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 UFC has experienced drastic growth since its founding in 1993. Not only has the organization cemented itself as the premier mixed martial arts promotion, but the enterprise has also developed into one of the most successful sports leagues in the globe. Armed with an abundance of financial resources, the organization has done an excellent job in expanding its global stronghold and negotiating promising business deals. However, the organization’s financial success has been largely overshadowed by its unethical compensation of fighters, a controversy that has sparked immense public outrage. To resolve this scandal and repair its public image, it is crucial for the UFC to recognize its past injustices and implement a reformed fighter compensation structure. In doing so, the company will restore its currently fractured reputation and properly position itself for sustainable long-term success.Continue Reading

A new restaurant model has stealthily emerged in response to the industry’s devastating financial losses from the pandemic: the ghost kitchen, a facility designed solely to prepare meals and deliver them to your doorstep. In this article, Community Columnist Felicia Mo uncovers the reason why you’ll never know where your food really comes from when you order online, as well as the good, bad, and ugly of this new business strategy.Continue Reading

The COVID-19 has, unequivocally, triggered a global crisis comparable in size to historical precedents such as the Great Recession of 2008. While the two may be similar in their ramifications, the current crisis differs significantly from the 2008 crisis. This article discusses noteworthy insights for policymakers and investors alike. Continue Reading

Contactless payments have taken the world by storm, with its boasted efficiency and how it makes it easy for customers to purchase products with one less step in the process of transactions. Learn more about the intricacies of contactless payments, and how they will impact consumers, businesses, and the overall society from a macro perspective.Continue Reading