Written by Tess Britton Back in September of 2019, the State of California successfully passed the AB5 bill compelling all companies that hire independent contract workers to reclassify this workforce as employees. This bill, informally known as the “gig worker bill”, made headlines due to the drastic effects this legislation would have on app-based transportation…
Month: January 2021
Automation in 2020 and Beyond: The Transition of the American Economy, Workforce, and Way of Life
Written by Preston Pierce A recent Pew survey found that many Americans anticipate significant impacts from automation related technology within their lifetime. Although they believe that it may have a positive, overall economic impact, they still harbor worry over its implications (Smith & Anderson, 2011). Concerns about the loss of jobs to technology is, however,…
Market Makers: Unsung Heroes of Financial Markets
Written by Vibhav Das Imagine you are looking to buy a share of Walmart (WMT) at the current market price. You go on your trading platform of choice and submit a market order, and within seconds your transaction is executed. But who sold you that security? Was it another person who just happened to put…
Should You Bet on Sports Betting?
Written by Ajay Wadhwani When the United States enacted the Professional and Amateur Sports Protection Act of 1992 (PASPA), it all but outlawed the practice of sports betting. An opportunity for sweeping change arose in 2011 when New Jersey residents voted in favor of an amendment to their state constitution that would allow sports betting.…
Local Restaurants Struggle as Big Business Continues to Boom
Written by Dominic Gaines The summer of 2020 was looking to be a great season for local businesses. The economy was booming, with an average GDP growth of 2.5%. Disaster struck when the COVID-19 pandemic ravaged the United States, forcing local businesses to suddenly shutter their doors (“US 2020 Election”). Throughout the ever-changing government regulations…
Analyzing How the Lack of Tourism Due to the Pandemic Affects Disney Co.
In 2018, 58 million people from all around the globe decided to visit Walt Disney World Resort in Orlando, Florida with their friends and family (Rubin). Due to the recent pandemic, and the closing of the resort in March of 2020, there has been a myriad of ripple effects on the company. Most notably, Disney…