In Mexico, a country burdened by a policy-induced sluggish economy, newly appointed President Claudia Sheinbaum seeks to redefine the national trajectory on her terms. Her success, and Mexico’s, will ultimately depend on her ability to balance continuity with innovation and fix what is broken.Continue Reading
Pickleball, a sport characterized by its low barriers to entry and short learning curve, proved an ideal, low-impact activity for older participants as well as a fun, socially distant activity during the pandemic. This unprecedented surge in popularity, unlike that of any sport to date, marks a profound transformation in America’s larger sporting landscape. The rise of pickleball is projected to continue its remarkable growth, posing exciting business opportunities for brands, investors, and professional and recreational players alike. Continue Reading
The abrupt firing and rehiring of OpenAI founder Sam Altman has sent shockwaves throughout the technological and business sector. Continue Reading
Macroeconomic theory suggests that without any outside intervention, the macroeconomy will self-adjust and return to its long-run state after short-term shocks. The decision for policymakers thus boils down to a cost-benefit analysis taking into account factors like intertemporality and risk tolerance — they can either wait and allow the economy to adjust organically, or sink resources into actively trying to stabilize the economy, taking on the risk of further destabilizing it.Continue Reading
With the growing popularity of green movements in every facet of society, the Securities and Exchange Commission (SEC) is looking to launch the largest green financial initiative in history. They plan on implementing a new climate disclosure rule that will require all public companies to disclose their climate data. If the rule is adopted, it will bring about large pivots in global equity portfolio management and alter the market landscape for many industries.Continue Reading
The current climate-change crisis demands attention and the public is looking to policy makers to make a move. With a variety of advantages and disadvantages to consider, the debate for policy tools has run long.Continue Reading
New York is the flagship city that is a microcosm for greater housing trends in the United States. The mass influx of young people entering New York has created a mega-city with mass urbanization efforts keeping up with a rapidly growing population.Continue Reading
Recently, Ethereum (ETH), the second-largest cryptocurrency in terms of market capitalization, recorded an all-time high price of $4,840, surpassing the $4,800 mark for the first time ever. Other popular cryptocurrencies, such as Bitcoin and Litecoin, surged as well, extending their gains during what has been a bullish few months for the cryptocurrency market. In the following article, senior investing columnist Robert Liu takes a closer look at Ethereum and investigates the factors that have caused it to skyrocket. Continue Reading
How do neobanks stack up to their bigger, older brother: traditional banks. Our Investing Columnist has made this week’s post about the relatively new neobanking industry and whether they are a good investment relative to traditional banks. Continue Reading
Tapering – the end of quantitative easing – has finally arrived, bringing an epilogue to the era of cheap money. How will tapering impact the economy, and what does it mean for the common public? In this article, Financial Literacy columnist Bradley Tian examines the working and implications of the tapering process. Continue Reading