ECONOMIC AND FINANCE REPORT

1) The industrialist David Koch and political activists dies at age 79. The billionaire is noted for using his fortune to support right wing political movements thereby reshaping American politics.…

1) President Trump’s suggestion of buying Greenland is bringing to light international interest in the world’s largest island because of its geopolitical importance. Since World War II, there has been…

1) Retailers Target and Lowe’s posted second quarter sales higher than anticipated by analyst. Target’s ‘same store sales’ is up by 3.4% compared to an expected growth of 2.9%. This…

1) The Dollar has hit its highest value for 2019, as measured by the Bloomberg Dollar Index. This is when President Trump wants the Dollar value lowered to position America…

1) Fears of a possible recession were dampened as stocks rose while Treaasury yields rebounded. The U.S. decision to extend a temporary reprieve to the Chinese telecom giant Huawein is…

1) Home construction in America fell in July by 4.0%, in particular apartments. While a solid job market coupled with falling mortgage rates have boosted the desire to purchase new…

By: Economic & Finance Report The Central Bank of China instituted key interest rate reforms on Saturday, August 17, 2019. The China’s Central Bank did this to help companies and…

A recent research project finds that jobs for many Millennials and Generation-Z will disappear in 20 years James Lyman BSAE, BSEE, MSSM Lately, there have been predictions in the news…

1) Retail giant Walmart reported a strong second quarter and raised its earnings expectations for the year. This news eases concerns about consumer demand dropping because of the trade war…

1) Fears are growing that the world is moving towards an economic crisis, based on signs from Washington and Wall Street, starting with President Trump’s retreat from adding new tariffs.…