Why Interest Rates Matter
Donald Trump has taken to social media to express his views on whether Jerome Powell, Chairman of the Federal Reserve, is acting quickly enough to lower interest rates. According to…
Aldi’s Expansion: Growing Through Affordability and Efficiency in a Competitive Grocery Market
Aldi has recently announced a massive expansion plan. Many people consider this chain’s growth to be rooted in its focus on affordability and operational efficiency. In a nation where food…
The Tapestry-Capri Merger: Navigating Monopolistic Competition in the Fashion Industry
The fashion industry is one of the biggest markets in the United States, valued at about $1.7 trillion and representing about two percent of our gross domestic product. Now, two…
ZiGs: The World’s Newest Currency
In 2009, following an extreme bout of hyperinflation, Zimbabwe abandoned its national currency. During the period of hyperinflation, prices were increasing at an astonishing rate of 5 billion percent annually.…
Federal Reserve hints at possible future interest rate increases
The minutes of the July 2023 meeting of the Federal Open Market Committee indicated that Federal Reserve officials may raise interest rates again in the near future in order to…
What’s Driving the Price of New Cars?
Photo by Lance Asper on Unsplash Imagine yourself sitting in a brand new car. The dashboard is free of dust particles, the carpets are pristine, and the air is filled…
What Higher Interest Rates Mean for New Home Buyers?
Photo by Tierra Mallorca on Unsplash After months of record lows, interest rates are on the rise. That’s great news for people with interest bearing savings account, but not such good news for…
We Have Record Profits, But We Still Need to Raise Prices
Photo by fernandozhiminaicela on Pixabay.com Does it seem like there’s a disconnect between reports of record earnings by large companies and warnings from the same companies that they need to…
In Africa, Don’t Reach For Your Wallet, Grab Your Mobile Instead (video)
Video Clip: https://www.voanews.com/covid-19-pandemic/coronavirus-pandemic-fuels-mobile-money-transactions-nigeria (Time: 3:04) Abstract: As the COVID-19 pandemic continues to disrupt business and lives across the world, one industry that is still growing is Africa’s mobile money business.…
Paid in Full? The Student Loan Crisis
Student loan debt is a universal crisis in our nation that is transcending race, age, and gender groups. A CNBC report illustrates that while student loan debt has slowed in…