Written by Alex Grant Over the past six months, Moderna and Pfizer have transformed themselves into household names. These two companies, which have both developed an extremely effective m-RNA based vaccine, have the potential to help bring the world out of the COVID-19 pandemic, boost the economy back to its pre-COVID levels, and save millions…
Category: Finance/Business
Factors Driving Blue Collar Job Growth
Written by Hina Champaneri The onset of the pandemic last March ensued an increasing unemployment rate due to businesses shutting down. The government had to send stimulus checks to millions of Americans and unemployment aid so that people could afford the necessities. A year later, while not completely back to pre-COVID levels, the economy has…
Has Robinhood Failed Retail Traders?
Written By Vib Das With attacks and public outcry against Robinhood and other online brokerages making headlines recently, it’s easy for a reader to fault them for purposely throttling trades in a select few stocks. While yes, this sudden stoppage prevented many from purchasing shares in GME, AMC, and the many other “meme stocks”, the…
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…
Financial Impact of the Flint Water Crisis
Written by Michael Kieffer The Flint water crisis began in the city of Flint, Michigan in 2014 and it’s regarded as one of the largest public health emergencies that the state of Michigan has ever encountered. The crisis began when the city of Flint switched its source of drinking water. The city had originally purchased…
Are SPACs Wack?
Written by Vibhav Das Virgin Galactic. DraftKings. Nikola. What could these companies have in common? In the past two years, each one has gone public through a merger with a SPAC, a Special Purpose Acquisition Company. There’s been a great deal of attention on SPAC’s in recent headlines – and not much of it good.…
The Effects of the Proposed Tax Plans Under Biden or Trump
Written by Hina Champaneri With the recent election, tax policies played a significant role when citizens decided whom they wanted to cast their vote for because they do not want to see their post-tax income notably decrease. President Trump has implemented tremendous tax cuts in the past four years, and they have largely favored the…
COVID-19 and its Impact on Television Streaming Services
Written by Shayna Korsh When millions of people were forced to quarantine in their homes beginning in mid-March due to COVID-19, streaming services such as Netflix quickly catapulted into primary sources of entertainment. Since their creation in the early 2000s, Internet streaming services have revolutionized the film and television industry, as consumers are able to…