All Posts in #Economy
Could Prime Day 2018 Beat Previous Top Sales Day for Amazon?
Amazon has announced the date for Prime Day 2018, which will be its longest one yet – running for 36 hours straight starting on July 16 at 3 p.m. ET. Ray Wimer is an assistant professor of retail practice at…
Businesses, Consumers Should Prep Contingency Plan for Potential UPS Strike
The United Parcel Service could be facing one of its largest strikes in decades. The International Brotherhood of Teamsters, which covers roughly 260,000 UPS workers, reports the overwhelming majority of UPS members have given the green light to strike if…
Latest Sears’ Announcement is Really About Private Brand Portfolio
Sears announced today that it plans to close 72 non-profitable stores as “part of ongoing efforts to streamline the company’s operations.” The list of exact stores that will be impacted will be announced later on today. Ray Wimer is an…
Opioid Crisis Centers Around Poverty, Expert Says
While many consider the opioid crisis to be a national issue, there are certain areas it hits harder than others. Shannon Monnat, an associate professor of sociology at the Maxwell School, told UPI in a recent interview that economic and social…
Countdown to Brexit: Impacts on the Economy
British citizens have a weighty decision this week. Stay in or leave the European Union (EU), the economic and political union composed of 28 European countries that they have been part of for decades. Tom Barkley, a British citizen and professor…