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U.S. public schools brace for ‘fiscal cliff’ after surge in hiring meets budget shortfalls
Public schools across the United States are facing a financial reckoning in 2025 as federal pandemic relief funds expire and student enrollment continues to decline, according to data from the Georgetown Edunomics Lab. The funding crisis stems largely from the end of the Elementary and Secondary School Emergency Relief funds, which pumped billions of federal […]
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Here’s why Americans still love McMansions
The 1980s launched a style of homes that came to be known as “McMansions.” These types of homes have often been criticized for their size, craftsmanship and architectural design. They also developed a reputation for being a bad investment. This is because despite their often luxurious appearance, they are typically built using cheap or mass-produced […]
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How China used Vietnam to evade higher U.S. tariffs
The threat of rising tariff rates on U.S. imports could hobble the economic trajectory of countries such as Vietnam. Foreign direct investment in Vietnam has increased in recent years as firms search for ways to manage risks stemming from production in China. Vietnam has received approximately $18.5 billion in net foreign direct investment, according to World Bank […]
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Trump tariffs mean higher prices, big losses for Amazon sellers that source from China
President Donald Trump’s aggressive tariff policy on April 2 didn’t just cause mayhem in the stock market. It sent Amazon sellers into a panic. Many sellers on Amazon count on China for manufacturing and assembly due to lower costs and established infrastructure – up to 70% of goods on Amazon come from China, according to […]
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Nintendo President Doug Bowser on the new Switch 2, tariffs and what’s next for the gaming giant
Nintendo on Wednesday unveiled details for the Switch 2. It’ll include a bigger screen and controllers and is a faster version than its predecessor, which sold more than 150 million units since its 2017 release. The Switch 2 will hit store shelves on June 5 for $449.99, up from $300 for the original Switch. Like […]
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Tesla’s June robotaxi deadline looms as political backlash builds over Elon Musk
Elon Musk has been promising investors for about a decade that Tesla’s cars are on the verge of turning into robotaxis, capable of driving themselves cross-country, after one big software update. That hasn’t happened yet. What Tesla offers is a sophisticated, but only partially automated, driving system that’s marketed in the U.S. as its Full […]
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Crocs’ big bet on personalization paid off. Here’s how it happened – and what investors are keeping an eye on now.
Crocs are cool again. But the footwear company’s comeback story is more than just a fashion statement. The iconic clog was a staple of early 2000s fashion. However, the brand’s profitability eroded in the years following the Great Recession as it struggled to expand internationally. From 2008 to 2016, there were four years where the […]
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Crocs’ big bet on personalization paid off. Here’s how it happened – and what investors are keeping an eye on now.
Crocs are cool again. But the footwear company’s comeback story is more than just a fashion statement. The iconic clog was a staple of early 2000s fashion. However, the brand’s profitability eroded in the years following the Great Recession as it struggled to expand internationally. From 2008 to 2016, there were four years where the […]
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