Is Shohei Ohtani’s Contract Really Worth $700 Million?

Free baseball on clay field close up image, public domain sport CC0 photo. More: View public domain image source here

Written by Colin Fisher “Give him a blank check” is a plea frequently made by sports fans when referring to a star free agent in hopes that their team will sign him. However, front offices do not literally follow this advice since they have historically set a limit on the maximum compensation they are willing…

Forging Ahead: Nippon Steel’s $14.9 Billion Acquisition of U.S. Steel and its Impact on the Global Market

Written by Louis Leonardi On January 5th, 2024, Nippon Steel announced plans to acquire the U.S. Steel for approximately $14.9 Billion. The deal is an all-cash acquisition where Nippon Steel is paying off $0.8 Billion of debt valuing the deal at $14.1 Billion. Nippon Steel (OTCMKTS: NPSCY) agreed to acquire U.S. Steel (NYSE: X) for…

Tennessee’s New ELVIS Act: Free Speech & Free Market

Written by Gabby Land Last month, the governor of Tennessee, Bill Lee, signed a first of its kind (in the U.S.) bill called the Ensuring Likeness Voice and Image Security (ELVIS) Act. The law aims to address a gap in current state law to protect artists’ name, image and likeness by specifically addressing “new, personalized…

How Stock Buybacks Impact the Economy Op: Ed

Written by Kolinkar Roy A stock buyback refers to when a company uses its profits to buy back shares from its shareholders. Stock buybacks were long regarded as a form of market manipulation where companies could artificially inflate their value by simply bidding up outstanding shares. Thus,  stock buybacks were rare for the majority of…

Payday or Payback? The Winners and Losers of Conference Hopping

Written by Ameya Keertikar Ready, set, HIKE! American football: a staple pastime for all Americans alike. With millions of fans in the US and worldwide, this sport has quickly risen to one of the most popular activities. Raking in billions of dollars every year, the NFL (National Football League) claims some of the most decorated…

COMAC’s Impact on the Future of the Airbus-Boeing Duopoly

Written by Tanay Pingle For decades, two major firms have held an iron grip over the airplane manufacturing industry: Boeing and Airbus. Boeing currently maintains a 40.6% market share, while Airbus dominates the other 60.4% of the industry. Both of these firms hold incredible leverage over the entire airline industry, allowing them to maintain a…

Why Designer Brand’s Keep the Middle Class in Poverty: The Marketing and Economics Behind it

Written by Noah Kanter From a young age, many of us have memories of walking in the mall or down Fifth Avenue, staring at the glamorous designer stores. There were so many options from which to look: Gucci, Louis Vuitton, Dior, Versace, Prada. Each of these companies has its own “niche” emblem which embodies the…

Retail Crypto: Investing in the approval of Spot Bitcoin ETFs

Written by Terence Ashforth On January 10th, 2024, the Securities and Exchanges Commission (SEC) did something radical. Breaking a decade of precedent, the U.S. Market regulator approved the first exchange-traded fund (ETF) tracking Bitcoin (Lang & McGee, 2024). Upon casual reading, the event seemed unremarkable. ETFs comprise 12.7% of U.S. equities, and most are considered…

The Death of SPACs

Written by Max Brzozowski The stock market killed it first, but now the SEC has picked up a shovel and buried SPACs for good. On Wednesday January 24th, the Securities Exchange Commission (SEC) announced the adoption of new regulations regarding Special Purpose Acquisition Companies, commonly known as SPACs. These shell companies climbed to a mountainous…

An Exploration of Underwriting in the Insurance Markets

Written by Terence Huang Modern insurance as we know has evolved significantly: the concept of spreading risk and providing financial protection dates back to hundreds of years. For instance, the Marine Insurance Act of 1909 is a focused piece of legislation that protects the interest of the insurers, which remains fundamental in insurance contracts today…