ECONOMIC AND FINANCE REPORT

1) For the twelfth straight trading day oil prices have dropped, the steepest in 3 years. US oil inventories are at record high. 2) Tesla’s Gigafactory produces more battery packs…

1) The German firm SAP Technologies is buying the US company Qualitrics International for $8.3 billion dollars. Qualitrics is on verge of its market debut. 2) The Japanese technology firm…

1) Retailers plan for a blockbuster holiday season in sales that will top $1 trillion dollars for the first time this year. 2) China has an un-occupancy rate almost twice…

1) Eighteen states will increase their minimum wage starting in 2019, but eight of these states will have smaller initial increases with automatic increases that adjust the minimum wage to…

1) Russia stands to be the beneficiary of the Iran oil ban from newly imposed sanctions, with Moscow taking over Iran’s customers while defying sanctions to import Iranian oil. Although…

1) Ford Motor Co. is making great inroads in the Indian auto market after investing $2 billion dollars in India, such as opening 100 new dealerships in the last 18…

1) Lowe’s announced they are closing 51 stores in the US and Canada. American’s are doing less home remodeling because of the strong housing market, so building supply stores are…

1) Department of Justice is investigating technical theft against Micron Inc. of their high capacity RAM technology, as part of the economic trade war 2) The number of new jobs…

New article posted below titled “The Monopoly Game for Millennials” 1) Congressional report of insulin prices increasing, states that the price of insulin has doubled since 2012, and has tripled…

New article posted below titled “The Monopoly Game for Millennials” 1) China has unused leverage in the trade war, the services from the US, which is at a surplus for…