5 March 2020
1) The newest supercomputer called El Capitan, which will become operational in 2023, is being built in Lawrence Livermore National Laboratory at a cost of $600 million dollars. The new…
4 March 2020
1) In an emergency move the Federal Reserve has cut the interest rates by half a percent, in a effort to stem slower economic growth as a result of the…
3 March 2020
1) Consumer electronics giant Samsung has started building a $220 million dollar research and development center in Hanoi, Vietnam. The center is to be completed by the end of 2022…
2 March 2020
1) The stock markets continue their downward crash over worries of the conronavirus impact on economies making the week the worst week since the financial crisis. Caterpillar, a bellwether stock…
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…