Despite the sheer stress and anxiety that the college application process induces, society has embraced it as the norm. This does not benefit anyone–or does it? Hundreds of corporations and other organizations have learned to capitalize on this stressful process, making millions of dollars in profit and transforming college applications into a booming industry.Continue Reading
Transferring currency across international borders is often met with various hurdles, especially for those in emerging markets. In this article, investing columnist Aditi Somayajula explains some of these challenges, as well as how fintech companies are attempting to streamline different aspects of cross-border payments. Continue Reading
Democracy is based on winning the popular vote and maintaining an image that will keep the public content. As a result, it might hinder politicians and lawmakers from creating policies that would be good for economic growth but unappealing to the voter bank.Continue Reading
“Debt is bad” is simply a lie. You want to get into debt! Investing Columnist Aaron Jun Kit Wu explains the strategies to use debt to make a profit in the real estate and stock market.Continue Reading
When the Fed increases their interest rates, stock prices drop and loan rates increase. However, there is a way to make a profit! Investing Columnist Aaron Jun Kit Wu dives into the strategies on how to turn a profit when cash supply decreases in the stock market.Continue Reading
The NIL (name, image, and likeness) rules of 2021 now offer college athletes a way to support themselves by getting paid for the use of their name, image, and likeness while staying in school and not choosing the route of professional sports. The NIL has transformed and will continue to transform how fringe NBA draft prospects view the draft and make decisions about their future. There will be ramifications for athletes, college sports programs, the NBA draft, and wealthy individuals who choose to fund NIL deals to support their favorite college team. Continue Reading
The fact of the matter is that award shows are losing more and more of their audience with each year. With the rise of social media and the internet, they have become old-fashioned relics of the past. So what can organizers do to generate higher interest and attract a wider audience?Continue Reading
Last year, investor sentiment suggested that South Korean e-commerce giant Coupang would come to parallel the success of Amazon or the Alibaba Group. But since then, optimism has fallen. In this article, Investing Columnist Aditi Somayajula explains how, in the absence of a sustainable profitability model, Coupang might fare in the long term.Continue Reading
When consumer behavior and sentiment dictate how the economy will turn out, it’s no surprise that the sales trends of certain goods on the market can predict economic health. Everything from the height of women’s skirts to the price of Big Mac burgers says something about people’s finances. Community Columnist Felicia Mo explores two unconventional economic indicators – lipstick and men’s underwear – that economists use to signal and prepare for incoming recessions.
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The Economist is an imperfect, classical-liberal publication that over-analyzes problems and sometimes makes grand predictions on limited information. Yet, it still remains my favorite publication by far.Continue Reading