Money & The Economy

Has Capitalism Created a Wasteful Excess of Managers?

Have you noticed there seem to be a lot of managers nowadays? It’s not just you. Professors at the Harvard…

1 year ago

Retail Sales Ticked Down During The Holiday Season As Consumers Tightened Their Belts

Retail sales fell 1.1% in December, unadjusted for inflation, with consumers cutting back spending in almost all sectors except food,…

1 year ago

Inflation, Recession & the Debt Ceiling. Oh my!

As we enter 2023, there are at least three major problems that economic policymakers will have to deal with. We…

1 year ago

Major Banker Takes Billion-Dollar Hit In Just Nine Months

Goldman Sachs lost just over $3 billion on its consumer credit and consumer technology unit from 2020 through the third…

1 year ago

Solving Workday Implementation Challenges

Workday implementation can be complex and time-consuming. It takes a team of organizational experts, Workday consultants, and other company stakeholders…

1 year ago

Just About Every CEO Is Predicting An Economic Downturn In 2023: POLL

Nearly all — 98% — of U.S.-based CEOs anticipate that America will face a recession in 2023, according to The…

1 year ago

Core Prices Tick Up As Inflation Stays Stubbornly High

Core prices increased 0.3% on a monthly basis in December, after growing 0.2% in November, as overall prices rose by…

1 year ago

Consumers Are Paying Record Credit Card Rates Thanks To Sky-High Inflation

Average interest rates for bank-issued credit cards this past November surpassed a record set in 1985, Axios reported Wednesday, citing…

1 year ago

How to Solve the Lobstermen vs Whalers Problem: Water Capitalism

The lobstermen and the whalers are at each other’s throats in Maine. The former need to use strong ropes to…

1 year ago

Top Execs Depart Floundering Electric Vehicle Startup

Several executives at electric vehicle startup Rivian have departed the company in the past several months as the company struggled…

1 year ago