ECONOMIC AND FINANCE REPORT

1) Devin Wenig, the president and CEO for eBay is stepping down as the company moves forward with potential sale of assets. EBay’s board of directors considers that a new…

1) There are fears that the repo (repurchase agreements) market or short term funding, where banks lend to each other, is looking like it did on the 2007 market crash.…

1) Saudi Arabia has restored 75% of its crude oil output and will have restored full production by next week. The September 14 attacks had reduced crude production to half,…

1) The retailing mammoth Amazon has spawned a rival called ‘Free and Fair Markets Initiative’ (FFMI), who have launched a nation wide campaign to criticize Amazon’s business practices. They claim…

A major problem facing the millennials and generation-Z is the increasingly difficulties and cost of keeping them in a modern high technology society. James Lyman BSAE, BSEE, MSSM People of…

1) There are expectations that global growth will slow this year to a rate that can become a financial crisis. The Organization for Economic Cooperation and Development claims new data…

1) The Federal Reserved voted for a quarter percent drop in the interest rate, bringing the ire of President Trump in a tweet, complaining the Feds lack the guts and…

1) World oil prices dropped sharply with Saudi Arabian source saying that their oil production could be fully back on line within weeks. This is far sooner than was initially…

1) The drone attacks on two Saudi oil refineries has caused a jump in world oil prices. The strikes wiped out half of Saudi Arabia’s output capacity leading to fears…

1) Two of the largest Wall Street banks are trying to create an index to track the market impact of President Trumps’s tweets. J.P. Morgan Chase and Company has created…