The United States is unexpectedly facing a shortage of coins across the country. Banks and businesses are reporting a dramatic decrease in the circulation of coin. The decrease in the coin supply is based on the partial closure of the economy and reduced coin production…
Retail sales plummeted during the coronavirus lockdown, which is bad news for more people than just business owners. This video shows how retailers drive economic growth by creating a ripple effect of sales across many different sectors. Discussion Questions: How do retail sales help drive…
During the first six months of 2020, U.S. stock markets went through their biggest quarter-to-quarter swing in more than 80 years. March saw share prices plummet as businesses across the country closed or altered their hours. Then an unprecedented round of economic stimulus from the…
As many communities canceled Fourth of July celebrations and fireworks shows, more Americans chose to celebrate at home. This shift from public celebration to private parties led to a significant increase in firework sales. Some areas reported a doubling of personal firework sales over 2019.…
Cornell Professor Robert Frank’s most recent book, Under the Influence: Putting Peer Pressure to Work, is about behavioral contagion—the tendency for ideas and behaviors to spread from person to person much like contagious diseases. With live gatherings on hold, Cornell University recently asked Professor Frank…
According to experts, the coronavirus pandemic has deepened economic inequality and expanded the racial wealth gap across the U.S. While the unemployment rate for white workers sits at 12.4 percent, the rate among black and Hispanic workers has gone up to 16.8% and 17.6% respectively.…
Run Time: 2:21 Abstract: Negotiating the terms of the new arrangement between the United Kingdom and the European Union following the 2016 UK vote to leave the bloc was a complex situation from the start. Now though, thanks to the fallout from the global COVID-19…
Back in April, we looked at how American dairy farmers were dumping thousands of gallons of milk due to drastic drops in demand from businesses and schools. This video illustrates how this problem has grown in the months since and offers potential solutions that could…
