Economics

Crocs said it expects 2020 sales to grow more than 12% to a record of roughly $1.38 billion, up from a previous range calling for 5% to 7% growth.

The U.S. branded coffee chain segment, which is dominated by Starbucks and Dunkin’ Donuts, saw sales plunge 24% to $36 billion in the past 12 months

The U.S. labor market lost jobs in December for the first time in eight months, while women and workers of color continue to bear the brunt of job losses as the coronavirus pandemic rages across the U.S.Unemployment for women and Hispanic workers rose in December for the first time in eight months,…

Some cities and regions in the heartland want to bring energy and vitality to their towns by attracting dynamic workers. The programs are getting a lot of attention during the pandemic.

The U.S. will suspend a plan to hit $1.3B of French goods with tariffs in retaliation for their tax on the revenue of global tech companies

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Loves Furniture Inc., the upstart furniture retailer that acquired more than two dozen Art Van stores out of bankruptcy only eight months ago, filed Chapter 11 bankruptcy in Detroit late Wednesday.The reorganization comes only weeks after the Warren-based retailer began liquidating 10 stores across…

WASHINGTON (AP) — The global economy will experience a subdued recovery this year from the devastating pandemic, the World Bank predicted Tuesday, but it warned that the near-term outlook is...

Oil prices jumped to their highest level in nearly a year on Tuesday.

As always, “100% of the profits support our children’s home in Peru, our rebuilding projects in Puerto Rico, and our empowerment of migrants in Mexico.” + This updated unisex essential fits like a wel

"When you learn, teach. When you get, give." — Maya Angelou We are all adjusting to this "new world" brought about by the COVID-19 pandemic. While things have no doubt been a struggle for many in Southeast Michigan, I believe businesses have a responsibility to do the right thing and be part…

Aimed at humans, not gods.

Question of the Day Budgeting #35 How much do millennials spend annually on coffee? www.ngpf.org Last updated: 8/30/18

Answer: 7 Questions: How often have you worn the outfit that you are wearing today?  One writer thinks about their clothing cost by analyzing their CPW (cost per wear calculated by dividing the cost by number of times that an item is worn). What do you think the CPW is for your favorite pair of shoes/sneakers? favorite jeans? What do you think social media's impact has been on clothing sales?

Answer: 27% Questions: Which majors do you think are more likely to lead to a job in that field? What steps can you take to prepare yourself for employment, regardless of which major you choose? Given that almost 3/4 of college grads end up in fields that are not related to their major, do you think it's a good idea to consider multiple majors while in college?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.  Behind the numbers (Inside Higher Ed): A New York Federal Reserve Bank study came up with this 27% statistic. The Insi...

A historic amount of packages and rising employee Covid-19 rates are causing significant backlogs at US Postal Service processing facilities before Christmas.

A new study suggests ways of structuring payments to persuade even impulsive students to behave more cautiously.

A recent study looked at the idea of paying people to give blood, something already being done for plasma donations.

Current Topic: Opportunity Cost Previous Topics Connected: Trade offs, scarcity, cost-benefit analysis Future Topics Foreshadowed: marginal analysis Article: Harry and Megan officially start their non-royal life Link: https://www.cnn.com/2020/03/31/world/prince-harry-meghan-new-roles-intl/index...

The couple have relinquished their royal duties as of March 31. What comes next is reinvention.

The Money Game Lesson: Incentives Matter Materials: a penny, a one-dollar bill, a five-dollar bill, a ten-dollar bill Monetary cost: $16.01 (but can be scaled down) Time: 5 minutes The Game: This game was adapted from an example used by a fictitious character in the book The Invisible He...

Directions: Students need to take the Time Use survey prior to class (Student Time:

Current Topic: Incentives Previous Topics Connected: None Future Topics Foreshadowed: Opportunity cost, marginal benefit, marginal cost, demand News Article: Hooponomics! Link: Indicator Podcast with transcript Description: Podcast (

Current Topic: Incentives Previous Topics Connected: None Future Topics Foreshadowed: Demand, Taxes News Article/Podcast: Are Plastic Bag Bans Garbage? Link: https://www.npr.org/sections/money/2019/04/09/711181385/are-plastic-bag-bans-garbage Description: In an effort to cut down on waste, many...