Welcome to class When you think of drivers of the economy you might think of manufacturing, or exports. But since last year, you may also think of Taylor Swift. Her groundbreaking, multi-billion “Eras” tour dished out a boost to local economies, including hotels and restaurants. When her relationship with Kansas City Chiefs tight-end Travis Kelce…Read more
Retirement Is Here The world over, nations are grappling with aging populations and their impact on the economy. The U.S. is no exception to demographic change. Here’s where we’re at: The entirety of the baby boomer generation could retire within the decade, according to estimates from the U.S. Census Bureau. And as boomers exit the…Read more
Reality Check Layoffs can be hard to stomach. And during a time that the economy is booming, they’re even harder to reconcile with what economic data seems to be telling us. Let’s break down this disconnect. Various Fortune 500 companies, including UPS (UPS), eBay (EBAY), and Microsoft (MSFT), have announced mass layoffs recently. But they…Read more
