Articles by Marielle Buffamonte

Unemployment falls to 42-year low

        The 1970’s was a time of radical change for the United States.   In 1973, U.S. troops were withdrawn from Vietnam. The World Trade Center was finished, becoming the tallest building in New York City.   Secretariat won the Triple Crown and Nixon stood on trial for the Watergate Scandal.   The…

McLovin’

    When determining which stocks to invest in, there are several commodities and companies that are safe bets. However, one company that most people overlook when choosing stock is McDonald’s. Some refuse to invest in the company because their views are not aligned with the company’s actions (This is not surprising once you find…

Student borrowers owe $200 billion

Upon conducting a study over the course of the past six years, The Wall Street Journal reported that more than 40 percent of Americans who borrowed from the government’s main student-loan program are not making the required payments or are behind on more than $200 billion owed.  This recent calculation raises worries that millions of…

Boler School acquires Bloomberg Terminal

  John Carroll University has some good news for its students in the Boler School of Business. In addition to providing its students with an outstanding education, they are now providing them with a tool that many business majors will use in the business world. More specifically, the school has recently acquired a new Bloomberg…

The problem with raising the minimum wage

  A minimum wage in the United States was established in 1938 at $0.25 per hour. When adjusted for inflation, this would be $4.23. The minimum wage now has increased substantially to $7.25. In California, the plan is to raise the minimum wage to $15 by the year 2022. The has been talk of doing…

How to navigate the stock market

    When trying to determine how the overall health of the stock market, it is important to look at the right indicators. Certain stocks are very influential on the market, and others are not so important.   Many people fear a stock market crash, but don’t follow the market to have any way of…

Chipotle continues to rebound slowly from E. coli scandal

In the fourth quarter of 2015, Chipotle Mexican Grill Inc. experienced some fallout with the public when customers became sick after eating their food at multiple locations.   There were 60 reported cases of customers contracting E. coli from food at the fast-casual restaurant beginning at the end of October 2015.   To make matters…

Is the U.S. headed for a bear market?

After a poor economic start to the beginning of the year, many U.S. economists are speculating that stocks will crash within the first half of the year, and the country will spiral into a recession.   This surprises me greatly because the end of 2015 seemed to forecast success with no end in sight. It…

Why now is the best time to study abroad

    There has been a lot of talk lately in the news about interest rates, fiscal and monetary policy in the United States. The FOMC will be increasing the Federal Funds Rate this year.   The new year has ushered in new waves of legislation that are arguably good or bad, depending on who…

Obama renews old equal pay legislation

    The women’s rights and equal pay movement is a timeless topic of controversy.   Globally, women have demanded that they get paid the same wages that men receive for the same or comparable jobs.   Approximately seven years ago on Jan. 29, 2009, President Barack Obama signed a piece of legislation that encourages women…

Are we ready for an interest rate hike?

  As many of you may know, the Federal Open Trade Committee made a landmark decision to raise interest rates back in December.   For the last eight years, the United States has seen nearly nonexistent interest rates, and therefore inflation.   However, now the FOMC plans to raise interest rates to about 5.5 percent…

Back to Basics: Supply and Demand

Everything in our economy is determined by one relationship. Every price point, every amount produced, and every single decision has factored in the affiliation between two ideas.   You may be wondering what these two very influential factors are. They are none other than supply and demand, of course!   The relationship between supply and…

Inflation Nation

  Have you ever noticed the way  the price of an item will increase over time, even though you’re still getting the same product? This seems a little bogus, but can easily be explained.   The main goal of any business is to maximize its profits. It will research its market to determine a price…