ECONOMIC AND FINANCE REPORT

Go Google these three words- IBM, Watson and Jeopardy and you’ll find a revolution in artificial intelligence which is completely changing the future for Millennials and Generation-Z. James Lyman BSAE,…

1) Bill Gates, the Microsoft co-founder, says he’s happy to pay his share of taxes, but expressed consternation over Elizabeth Warren’s proposals to tax America’s wealthy. He considers the presidential…

1) The Oklahoma energy company Chesapeake Energy, who helped pioneer America’s shale natural gas revolution, is now warning that it may not survive the era of cheap gas it helped…

1) The money-markets have about $3.4 trillion dollars invested, and the large pile of cash could push the already soaring markets higher. The money-markets have grown by $1 trillion dollars…

1) Saudi Arabia has started its long anticipated IPO (Initial Public Offering) of Aramco, the Saudi state run oil giant. A sliver of the firm will be offered on a…

1) In their Friday report the U.S. economy added 128,000 jobs in October, a report considered to be very strong when many economist expected a gain of 75,000 jobs. Furthermore,…

By: Economic & Finance Report Alibaba Holdings LTD (BABA) surpassed earnings expectations. The Asian e-commerce giant, stated that their retail business and their cloud business, were huge components in their…

Reprints of all my articles for the economic future of millennials and generation-Z are available on my web site www.peopleobsolete.com. James Lyman BSAE, BSEE, MSSM For the last few years,…

1) The international auto makers Fiat-Chrysler and Peugeot, which is owned by PSA group of France, have agreed to merge. This deal will create one of the world’s largest auto…

1) The Federal Reserve has cut interest rates for the third time this year to ensure the U.S. economy weathers a global trade war without a recession. While the feds…