Browsing: Business and Economics

A Brief History In 2018, President Donald Trump of the United States of America (U.S.) began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are “unfair trade practices.”  Waging a trade war can bring a nation’s economy to its proverbial knees. In the case of the current trade war between China and the United States, the American farmer has received a tremendous blow, as the once wide open Chinese market has closed because of the imposition of costly tariffs. Although not as well-publicized, another American industry has taken…

Read More

A Brief History In March 2014, the Supreme Court reversed a lower court decision in U.S. v. Quality Stores, Inc. by holding that severance packages are taxable wages for FICA purposes.  You probably wonder, “What is FICA tax and does it affect my pay?”  After all, many pay stubs have a box labeled “FICA.” To give a FICA definition: This “umbrella” program encompasses Social Security, Medicare, and certain other federal programs.  Do you want to understand the details of your paystub? What is FICA after all?  Learn what FICA stands for and what it is for now in the paragraphs…

Read More

A Brief History In 2019, with marijuana becoming legal in more places, it was only a matter of time before a cannabis-centered restaurant opened. It took four years of hard work, but Lowell Farms; A Cannabis Cafe is set to open in California. This is no mere restaurant. Lowell Farms is a complete cannabis experience with a restaurant, a bar with mocktails that have an extra zing, and nightly special events that include things like music, comedy, and educational programs. Digging Deeper The Restaurant While you won’t get to experience THC-infused food items during your experience, the menu at Lowell…

Read More

A Brief History Bitcoin will be approaching its 11th year in January 2020. When the idea of a “peer-to-peer electronic cash system” was introduced by the mysterious Satoshi Nakamoto on the 3rd of  January 2009, there was much speculation (or debate) as to how much a bitcoin would actually be worth. For more than a full year (a year and 9 days to be exact), there were a lot of back-and-forths. It was then that a Bitcointalk forum user named “dwdollar” expressed the idea of opening the first-ever (and much-needed) bitcoin exchange saying: “I am trying to create a market…

Read More

A Brief History In the middle and late 1980s, executive information systems (EIS), group decision support systems (GDSS), and organizational decision support systems (ODSS) evolved from the single user and model-oriented DSS.  Today, when trying to determine your next steps in business, it is important to use a decision-making tool such as SMART. The “S” stands for gathering specific information, the “M” if for meaningful data, the “A” is agreed-upon intelligence, and achievable standards, the “R” realistic goals, and the “T” in SMART is for the time needed to make the correct decisions to reach your goals. Has your business…

Read More