ECONOMIC AND FINANCE REPORT

By: Economic & Finance Report Billionaire Democratic presidential candidate Michael Bloomberg, will be unveiling tax proposals and tax plans that will aim at wealthy Americans. Mr. Bloomberg will be instituting…

1) Hallmark Greeting Cards is suffering a downturn in the brick-and-mortar retail industry, closing sixteen of its retail outlets across America. Social media is crushing the card business, so it’s…

1) The Federal Reserve has left the interest rates unchanged, which was widely expected as the U.S. economy continues to grow at a slow and steady pace. So the interest…

1) Amazon it pushing hard to establish its Kuiper broadband internet access satellite system. The planned satellite system will have 3,236 satellites in polar orbits to form a mega-constellation system…

1) The threat of coronavirus spreading has caused stock markets to sharply fall over fears of the virus’ impact on the world economy. The death toll in China has risen…

1) Bayer AG is facing a fourth jury trial over its Roundup weed killer causing cancer. Plaintiff’s claim glyphosate, the active ingredient in Roundup, is a carcinogen. In the three…

Again, oil will profoundly change the world we live in, and in ways we can never dreamed of . . . but this time it’s because there isn’t enough, with…

1) After two friendly attempts to merge with HP, Xerox is launching a hostile takeover bid. Xerox will nominate eleven new directors to replace all of HP board members, thus…

1) Present Trump has renewed his threats to impose tariffs on imported cars from Europe, citing that the European Union is even more difficult to do business with than China.…

1) The massive internet retailer Amazon has just been granted a patent for robots that drop off bunches of items on delivery routes. The robot has storage compartments where the…