ECONOMIC AND FINANCE REPORT

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…

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…

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…

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…

1) Surging demand for sugar is causing global supply shortages. With changing diets and lifestyles the demand for sugar has drastically increased in third world nations. For instance, Southeast Asia…

#TheCastPodcast last episode of the 2019 year. Your hosts Sammy BE @EcoFireTV, Luisa L @LuisaModels & Jon “Da Don” Sterling @TheDramaBlock, closed 2019 very strong of course; 2020 will be…

People would like to pick and chose technologies they consider good, while rejecting those they consider bad, but it’s not that easy! James Lyman BSAE, BSEE, MSSM From early in…

1) The furniture retailer Wayfair is reducing its workforce by 3% or 500 jobs. The online furniture retailer has more than 17,000 employees globally. The stock for the company has…

1) NASA (National Air and Space Administration) has asked for a 12% increase to give a $25.2 billion dollar budget for next year. Nearly half of this years proposed budget…

1) The demise of the big box and department stores in malls, has spawned a move to trendy local shops. These are standalone small format stores designed to experiment with…