ECONOMIC AND FINANCE REPORT

1) Oil prices are falling over fears of global demand declining. Fears that global economic growth is shrinking coupled with ample global supplies of oil are pushing oil prices down.…

1) The mega brewers Anheuser-Busch and MillerCoors, America’s two largest brewers of beer, are embroiled in a legal battle with Anheuser-Busch claiming MillerCoors stole recipes and trade secrets. The legal…

https://www.youtube.com/watch?v=gFYMcvh9tuE

1) New home construction has dropped from a twelve year high in September, although single home construction rose for a fourth straight month. This indicates the housing market remains supported…

1) GM (General Motors) and UAW (United Auto Workers) have reached a tentative agreement to end the month old strike of auto workers. This agreement doesn’t bring an immediate end…

1) The IMF (International Monetary Fund) has made another cut to its 2019 global growth forecast, the fifth in a row. The reason given is a broad deceleration of the…

1) There are fears that the manufacturing segment is in trouble and may contract for the third straight month. This in turn could drag down the U.S. GDP (Gross Domestic…

1) China has announced they are ending caps to foreign financial ownership, allowing foreign firms to have full ownership of financial services companies. Starting in 2020, overseas institutions can apply…

To understand the ‘thinking’ we witnessed in our political process on the news, the concept of Linear-Singularity must be understood. James Lyman BSAE, BSEE, MSSM Everyday, we see examples of…

1) Social Security recipients will receive a 1.6% cost of living increase in 2020, up from the average of 1.4%. This is less than the pervious two years, 2.8% for…