marketcrash
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supply and demand
05/05/2022
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By News Editors
Uber reports surging revenue as drivers return, but posts massive loss on investments
Uber on Wednesday reported surging revenue during the first quarter as the ride-hailing company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to keep drivers on the platform. (Article by Jessica Bursztynsky republished from CNBC.com) But it also reported a $5.9 billion loss during the period that was largely attributed to the revaluation of […]
04/20/2022
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By Mary Villareal
Homebuyer activity in the US falters as mortgage rates spike
Home prices has skyrocketed during the pandemic, hitting an all-time high by late 2021 and plateaued at a 20 percent year-on-year rate. Now, Redfin analyst Tim Ellis shared early indicators of homebuyer activity faltering as mortgage rates shot up above five percent, pushing demand lower and leaving sellers to follow with more price cuts. Early-stage homebuying demand […]
10/22/2021
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By Mary Villareal
Shipping costs to the US surge as supply chain crisis continues to accelerate
The price to ship a container from Asia to California is now $17,000, far from its $3,800 price from a year ago. Rates are even steeper on the East Coast, where shipping rates reach up to $20,000 per container. This increase in shipping rates is primarily due to supply chain disruptions, which have created congestion in […]
10/20/2021
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By Mary Villareal
Supply chain disruptions lead to shortages and soaring prices
Finding items from Canada and Mexico and other parts of the globe is set to become more problematic and more expensive. No matter what people know or understand about trade and the supply chain, the key takeaway is that products will cost more. There is already a massive shortage of truck drivers, who are getting more than […]
06/24/2021
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By Franz Walker
Food prices on the rise in America as companies look to cover higher production costs
Across America, the food on people’s plates is getting more expensive as food companies pass along higher costs to consumers. A number of food makers, including General Mills, Campbell Soup, Unilever and J.M. Smucker are raising prices at supermarkets. Meanwhile, restaurants like Chipotle and Burger King are raising menu prices. According to company executives, prices are only going to increase […]
10/09/2019
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By Lance D Johanson
The collapse of Wall Street lunacy: WeWork company founded by delusional hype artist may soon have to file for bankruptcy
Nine years ago, the founder of the WeWork Company promised to “elevate the world’s consciousness.”The delusional hype artist, Adam Neumann, has been abruptly terminated, as the company’s initial public offering continues to implode. The failure of this company is a microcosm of the disaster waiting to happen with Wall Street. With a successful IPO, WeWork […]
01/09/2019
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By Cassie B.
Pot prices are collapsing in Oregon as too many marijuana growers produce glut of weed
A serious oversupply has caused prices of marijuana in Oregon to collapse just three years after lawmakers enacted a recreational cannabis law in the state. Now, many of the state’s licensed growers and retailers alike could be facing bankruptcy. Cannabis farmers reportedly harvested over 2.5 million pounds of marijuana in October alone, 1.3 million of […]
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