Skip to main content

EPISODE 21: NEW OPPORTUNITY & LOWER SWIPE FEES

 CRC

My name is Christopher Peter and I am the political economist, investor, and podcaster behind the original content you experience on The Christopher Peter Review.

Here is a couple of topics from this week's blog post: 

BOEING HAS A JOB OPENING:

The global giant, whose markets include airplane production, defense, and others, will be searching for a new Chief Executive, following the resignation of David Calhoun. The company will need to find a solution to quality issues that have plagued the maker of the 787-Max and other planes that have faced problems and scrutiny from airlines, regulators, and others. In addition, there have been many production delays.

SWIPE FEE RELIEF:

An agreement between Visa, Mastercard, and card issuing banks will lower the fees for the next five years. A temporary relief to retailers, small business, and consumers who have complained about the cost of accepting credit. But, consumers prefer to use cards over cash. And many consumers view the fees as the cost of doing business, while some business view them as a transfer cost they will pass on.