Uncategorized

The highest inflation in decades is not easy to tame, but it’s the job of the Fed to tackle this particular problem. Chairman Jerome Powell was previously focused on maintaining low unemployment to let the country heal from a destructive pandemic, but this philosophy seems to have been eclipsed by Continue Reading

About a week ago, President Biden signed the Inflation Reduction Act into law. It’s probably the most transformative piece of legislation passed this year, and something that will surely play a large part in the upcoming midterms. I’ll admit that when I first saw the title of the bill, it Continue Reading

A tragic school shooting has left more than twenty dead, including 19 children. Lawmakers, both at the local and federal level, are grappling with the political fallout from an event that is often repeated in this country, with no solution in sight. Recently, though, there seems to have been a Continue Reading

The Russian invasion is about three weeks old at this point, and Ukraine is feeling the pain. Russian forces have bombed cities, killed civilians, and threatened nuclear war against both Ukraine and any country that helps the Ukrainians. Meanwhile, though, the Russian state has become a pariah on the international Continue Reading

The past few weeks have seen a monumental buildup of troops at the western border of (arguably) one of the world’s great powers. Today, tens of thousands of soldiers are positioned on the frontline between Russia and Ukraine, with tens of thousands more at Ukraine’s border with Belarus. The tense Continue Reading

I’ve talked a lot here about the supply chain problems going on right now—but that’s because of how wide-ranging their implications are. Nowhere is this more evident than the chip shortage, which I touched upon in my previous post. I recently came upon this article by the New York Times Continue Reading

2021 has been a very hectic year, and nowhere is that expressed more than in the financial markets, particularly with regards to cryptocurrency. New coins and blockchains are more popular than ever among the general public, with the appeal of currencies being less of a way of trading with them Continue Reading

About a week ago, the Federal Reserve announced that it would prepare interest rate hikes going into next year, possibly as a result of the somewhat higher levels of inflation in the country right now. The central bank, according to this CNBC article, would do this by slowing down its Continue Reading

A few weeks ago, a new COVID variant, Omicron, was detected by South African scientists- a variant more powerful and transmissible than any other, due to its various mutations. Now, it’s in the United States and other large economies (South Africa included), and its effects are already being felt. Companies Continue Reading

Every year it happens. Millions of Americans rush to malls, department stores, and the Internet to scour for deals on everything from televisions and video games to clothing and cars. Last year (in 2020), ABC News reported that Black Friday for that year had become the second-largest day of online Continue Reading