Where the Boys Are – or Were!
As the millennials and Geneation-Z are displaced by machines and technology, where do they go? James Lyman BSAE, BSEE, MSSM I don’t know why, but in reading and thinking about…
28 February 2020
1) Many on Wall Street are betting the Federal Reserve Bank will again reduce the cost of borrowing in light of the coronavirus economic threat. Futures contract traders consider there…
27 February 2020
1) South Carolina has the lowest unemployment rate with 2.3% which ties with Utah and Vermont. But while there’s lots of jobs, they mostly pay low wages making it hard…
26 February 2020
1) Global trade experiences its first full-year drop since the financial crisis, with weaker world growth and a manufacturing recession taking their toll. The spread of the coronavirus, with its…
25 February 2020
1) The drug maker Moderna Inc. has shipped its first batch of coronavirus vaccine to U.S. government researchers for human testing. The government will test if the experimental shot can…
24 February 2020
1) To settle its civil law suit over fake accounts, Wells Fargo, America’s fourth largest bank, is paying $3 billion dollars. In order to meet sales quotas, employees opened millions…
21 February 2020
1) The investment bank Morgan Stanley is buying ETrade Financial Corp. for $13 billion dollars, planning to now manage money for regular people. ETrade will bring five million retail customers…
20 February 2020
1) The chip maker Intel announced a chip which makes quantum computers smaller and faster, thus bringing the promise of quantum computer to realization. Working with QuTech, Intel has developed…
19 February 20
1) Negative yielding debt are bonds with an interest rate below 0%. Since the peaking of the U.S.- China trade dispute, a third of all investment grade bonds have rates…
18 February 2020
1) In order to help contain the Chinese coronavirus outbreak, China’s central bank has started deep cleaning and destroying potentially infected cash. The virus appears able to survive on surfaces…