Daily Economy News

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.

Friday, January 11th, 2019

While people in France and Austria might not be completely aware that this added tax will actually hurt them in the long run, authorities in those two countries should be reminded that the digital tax is nothing but an additional burden on the consumer; pretending the plan is about fairness will not fly.

Wednesday, January 9th, 2019

The fact that Brown was convicted before juvenile sentencing guidelines in Tennessee changed made her case even more heartbreaking. After all, Brown wouldn’t have been tried the same way under the current system.

Monday, January 7th, 2019
Uber is not just helping common people by expanding their earning possibilities, it’s also giving folks with disabilities a shot at being more productive and independent, especially now that it's back at testing its self-driving car technology.
Thursday, December 20th, 2018

The Whole Foods brand has grown and Amazon’s stock soared. More importantly, this takeover woke up retail giants such as Kroger, whose stock suffered a great hit following the purchase. So when experts alerted the world early in 2018 that Amazon was going to purchase Target as well, everyone paid attention.

Tuesday, December 18th, 2018

This makes millennials the first generation in a while to be forced to postpone saving for homes simply because their student loans take up so much of their income. No wonder the growing debt related to higher education has now achieved “crisis” levels.

Wednesday, December 12th, 2018

The sharing economy has made sharing our private property and time more than acceptable; it’s made it a glamorous occupation. As millennials transform side hustles into how they make a living, yet another aspect of our personal lives is becoming fair game: our closets.

Tuesday, December 11th, 2018

Video games, it seems, have become teens’ drug of choice, consuming hours of their lives. The result is what one would expect: bad grades, concerned parents, and broken family relationships. In the end, many are having to go to rehab to regain control of their lives.

Tuesday, December 11th, 2018

Conventional wisdom says that inequality in the United States is spiraling out of control. But what do the data actually say?

Monday, December 10th, 2018

More effective than any government program would have been, the introduction of the internet, increased access to birth control, and the increased awareness that came from a popular TV show obviously helped generations of teens to make better decisions about their own lives.​​​​​​​