It is the year 2018 and there is an ever-growing segment of the market that will be looking to get into the corner.In the last 12 months, the number of corner-related businesses has more than doubled to more than 1,300 and now the business of selling and buying goods and services in the corner has become a major business in the town.This sector is growing rapidly.According to the World Bank, the c...
An Amish community in Pennsylvania is reeling from the stock market crash that has sent their market value plummeting.
The market crashed around noon local time on Tuesday after the Federal Reserve announced that it would keep interest rates on hold for another month.
The market plunged from around $1,300 per share in late June to less than $1 a share by Tuesday evening, wiping out nearly $3.5 billion in market value, according to Bloomberg.
The stock market has plummeted by more than 60% in the past year and the loss has left a hole in Amish families’ pockets.
The Amish have been battling poverty and homelessness for decades, and their livelihoods are dependent on the local economy.
The Amish are a religiously conservative group and are considered to be the poorest people in the United States.
In many cases, they rely on the Amish for their livelihood, and they’re often in debt to the Amishes for food and shelter.