As the United States attempts to build back the economy in the aftermath of the COVID-19 pandemic, debate over raising the federal minimum wage rages in Congress. What will this measure cost us? How much will it help? We explore this and more in the following article as we make the case for why we need a $15 federal minimum wage.
The U.S. dollar finds itself as the currency of the global economy. In extreme circumstances, many countries even replace their own sovereign currencies for the dollar, in hopes of bringing much-needed economic stability. The dollar’s dominance, however, is not uncontested and its use is not without drawbacks.
BRB hones into the industry of private tutoring, and uses a case study in Singapore to show the effectiveness, efficiency and profitability of a firm in this market if executed correctly.
What happens when entire countries can no longer pay their debts in the 21st century? Is the international economy strong enough to handle dozens of insolvent countries—especially in the middle of a global pandemic? This article explores how countries became indebted before and during COVID-19 and whether the current strategy of sovereign debt reduction is an effective way to stabilize countries in the midst of a public health crisis.
With the coronavirus spreading throughout the US, the CARES Act is intended to stop people from finding employment in high transmission jobs, spreading COVID-19 further. How effective is this act? Wayne Chien takes us further with this article.