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Sony Makes A Classic Move

Marcellus Morris

9/25/18

Economics Capstone

Week 4

Sony Warms The Hearts of Its Old Fans

Breaking News September 20th at 9:12 AM
Gamers all over the country will be breaking out their wallets again. For many, this console is one that people fell in love with starting their video game voyage. Sony has announced that it will be releasing the PlayStation Classic. It is going to be the smaller version of the original console that was released…

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Snapchat Teams Up With Amazon

Week 4

Capstone 1

9/24/2018

Snapchat is teaming up with Amazon.com Inc. to make it easier for the users of Snapchat to buy products that they want. Users will be able to point their Snapchat camera at a product, and the camera will scan its image or the barcode. If Amazon recognizes the product, a table with a link of the product will pop up on the screen. This news was posted on Snap’s website. This tool is only available to a small number of users in the U.S. but soon it…

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ECON 6644-02    

       On September 23, 2018, there was an article written by James Marson, titled “Struggling U.S. Farmers Have a New Worry: A Resurgent Russia. In this article, Marson talks about a farmer named Vladimir Mishurov, “whom replaced his aging Russian farming equipment with a dozen high-tech machines, using new fertilizers and bought about 3600 acres of land due to Russia’s overall costs” (Marson 2018). Ultimately, this example displays that Russian all-around farming…

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On September 20th, 2018, the New York Times's Maham Abedi posted an article about a possible think-tank says that the overall economic growth is set to slow that includes Canada. Laurence Boone, a chief economist warned that “the world trade growth is beginning to plateau amid friction among countries.”  The Paris-based Organization for Economic Cooperation and Development (OECD), predicted that there would be an expansion of the global economy having a new peak in the September…

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Brexit Plans Won't Work

On September 20th 2018, the New York Times published an aritcle that details how difficult the remaining EU members are making Brexit talks. Many EU members are sympatheic to the U.K. while others are almost being vindicitve toward the country. 

Prime Minister Theresa May proposed a plan called the "Chequers Plan" which calls for free trade between Northern Ireland and Ireland, which would resolve customs issues. This plan, and its economic impacts further divided many leaders in the…

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ECON 6644 - 02 

On September 11, 2018, The New York Times published an article about investors being afraid of the growing risks of investing in developing countries, which has led them to pull their funds. The developing countries that are having all different, major problems that cause investors to be more cautious are Argentina, Russia, South Africa, and Turkey.

The challenges that the developing countries face are problems that can affect the entire global economy. It can be…

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Amazon The Alabama of Retail



Marcellus Morris

9/17/18

Economics Capstone

Amazon To Come For Another Category

Breaking News September 12th at 2:19 PM

Amazon has decided to take its talents to another level. With it already selling everything under the sun, they have decided to sell Christmas trees. The trees they are going to sell will range from the size of two feet tall up to seven feet tall. Trees that are featured by them are Fraser Fir, Balsam Fir,…

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With the new tax rule, the IRS now allows a company to deduct 100% of plane costs a company might incur with the purchase of a new or used jet. This has now begun a frenzy in the private jet market. Before companies were only allowed to write off 50% of plane costs. This new tax law has stirred up a massive increase in demand for private jets. Now, companies that might not have looked at buying a plane before now have the option to take full advantage of the new tax law. 

A…

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Capstone I 

Week 3

9/18/2018

Thomas Jordan, the chairman of the governing board of the Swiss National Bank (SNB), and his SNB colleagues are caught between the forces of a strong economy and a strong franc.

The currency was put back where it was a year ago because of investor unease about Italy, Turkey, and Argentina. According to the Bloomberg article, this is keeping the SNB alert about a damaging appreciation. This move came along with a strong economic outlook,…

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Gabriel Hubieres

Capstone 1

Week 3

9/18/2018

                              Contrary to the belief that overpopulation is becoming a major problem to countries, Economists are warning that low fertility rates, especially in the world's largest economies such as the U.S., China, Japan, and Germany may lead to slower economic growth, and threaten safety net programs such as pensions and healthcare. They argue that unless countries increase their…

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Volkswagen Goes 3D

Marcellus Morris
9/11/18
Economics Capstone

Volkswagen to Use 3D Printer to Mass Produce Parts

Breaking News September 11th at 12:04 PM
The largest car maker in the world has announced that it was going to use a 3D printer for its parts on Tuesday. They were going to use HP metal printing technology to produce certain parts. Volkswagen is starting with gear knobs and custom tailgate lettering. They hope to mass produce structural parts within the next two…

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WASHINGTON (Reuters) - U.S. businesses have scaled back or postponed investments in several parts of the country due to concerns about international trade tensions, the Federal Reserve said on Wednesday. The U.S. central bank also said in its Beige Book report that the effects of tariffs appeared to be modest, though they were boosting input prices, particularly among manufacturers.The report, a snapshot of the economy gleaned from discussions with business contacts in the Fed’s 12…

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Gross Domestic Product, Q2 2018

GDP increased 4.2% in the second quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1% point more than the “advance” estimate released in July. In the first quarter, real GDP increased 2.2 percent. This was released on August 29, 2018 and the next release will be on September 27, 2018. According to Bloomberg, GDI is just another metric of economic activity produced by the Bureau of Economic Analysis. The “advance “estimate…

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Gabriel Hubieres

Capstone 1

Week 2

9/11/2018

                        According to the Department of Labor, the labor market has seen job openings hit its highest yet due to an increased percentage of workers leaving their positions hitting a high not seen since 2001. As of July, the number of job openings has exceeded the number of unemployed people by 659,000, which according to Bloomberg is why wages have increased in August at a pace not seen since 2009.…

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Amazon announced it purchased 20,000 Mercedes Benz vans for its small delivery based service. These vans will be leased to the small business owners that have signed up for Amazon's delivery service. This service gives entrepreneurs to start their own small-scale distribution company. The benefits of going through the Amazon service is the startup costs are much smaller than they would be if someone was to go the traditional way. For example, if someone was to start up a traditional delivery…

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According to Bloomberg, Turkey had one of the best growth performances in the second quarter, but the economy of Turkey is showing signs of a slowdown. Some investors say that this slowdown will turn into a technical recession later this year. During the three months through June, the gross domestic output rose 5.2%, which is in line with the 5.3% median estimated by a Bloomberg survey. Data shows that consumers and investors are slowing down, while government spending and exporters…

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