Hard Times at Harvard
Choosing how government monies are spent has always been a focus of the White House, with some presidents favoring spending more on certain social programs, while others trimming back to…
Target Resets Inventory
Target CEO Brian Cornell, warned that the retailer was sharply revising down its guidance on profits and sales and said it would be canceling orders as consumers reined in their…
The Increasing Importance of South-to-South Trade
The world economy is on a recessionary trajectory as global growth is projected to slow to 2.3% in 2025, the UN Trade and Development (UNCTAD) alerts in its new report…
A Rare Situation in the Global Demand For Resources
In a world of highly integrated global supply chains, Donald Trump’s tariff policy has upended business as usual for just about everyone. While most companies say that the tariff policy…
The Challenge of Keeping the Doors Open When Wages Are Rising
If you’re like most people you don’t hesitate to leave a tip for your server after a meal at a restaurant. Tips can provide an incentive for servers to provide…
Impacts of New Tariffs on Fiscal Policy
On April 2, 2025, President Trump signed an executive order imposing a minimum 10 percent tariff on all U.S. imports, with higher tariffs on imports from 57 specific countries. Tariffs…
Amazon’s Prime Day Evolution: A Marketing Masterclass
Amazon's decision to extend Prime Day to four days in 2025 showcases its sophisticated understanding of consumer psychology. By lengthening the event and offering a wider range of promotions, Amazon…
What Ferris Bueller Missed on His Day Off
Should Ferris Bueller have gone to school that day? If he had, he’d have learned about the Smoot-Hawley Tariff Act of 1930. Smoot-Hawley significantly raised U.S. import tariffs with the…
Stagflation – The Ultimate Doomsday Scenario
The Federal Reserve on Wednesday painted a picture of an economy reshaped dramatically by President Donald Trump and his economic trade policies. It warned that tariffs could significantly dampen the…
Playing a Game of Chicken
If you’re fed up with hearing about the price of eggs, never mind paying for them, here’sanother take on chicken - tariffs. The so-called chicken tax is back in the…