Category: Biz & Finance

Nat Geo terminates partnership with Max Polyakov’s Murka

The National Geographic company no longer intends to cooperate with Max Polyakov’s company Murka and associate with its gaming products. Probable cause is the...

China Puts One Dead Eye On Cryptocurrencies

On January 16, bitcoin lost over 26% of its value, having passed the mark of $11 thousand. Bitcoin has lost 50% against its maximum indicators of December 2017. Other...

Oil prices are growing on international news and U.S. inventories decline

Oil prices are at their highest level since late 2014. The main reasons for the hike is a report that U.S. crude inventories have declined. Further push to the bullish...

Tax Day extended because of IRS site outage

The IRS has announced that it extends time to file and pay their tax returns for one day. The reason for it is inaccessibility of IRS website for roughly one day. The...

Beijing to eliminate foreign ownership limits for car, jet makers

For a long period of time China exercised draconian regulations on some branches of manufacturing. It was especially painful for car makers and jet liner producers as...

Wallmart to spend $42 millions on renovation of 12 Wisconsin stores

Wallmart decided to spend approximately $42 millions on remodeling their stores in Franklin, Delavan, Germantown and Lake Geneva. The renovation will not disrupt the...

Projected effects of China retaliative tariffs on the Wisconsin economy

As an answer to tariffs imposed by Trump administration on imported steel and aluminum products China has imposed their own list of tariffs. It consists of 128...

Remington Arms has filed for bankruptcy

Remington Arms is the oldest manufacturer of firearms and ammunition in the United States. It was founded in 1816 by Eliphalet Remington and is still its making original...

US trade deficit rises in fourth quarter of 2017 more than expected

Account balance, according to the IMF is the sum of net exports of goods and services, net primary income, and net secondary income. US economy is based on the deficit....

Tariff exemptions as a new ‘export commodity’

United States steel industry has been in steady decline since 1973. It is easy to figure out, the steel that was not produced in country was imported from the abroad....