Category Archives: Economic News, Trends, Analysis

Malong Technologies Selected as a 2018 Technology Pioneer by the World Economic Forum

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SHENZHEN, China, June 21, 2018 /PRNewswire/ — Malong Technologies today announced its selection to the World Economic Forum’s 2018 class of Technology Pioneers. The World Economic Forum’s Technology Pioneers community are early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have…

New Campaign Highlights 1,121 Beer Distribution Jobs in Oklahoma

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ALEXANDRIA, Va., June 7, 2018 /PRNewswire-USNewswire/ — The National Beer Wholesalers Association (NBWA) today announced the launch of DeliveringLocalJobs.com, the centerpiece of a new public awareness effort highlighting the faces of the beer distribution industry – the 135,000 men and women who work as truck drivers, sales representatives, inventory specialists, graphic designers, receptionists and more…

Disaggregated WDM Systems Revenue Grew 142 Percent in 1Q18, According to Dell'Oro Group

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REDWOOD CITY, Calif., May 24, 2018 /PRNewswire/ — According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, disaggregated WDM systems revenue grew 142 percent year-over-year in 1Q18. This high growth was driven by the adoption of disaggregated WDM systems expanding beyond…

Civilized Worldwide Enters Strategic Investment Agreement with Canopy Rivers

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Canopy Rivers to invest CAD $5 million in premium media and lifestyle brand SAINT JOHN, NB, April 17, 2018 /PRNewswire/ – Civilized Worldwide Inc. (“Civilized”), is pleased to announce that it has executed a strategic investment and collaboration agreement with Canopy Rivers Corporation (“Canopy Rivers”), an affiliated strategic investment partner of Canopy Growth Corporation (“Canopy Growth”)…

Simon Cheng, President of X Financial: China Has Bettered US in Fintech

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SAN FRANCISCO, April 14, 2018 /PRNewswire/ — Simon Cheng had already realized that fintech will change traditional consumer finance or overturn the public’s consumer behaviors and even lifestyles back in 2015, when he still worked in a bank. Therefore, he joined a fintech start-up. With over 20 years’ experience in finance, and “faith in data” established…

Rosenthal Wealth Management: Consumer Price Index Falls for First Time in 10 Months

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MANASSAS, Va., April 12, 2018 /PRNewswire/ — The Bureau of Labor Statistics (BLS) today reported that The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent in March on a seasonally adjusted basis following a 0.2 percent rise in February. Over the last 12 months, the all items index rose 2.4 percent before seasonal…

Monthly Class 8 Truck Auction Results Better than Expected, Finds J.D. Power

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MCLEAN, Va., April 11, 2018 /PRNewswire/ — According to  Commercial truck analysts at J.D. Power Valuation Services in their April 2018 Commercial Truck Guidelines Industry Update, the Class 8 market looked better than expected in March. Pricing for the month was more stable than predicted, with somewhat fewer trucks sold.

Median-Priced Homes Not Affordable For Average Wage Earners In 68 Percent Of U.S. Housing Markets

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IRVINE, Calif., March 29, 2018 /PRNewswire/ — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Home Affordability Report, which shows that median home prices in Q1 2018 were not affordable for average wage earners in 304 of 446 U.S. counties analyzed in the report (68 percent).

Frost & Sullivan GIL: Thailand 2018: Technology remains key to Leading and Winning in an Era of Unprecedented Change

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BANGKOK, March 28, 2018 /PRNewswire/ — Digital Transformation in the wake of convergence and unprecedented disruptions continue to have a significant impact on businesses in Thailand. Continuing the journey to visionary innovation, Rhenu Bhuller, Partner, Frost & Sullivan presented a thought provoking keynote session on Leading and Winning in an Era of Unprecedented Change.

comScore Announces Official Worldwide Box Office Results for Weekend of March 18, 2018

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LOS ANGELES, March 18, 2018 /PRNewswire/ — comScore today announced the official worldwide weekend box office estimates for the weekend of March 18, 2018, as compiled by the company’s theatrical measurement services.