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…
Is Forever 21 Forever Gone?
The world of fast fashion may be losing one of its original superstars. Forever 21, mallfavorite and home to a cacophony of graphic T-shirts, brightly colored skirts and dresses, anddenim…
Ozempic and the Economy
Since its emergence as a potential drug to treat obesity, Ozempic has been making an outsized impact on the U.S. healthcare industry. Now, as more and more Americans turn to…
It’s Curtains for Joann
After more than 80 years in business, Joann (formerly known as Jo-Ann Fabrics), anationwide chain selling fabric and craft supplies, has announced it is closing all of itsstores. The chain…
It’s In The Can
If you’re not in the market for a new car or maybe a refrigerator, you don’t need to worryabout any impact from the new 25 percent tariffs on all steel…