November 2, 2021

As debates in Washington about raising the debt ceiling once again make the news, this video provides a comprehensive and straightforward explanation of the U.S. national debt. Along with examining the sale of government bonds, the video also considers whether or not the country should retain the debt limit. 

Questions:

  1. How does the sale of bonds benefit both investors and the government? 
  2. Do you think the U.S. should continue to maintain a debt limit? Why or why not?
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October 26, 2021

In April, the tech giant Apple made a change to its privacy policy that prohibits advertisers from tracking users without their consent. Analysts predicted that this decision would lead to major changes in the $100 billion mobile ad market led by social networks like Facebook and Snapchat. These fears were confirmed for the latter last week when Snapchat announced that the policy prevented it from measuring the reach of its mobile ads, sending its stock price tumbling by 25 percent. Continue reading

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October 8, 2021

For weeks, stock markets across the globe have become increasingly volatile as investors await the fate of Evergrande, an enormous Chinese real estate company with more than $300 billion in debt. Analysts predict that the property developer will not be able to pay back what it owes, which would likely have damaging ripple effects across the global economy. The video below looks at Evergrande’s current debt debacle and the possible ways that this situation could be resolved.

Questions:

  1. Why are Continue reading
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October 7, 2021

When summer came to a close last year, restaurants across the country scrambled to keep diners eating outdoors even as the weather turned cold. This led to improvised setups with shelters and gas heaters that sometimes brought about more problems than they solved. For example, every night Ellen Yin’s restaurant in Philadelphia would burn through more than 10 propane tanks for their heat lamps, with staff often changing the tanks throughout the evening. “A couple of times I went to Continue reading

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October 5, 2021

More than 3.5 billion people around the world communicate through Facebook and its collection of apps like Instagram, WhatsApp, Messenger, and Oculus. But for about six hours yesterday, no one was using these platforms as Facebook disappeared from the Internet. Company representatives said that this outage occurred when “backbone routers that coordinate network traffic” failed and brought services completely to a halt. The total shutdown meant that Facebook could not remotely reset its network, requiring it to send out a Continue reading

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October 1, 2021

For months, supply chains across the globe have become highly disrupted due to a multitude of factors related to the pandemic. From closed factories and clogged ports to a shortage of shipping containers, supply chain snags are harming small businesses and could possibly affect the flow of goods during the Christmas season. And in the immediate term, shipping issues are contributing to rising inflation which then leads to price increases, something that has been felt by consumers across Continue reading

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September 1, 2021

Over the course of the pandemic, problems with global supply chains have affected companies both large and small, leading some to reconsider their relationships with international manufacturers. Many other businesses are waiting for their products to arrive after weeks or even months of delays. For instance, the toy maker MGA Entertainment said its stock of Rainbow High dolls has been held up overseas due to a shortage of shipping containers. As a result, the company will likely not Continue reading

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August 26, 2021

For years now, many consumers have made an effort to cut down on their use of plastic bags by relying on cotton totes instead. Along with being better for the environment than non-biodegradable, single-use plastic, cotton bags can also serve as walking billboards for any organization that places their logo upon them. As a result, these totes can be spotted in stores the world over, emblazoned with branding from supermarkets, magazines, charities, and radio stations. 

But while cotton bags Continue reading

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August 20, 2021

This week, T-Mobile announced that hackers obtained the personal information of millions of customers in a ransomware attack. While the telecommunications giant said that 40 million users had their data compromised, the thieves themselves claimed they made off with information from more than 100 million people. This includes customers’ names, phone numbers, and addresses as well as other sensitive data such as social security numbers, drivers license information, and PIN numbers.

T-Mobile added that no passwords or account numbers were Continue reading

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August 17, 2021

The economic disruptions of the past year and a half caused small businesses to lose an average of 11 percent of their revenues. This was not the case for the globe’s big corporations, though. According to a McKinsey study of 5,500 “big, highly productive” U.S. and European companies, all surveyed firms reported that they experienced no declines in sales during the pandemic.

Although large companies had already been overtaking their smaller rivals before 2020, economists say that the pandemic widened Continue reading

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