Why does a $7,000 Louis Vuitton bag create more demand than a $70 bag you can buy on Amazon? According to the law of demand, which states that the demand for the product is inversely proportional to the price of the product, demand...
Karina Shah, Contributing Writer
• October 27, 2023
One of the greatest things about a capitalistic society is that consumers almost always have access to the commodities they want. However, we often do not think about the complicated processes, with numerous individuals involved,...
Whether you’re interested in finance or not, Ken Griffin is a name that's hard to avoid. As the founder and CEO of Citadel Securities, he has redefined the markets by building an empire based on hedge funds, asset management...
I never thought that I would become like my parents: the people who stand at the checkout line at grocery stores and make small talk about the rising prices. This was until I bought a bag of groceries at Price Chopper last week....
As I sit down to write this, I find myself in the midst of a struggle that college first-years have faced since the dawn of time: finding a summer job. My parents have made it abundantly clear that, yes, they love me, but being...
You might have forgotten already, but on March 10, the United States experienced the second-biggest banking failure in the country's history. Maybe I should write that again just to hammer the point home: in its history. The dramatic...
Widely considered the most successful long-term investor of the past century, Warren Buffett consistently stressed the importance of investing in a good company over an economic forecast. Buffett is the speaker of famous quotes...
On Wednesday, Nov. 2, the Federal Reserve boldly went where it hasn’t gone since the financial crisis of 2008. In its latest Federal Open Market Committee meeting, Fed Chairman Jerome Powell announced that the United States...
Netflix’s stock has been in freefall ever since they reported their first quarter earnings for the 2022 fiscal year over two weeks ago. After initially falling by around 35% following the disappointing results, the stock has...
President Joe Biden extended the federal student loan interest payment and collection pause period yet again on April 6, marking the sixth prolongment of the freeze in the last two years. In a Department of Education press release,...
America has a big problem, and it’s getting bigger with each passing day — not a historically unfamiliar or abstract problem, but one well-studied as a destroyer of great nations; even great republics similar to ours have...
