Canada Taps In
Shortly after the US announced a release of petroleum from the Strategic Petroleum Reserve coordinated with several other countries, Canada announce that they too would be tapping in to their…
Out of toilet paper? …Again!
Shelves emptied of toilet paper, due to panic buying The wholesaler company, Costco, started limiting the number of bundled toilet paper-rolls each membership cardholder could buy per visit recently, in…
Timber! Lumber Prices are Falling
Recent data from the Bureau of Labor Statistics show that the average price level for consumers rose 5.4% over the past year. While some are expressing concern over rising inflation…
Mark-ups in the Used Car Market
The past few months has seen a dramatic increase in the demand for vehicles. As cities begin to reopen, households are looking to purchase new cars to drive to the…
Gasoline Pipeline Hack Causes Fuel Shortage on East Coast
Last week, hackers began a ransomware attack on the Colonial Pipeline, a major conduit that supplies nearly half of the East Coast’s oil. The hack completely shut down petroleum transportation…
Luxury handbags…for your feet?
Photo by Modern Affliction on Unsplash Fashion collective recently announced they will be creating “(t)he most exclusive sandal ever made.” Known for their creative, avant-garde fashion designs, their latest creation…
Why Some Texans’ Electricity Bills Went Through the Roof
A couple of weeks ago, Texas’ power grid failed after a historic snowstorm and cold snap overwhelmed the state. As millions struggled without electricity or heat, those who had power…
Boxed Out: China’s Exports Pinched by Global Run On Shipping Containers
Abstract: Disruptions to global supply chains have taken on a new level of complexity in recent months, this time caused by a shortage of shipping containers. Despite estimates of as…
Falling Rents in US Cities
Rents in Manhattan have fallen sharply in the past month. The median rent fell by 7%, marking the first time rents in the New York borough have decreased in over…
Aluminum Can Shortages Slow Beverage Production
Dr. Pepper took to social media to apologize to its loyal customers for the shortage that they are facing. Many customers are having a hard time finding the product in local stores.…