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Bob’s Stores, a longtime Northeast clothing store chain, announced this week that it is shutting down after it failed to secure financing amid a...
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Major retailers are backtracking on self-checkout
Clothing chain Bob’s Stores closing after 70 years
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Read the transcript of President Biden’s first post-debate interview
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Economy
After years of investing in self-checkout machines, some major retailers are starting to reverse course. Dollar General said it has eliminated self-checkout options at...
Economy
Travelers heading out for the July 4 holiday can expect plenty of company this year. Nearly 71 million people will be on the move...
Economy
On an otherwise sleepy afternoon of Friday, March 10, 2023, we witnessed the second-largest bank collapse in US history. Around midday, the California Department...
Economy
Following the recent US-imposed microchip bans on China, The Biden Administration launched the CHIPS for America Funding Opportunity. The administration aims to revitalize the...
Economy
When gas prices rose 150 percent from June 2020 to June 2023, politicians and the media didn’t hesitate to blame corporate greed. The evidence...
Economy
As an academic economist, my job is to pursue the truth, so I am always flummoxed by the rhetoric coming out of that great...
Economy
Federal budget hawks are in a pickle. Having predicted nine out of the last zero debt crises, those of us worried about the trajectory...
Economy
Following a 0.93 percent rise in January 2023, the Everyday Price Index (EPI) rose 0.67 percent in February 2023. At 282.6 (1987 = 100),...
Economy
When I introduce my (mostly) freshmen students to the economics of international trade, I steal an idea that I learned from David Friedman and...
Economy
For some time now, political pundits and activist academics have hung onto the mindset that anything that is big, especially if brought on by...
Economy
The Biden Administration’s 2023 budget bill made headlines by proposing a so-called “billionaire tax,” imposing a 25-percent minimum rate on the “unrealized capital gains”...
Economy
As these things tend to, the collapse of Silicon Valley Bank (SVB) has given rise to a host of wide-ranging discussions. Again comes a...
