As traffic to Cuba formally opens up, US companies in the Bloomberg US Airlines Index find their shares down 26 percent in 2016 so far. That puts them on track for the largest annual decline in five years. In other news, payroll processor ADP says...
The Boom Bust cycle is as old as Western banking itself. Each day at 4:30 pm EST Ameera David breaks through the mainstream headlines to find the stories that matter, and help you navigate the Booms and the Busts.
As traffic to Cuba formally opens up, US companies in the Bloomberg US Airlines Index find their shares down 26 percent in 2016 so far. That puts them on track for the largest annual decline in five years. In other news, payroll processor ADP says...
With gold trading at $1375 dollars an ounce, UBS strategist Joni Teves says gold is more compelling than ever while Wells Fargo strategist John LaForge thinks the gold run is over. Elsewhere, a closely watched gauge of non-manufacturing activity in...
Markit PMI figures show that UK construction is crashing at the fastest pace since the financial crisis. Ameera David has the details. Next up is riots in France following a decision by the French government to implement business-friendly labor...
The top story: On Friday, Puerto Rico failed to pay nearly a billion dollars’ worth of general obligation debt to bondholders. Ameera David has details. Then, Boom Bust’s Bianca Facchinei reports on Atlantic City, which is also trying to...
The top story: Former London Mayor Boris Johnson unexpectedly announced that he would not be running for British Prime Minister. In other news, Apple has patented technology to block your phone camera. Ameera David has the details. Then, RT...
Turkey was hit by another devastating terrorist attack at a time when the number of foreign visitors to the country was already down 23 percent in the first 5 months of the year. In other news, JPMorgan Chase thinks Scottish Independence is its base...
As the UK prepares to leave the European Union, German Chancellor Angela Merkel mirrors other leaders in Europe, saying she will broker no special favors for the UK over the single market. Ameera David has details. In the UK, the question now is who...
Spain’s general elections ended with another inclusive vote, adding to Europe’s political chaos in the wake of Britain’s decision to leave the EU. Ameera David has the details. Then, Ameera talks to Edward Harrison about the...
With over 70-percent turnout, British voters said no to the EU – shocking many around the world who had expected the Remain camp to prevail. Ameera David weighs in and she is joined by Boom Bust’s Edward Harrison in London to get the...
In a programme prepared before the UK Brexit vote became official, Ameera David comments on the issue, which has now seen the UK vote to leave the EU. Edward Harrison sits down with Ann Pettifor – who supports the remain campaign – and...