No Free Money

No Free Money

Posted by on Jun 3, 2020 in Economics | No Comments

The COVID-19 pandemic and economic shutdown has been a disaster for many small businesses in the United States. To help address this problem, the federal government created the PPP, or Paycheck Protection Program. The first round of PPP money–$349 billion–was gone in just thirteen days. However, the second round–an additional $310 billion–still has about a […]

Unemployment on the Rise

Unemployment on the Rise

Posted by on May 20, 2020 in Economics | No Comments

Have you or someone you know lost a job as a result of COVID-19? It should come as no surprise to anyone that the global pandemic has taken a devastating toll on the U.S. economy. But it’s starting to become clear exactly how big a deal this really is. New reports from the Department of […]

COVID-19 and the Economy

COVID-19 and the Economy

Posted by on Mar 30, 2020 in Current Events, Economics | No Comments

By now, you are hopefully adjusting to the “new normal” of self-isolation and social distancing. But what effect are all of these closed-down restaurants, bars, fitness centers, schools, and more having on the economy? Experts agree that we will probably face a significant recession (or even a depression) as a result of these widespread closures. […]

Environmental Injustice

Environmental Injustice

Posted by on Jan 22, 2020 in Economics, People and Culture, United States | No Comments

Earlier this week, our nation celebrated the memory of civil rights leader Dr. Martin Luther King, Jr. For many, Monday was a day to consider race relations in our country today, and how they have changed (or not) since Dr. King’s time. One issue that is still linked to racial inequality today is housing. Where […]

California Takes a Stand on Fracking

California Takes a Stand on Fracking

Posted by on Dec 5, 2019 in Economics, Science and Technology | No Comments

You’ve heard of fracking, or hydraulic fracturing–the process by which oil and natural gas are removed from the earth by shooting a high-pressure water, sand, and chemical mixture into the rock deep inside the earth, pushing the oil and natural gas to the surface. It’s a highly controversial drilling technique with potentially serious environmental consequences. […]

College Athletes: To Pay or Not to Pay?

College Athletes: To Pay or Not to Pay?

Posted by on Nov 4, 2019 in Current Events, Economics, You Decide! | No Comments

They bring in billions of dollars in revenue and tons of recognition for colleges, yet they themselves are not allowed to profit from their skills in any way. This has always been the role of college athletes, even at Division I schools that can make thousands or even millions by using the athlete’s image for […]

Are Drive-Thru Lanes Hitting the Road?

Are Drive-Thru Lanes Hitting the Road?

Posted by on Oct 17, 2019 in Economics | No Comments

It’s been a long day of school and practice. You’re starving, but you don’t have a lot of money or time. What will you do? If you’re like most Americans, you’ll go through the drive-thru line of your favorite fast food restaurant. But that might be getting harder to do, as some cities are now […]

Amazon’s HQ2 Announced

Amazon’s HQ2 Announced

Posted by on Nov 26, 2018 in Current Events, Economics | No Comments

The coming holiday season means, among other things, Amazon boxes on doorsteps and Amazon trucks on the highway. For many of us, it can be hard to remember a time before the online shopping giant. Ever since Amazon announced that they would be building a second U.S. headquarters–known as HQ2–cities large and small have been […]

Stock Market Plummets: Crisis or Capitalism?

Stock Market Plummets: Crisis or Capitalism?

Posted by on Feb 14, 2018 in Economics | No Comments

On Monday, the Dow Jones Industrial Average lost more than 1,500 points (more than 6%). This was the worst fall in six years, and at one point, the biggest one-day drop in history. So should we panic? What Caused the Plunge? The drop wasn’t caused by any one fundamental thing. Instead, there were a number […]

Obama Rejects Keystone Pipeline (Again)

Obama Rejects Keystone Pipeline (Again)

Posted by on Nov 16, 2015 in Economics, United States | No Comments

Last year, btw wanted to know your thoughts about the Keystone XL Pipeline. Earlier this month, President Obama formally rejected the permit that would allow its completion. Let’s take a closer look about what has happened and what it means. Pipeline Timeline It begins with TransCanada, the company that wants to build a 1,179-mile pipeline […]