Tag: USA

eric-gerster-US-stock-market

US Stocks Surge

The first weeks of June were tough on U.S. financial markets. Ambivalence over Greece and its ability to handle debt plans with the European Union, as well as slumps in the technology and financial sectors caused major losses in the first days of the month. But on June 10th, American markets saw a sharp rise delivering the biggest one-day gain in over a month since the market’s’ last peak on May 8th. Read more →

eric-gerster-airline

Air Travel to Double by 2035

According to PricewaterhouseCoopers’ annual report the demand for air travel is projected to double in the next 20 years. PwC’s report was based on the current state of the airline industry across the world. Before the demand can be met however, more variables need to fall into place for there to be worldwide success. The airline industry will have to increase production of planes, hiring more employees, increase their entire infrastructure, and deal with the rising and falling prices of fuel. Read more →