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To the Moon and Back

Michael Coon
16 June 2022

Two companies, Lunar Outpost and AstroForge, just received a combined $25 million to develop technologies for off-Earth mining. Lunar Outpost is developing lunar rovers to retrieve minerals from the Moon. AstroForge is looking to mine elements from near-earth asteroids. The…

Target Misses Its Inventory Target

Michael Coon
14 June 2022

Retail giant Target has announced plans to reduce an excess stock of inventory. At the end of April, the company had $15.1 billion in inventory, which is 43% higher than a year earlier. The increase in inventory is a result…

USWNT Scores a Big Goal

Michael Coon
26 May 2022

In February 2022, the US Women’s National Soccer Team reached an agreement with the US Soccer Federation to settle a lawsuit filed in 2019 over equal pay. Despite having a consistently better record and winning two consecutive World Cups, the…

Household Internet Access – A Luxury or a Necessity to Narrow the Digital Divide?

Sunita Kumari
24 May 2022

The Digital Divide Council defined digital divide as “the gap that exists between individuals who have access to modern information and communication technology and those who lack access” leading to negative impact on economic growth prospects, increasing the education attainment…

Iced Tea Anyone? … Only 99 Cents a Can!

Sunita Kumari
12 May 2022

Yes, in early April 2022, the chairman of AriZona Beverages, Don Vultaggio announced that the price of a 23-ounce can of AriZona iced tea will still be at US$0.99. It has remained unchanged since 1992! To continue to sell each…

What Higher Interest Rates Mean for New Home Buyers?

Veronica Horton
10 May 2022

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 people looking to buy a house. In just the last six months or…

Who Ate All the Chips?

Veronica Horton
5 May 2022

If you think you’ve upped your ability to quickly consume a bag of Doritos, give yourself a break and blame shrinkflation. There were probably fewer chips in the bag this month than just a few months ago. With inflation reaching…

Was Your iPhone Made in India?

Veronica Horton
28 April 2022

Notes: Was the iPhone you just bought made in India? Maybe not, but your next one very well could be. Apple recently announced that it will be increasing production in India. The company hopes the move will help it reduce…

To Give or Not to Give – Hiring Perks to Attract Workers!

Sunita Kumari
21 April 2022

According to the Federal Reserve Economic Data (FRED) website, April 2020 recorded the highest unemployment rate during the COVID-19 pandemic at 14.8%. As of March 2022, the unemployment rate has reduced to 3.6%, which is 0.1% higher than the pre-pandemic…

Chicken Little is an Increasingly Rare Bird

EVs: Driving Change at Convenience Stores

Who’s In The Driver’s Seat: The Changing Dynamics of Auto Production

China’s Population is Declining – Too hot, too cold, or just nice for its Economic Development?

The Externalities Effect of Child Firearm Fatalities in the States

Why is Everything Getting So Expensive?

Understanding the U.S. Labor Market – A January 2023 Snapshot

The New Economics of Car Production

Looming Water Crisis – What can YOU do to Conserve Water?

U.K. Economy Three Years after Brexit