Daily Economy

Friday, March 15th, 2019

By finding a way to make the life of consumers easier, Kohl’s managed to stay relevant while boosting its sales in the meantime. In this case, the firm learned that if you can’t beat them, you might as well join them. And by working on something new, something that has drawn in younger customers to its stores, the company has used Amazon’s popularity among the younger crowd to get more people to walk inside its shop.

Thursday, March 14th, 2019

Young people were never as deep in debt as they are now, a new New York Federal Reserve report claims. And while there are plenty of factors that led to the current crisis, there are some underlying economic problems that have made this situation worse.

Friday, March 8th, 2019

Still, there’s absolutely no need for the government to pretend it has the duty to provide this service. As a matter of fact, it is the very roadblocks imposed by local governments that make it difficult for companies to have a greater presence in remote areas.

Thursday, March 7th, 2019

Despite their recommendations, technology offers a sometimes more effective — and affordable — alternative to putting patients face-to-face with psychologists. All that the government agency has to do to truly help patients is to get out of the way.

Tuesday, March 5th, 2019

It’s 2019, nearly five years after the Flint, Michigan, water crisis became news nationwide. But the city is still struggling to get access to clean water.

Wednesday, February 27th, 2019

A record 7 million Americans are now behind on their auto-loan payments. But as auto loans have surged by nearly 35 percent since 2008, one might wonder if the government has a hand in this new crisis.

Friday, February 22nd, 2019

With 40 percent of student-loan borrowers expected to default by 2023, this proposal may appeal to many in the federal government. But when a crisis such as this is born out of artificial demand for college education, which inflates the cost of pursuing a degree, wouldn’t this purported solution add more fuel to the fire?

Friday, February 22nd, 2019

Drone technology has a lot of untapped potential. Unfortunately, most Americans might only know about the unmanned aerial vehicles thanks to the U.S. government and its unconstitutional drone war.

Tuesday, February 19th, 2019

Truckers involved in the “slow roll” protest argue that the regulations in question decrease how much time they can drive per day. And as the nation faces a shortage of truck drivers, retailers are more pressed than ever to find efficient ways to get their goods delivered fast.

Tuesday, February 19th, 2019

According to a recent New York Times piece, workers who supported and helped to push for the minimum wage increase in New York City are now being fired — and for unfair reasons, they claim. But how could anyone call these firings unfair when employers are being forced to raise everybody’s wage?

Monday, February 18th, 2019

Americans don’t like public transit, and you can’t blame them. Inconvenience, ineffectiveness, and sluggishness are some of the main issues they often complain about when explaining why they aren’t taking the bus or riding the metro these days.

Friday, February 15th, 2019

And as Uber Eats becomes one of the strongest players in the industry, despite its origin as a ride-sharing app, it’s become even clearer that when there’s a need, the market will find a way to make it possible. And it’s the customer who benefits as a result.

Thursday, February 14th, 2019

Unfortunately, it didn't cross the privileged lawmaker's mind that, perhaps, this type of exchange is beneficial to those in line. After all, they accepted to stand in for a lobbyist in exchange for money whereas they could be outside in the cold otherwise, making no money or having to beg for change.

Monday, February 11th, 2019

The site learned that of the 1,013 Amazon users it polled, 36.7 percent said they would be comfortable purchasing Amazon-branded prescription drugs while 16 percent said they would use a virtual doctor-visit service from Amazon.

Monday, February 11th, 2019

As millennials struggle to put their money to work, still dreaming of owning homes but not being able to, they find it difficult to prioritize anything that won’t offer them real value in the long run. As expected, fast fashion is one of the first items to fall to the bottom of their list of wishes.

Wednesday, January 30th, 2019

Millennials, it seems, are killing yet another industry. Considering the new “victim” is the funeral home market, one can’t help but wonder if that’s not a positive change. Still, there’s a lot more to this sped-up “death” than meets the eye, especially if you look at how powerful the funeral lobby has been in the past.

Monday, January 28th, 2019

Netflix may have started as a modest streaming service, giving viewers the opportunity to consume entertainment that only large TV and Hollywood studios could produce. But as consumers started ditching traditional cable packages for internet streaming, Netflix became a giant in its own right, producing big entertainment for all segments of the population.

Thursday, January 24th, 2019

Scheduled to take place in April and May 2017, the Fyre Festival became a cautionary tale about events hyped by social media influencers. But as it turned out, it also became a great example of how civil society can use technology for good.

Monday, January 21st, 2019

When governments try to take responsibility away from consumers, they do more harm than good by teaching them they are vulnerable victims who should rely on regulators to tell them what’s safe and what’s not.

Sunday, January 13th, 2019

While many of the news outlets reporting on these findings urge young people to get a plan in place so they can pay off their debt, the reality is that government’s push to give everyone a college education is what has greatly contributed to young people’s debt load. And what’s worse, degrees are not actually helping many young people get a job.