ECONOMIC AND FINANCE REPORT

New article posted below titled “The Monopoly Game for Millennials” 1) IBM announced it’s buying the cloud company Red Hat for $34 billion dollars. IBM, like other old guard technology…

The Democratic and Republican parties are both playing their own special game of monopoly leaving Millennials with the worst deal since the Indians sold Manhattan for only $24! James Lyman…

1) Both oil prices and global stocks plunged as fears over global trade mount. 2) Deep sea robots reveal mineral riches in the deep ocean, that could be worth a…

1) Amazon fell 6% after reporting mixed quarterly results, beating expectations on earnings but not on revenue. 2) More than a dozen companies have recalled contaminated foods due to listeria…

1) The Nasdaq fell 4%, erasing its 2018 gains, because of concerns for rising interest rates and fears over the economies of the world. Wall Street is calling this drop…

1) Saudi Arabia has seen a significant reduction in the attendance of their global investment conference, ‘Davos in the Desert’, from boycotts because of the murder scandal in Turkey. 2)…

1) President is considering a 10% tax cut for middle income earners. 2) The Chinese stock market surged up amidst favorable comments from lenders and regulators. 3) Netflix is planning…

1) China has lowest economic growth in nine years, with a 6 1/2% growth. This is China’s lowest growth since the start of the financial crisis, which has investors dropping…

1) There are three major retailers who stand to gain from the bankruptcy of Sears- JC Penney, Kohl’s and Macy’s, but Amazon and Walmart could also absorbed most of Sears…

1) President Trump has instructed the heads of departments to cut their expenditures by 5% in an effort to curb deficit. 2) Fears of another interest rate hike by the…