerto Rico to run out of money by October 31

    Puerto Rico will soon be insolvent. The United States island territory will run out of cash by October 31, warns Treasury Secretary Raul Maldonado. Puerto Rico will then shut its government doors, temporarily suspend hurricane recovery and cease collecting sales tax for at least one month because it doesn’t have electricity. According to Bloomberg, Puerto…
  3. Uh, feminists? Women earned majority of doctoral, masters degrees in 2016

    We ostensibly live in a patriachy. If that’s true, then it’s a pretty ineffective patriarchy. According to the American Enterprise Institute, using data from the Council of Graduate Schools, women earned a majority of doctoral and masters degrees in the United States last year: 52 percent to 48 percent and 57 to 43 percent, respectively.…
  4. Shake Shack opens New York store with robot workforce

    Fast-food giant Shake Shack has opened a new store that is operated by robots. The new New York City location will have a workforce comprised of robots instead of human employees. The store will be equipped with robot ordering kiosks: patrons will place their orders on an app and receive alerts through a text message.…
  5. Bernie Sanders’s ‘Medicare for All’ is Good for None

    By: Richard Kocur Recently, Senator Bernie Sanders unveiled a single-payer healthcare plan called “Medicare for All.” Sanders titled his approach for nationalizing one-sixth of the American economy as “Medicare for All” in order to offer a template for his vision of the U.S. healthcare system. Unfortunately, using Medicare as the template for the nation’s healthcare system […]…
  6. EU sues Ireland, slams Luxembourg over Amazon tax benefits

    File this under another reason for countries to leave the European Union (EU). The trade bloc continues to take away national sovereignty as part of its crusade to save the European project. The European Commission announced that it is filing a lawsuit against the government of Ireland because it has yet to collect $15.2 billion…
  7. SHOCK: Majority of Trump media coverage has been negative

    We get it: the mainstream media hates President Donald Trump. You can’t watch a television channel, read a newspaper or listen to the radio without some sort of cliched jab or nauseating quip about the president. The leftist media bias has never been prevalent and showcased as it has been over the last two years.…
  8. Ron Paul: What has the U.S. achieved in six years in Syria?

    By: Ron Paul Now that the defeat of ISIS in Syria appears imminent, with the Syrian army clearing out some of the last ISIS strongholds in the east, Washington’s interventionists are searching for new excuses to maintain the illegal US military presence in the country. Their original rationale for intervention has long been exposed as […
  9. Vladimir Putin is long gold – Russian gold reserves hit 17-year high

    Vladimir Putin is long gold. According to Bloomberg News, using data from the World Gold Council, the Bank of Russia has seen its gold reserves reach a 17-year high. The Russian central bank has doubled its pace of gold purchases at a time when several nations are embracing a de-dollarization trend. In the second quarter…
  10. Sorry, feminists, markets are NOT sexist

    By: Felicia A. Cowley After years of abuse, the term “sexism” has become subjective to the point where it can be misconstrued in a variety of ways. In some cases, we’ve been told that sexism is being made worse by markets as producers of goods and services make sexist products or charge women more for [R…
  11. The Market Speaks: Number of #TakeaKnee NFL players declines

    The market has spoken: fans will not watch games or buy merchandise if you #TakeaKnee during the national anthem. And now teams and players are beginning to understand this. Last week, America was outraged by the fact that many NFL players kneeled during The Star-Spangled Banner. They destroyed their jerseys, burned their season tickets, demanded…