9 March 2020
1) The FCC (Federal Communications Commission) will vote later this month on rules requiring all providers of phone service to implement automatic call blocking. This automatic technology will block illegal…
1) The FCC (Federal Communications Commission) will vote later this month on rules requiring all providers of phone service to implement automatic call blocking. This automatic technology will block illegal…
1) The newest supercomputer called El Capitan, which will become operational in 2023, is being built in Lawrence Livermore National Laboratory at a cost of $600 million dollars. The new…
1) Negative yielding debt are bonds with an interest rate below 0%. Since the peaking of the U.S.- China trade dispute, a third of all investment grade bonds have rates…
1) Despite more than two centuries in New York, JP Morgan is quietly shrinking its workforce there. The bank has been relocating several thousand New York based employees out of…
By: Economic & Finance Report Online stock brokers TD Ameritrade, E*Trade & Charles Schwab have officially cut their online broker commissions to zero. Charles Schwab was the first brokerage, Interactive…
1) A federal judge has ruled that investors may sue five big banks for conspiring to rig prices on bonds worth hundreds of billions of dollars issued by Fannie Mae…
1) China has countered U.S. tariffs imposed last Friday with tariffs on $60 billion dollars of U.S. imports to China. About 10 to 15% of America’s import revenues come from…
By: Economic & Finance Report Nigerian bonds are up over 7% this year alone. In October Naira bonds beat the US stock market over 24% according to data provided by…
By: Economic & Finance Report The investment management firm that is known in the finance world as Pimco, has decided to shut down its equities units. The firm indicated they…