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.
Despite the political backlash and uncertainty for the macroeconomy brought upon by their plan, the Biden Administration remains steadfast in its argument that it is a vital step for Americans in the ultimate goal of solving the student debt crisis. Moreover, they believe it to be an efficient and sustainable solution — they maintain that because of the high default rates for student loans, the actual cost of the debt forgiveness plan will be lower than the theoretical expectation; however, the specifics of that value have proven to be difficult to calculate.
Are we going to have fully autonomous shopping experiences in the future? Will we never have to stand in line again? Are we going to lose jobs because of this advancement in technology? Check out this article to learn more about the implications of Amazon’s automatic checkout technology has on other industries as well as the labor market.
The term sustainable has been growing exponentially in the fashion industry as consumers become more conscious of how their clothes are made. This article won’t focus on all of the environmental damage caused by the textile and fashion industry but will rather focus on what individual consumers can do to improve their own shopping habits from the bottom up.
Despite video streaming gaining its popularity in recent months since the COVID-19 pandemic closed movie theaters, how are corporations like Disney+ and Netflix taking advantage of the shift in consumer behavior? Is video streaming here to stay? Community columnist Emily Tang tells us more!
Nowadays, it seems like you can buy anything online. A single click of a button could result in an excellent purchase, or may well be money flushed down the drain. This read offers a fresh perspective towards online shopping, including the integration of blockchain to create transparency.
So what is a Flex Format store? They’re smaller Target stores carrying just a fraction of the products of full-line locations, with selections individually tailored to fit the specific needs of the surrounding community. Most include a CVS-branded pharmacy, an order pickup area, customer service, and a Starbucks-branded cafe. Clocking in at just 12,000 square feet, the Berkeley Shattuck location in particular is just 8% of the size of your average 145,000-square-foot Target store. The Shattuck location is one of the smallest in the chain, with typical Flex Format locations ranging from 25,000 to 40,000 square feet. Target seems to be heavily leaning into the Flex Format idea, as nearly all of its store openings planned for the next few years fall within the concept parameters.
HOOQ, a premium video-on-demand streaming service, is a joint venture between Warner Media, Sony and Singtel (Asia’s leading communications group). Sony and Warner Media provide a library and develop customized content while Singtel provides captive access to its mobile subscriber base in the Philippines, Thailand and Indonesia. The challenge HOOQ faced was much of their subscriber base would view content on mobile devices, which under current networks can take hours to download or have high latency,