Inflation is an economic term describing the sustained rise in prices of goods and services within a period. To some, it indicates a struggling economy, whereas others view it as an indicator of a prospering economy. Here, we examine the favorable effects of inflation. Higher Business Profit Inflation allows producers…

Inflation is an economic term describing the sustained increase in prices of goods and services within a period. To some, it indicates a struggling economy, whereas others see it as an indicator of a prospering economy. Here, we examine the negative effects of inflation. Erosion of Purchasing Power Inflation causes…

Small businesses with fewer than 500 employees account for 48% of all American jobs and 43.5% of the United States GDP. However, they are facing an existential threat in the wake of the coronavirus crisis. National lockdowns, economic downturns, and supply chain disruptions have ravaged small businesses across the world. …

In the past, people would generally retire past the age of 60–65, however trends show that the retirement age is increasing and people could work well up to the age of 70–80. …

Global economies were ravaged buy the coronavirus in 2020, however the same cannot be said for the stock market. Despite an initial slump, markets have since peaked. “The gap between markets and economic data has never been larger,” wrote Matt King from Citigroup. Policy Measures The Federal Reserve and Congress…

Ever since the 2008 recession, there has been an enormous runup in the stock market, accelerating growth in GDP, and a steady increase in job growth. However, despite these encouraging economic trends, wages are not keeping up. Wages have simply not kept pace with inflation. In the United States, wages…

The Covid-19 pandemic has caused the largest and fastest decline in international trade, foreign direct investment, and international travel in recent history. Forecasts indicated up to a 32% slump in merchandise trade, a 40% reduction in foreign direct investment, and an 80% slump in international airline travelers in 2020. Although…

In 2020, Chinese regulators levied strict antitrust penalties against Chinese e-commerce giant Alibaba. The same year, they proceeded to open an investigation into Didi, a ride-hailing application, 2 days after its initial public offering on the New York Stock Exchange and eventually pulled the app off stores on allegations of…

The COVID-19 pandemic has ignited the discussion about universal basic income (UBI) and has brought attention to the rising income inequality in India. The idea of UBI has been put forth repeatedly in history. …