South Africa is now in Recession

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South Africa has entered into a recession, which is the first time since 2009. Questions: 1. How much has GDP dropped? 2. What has been attributed to the drop and the contraction? 3. How is the South African currency holding up (the rand)? 4. What is the outlook for the rest of the year? Source:… Read more »

Coding Camps – Good, Bad, or Great IDEA?

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Since kids don’t learn much coding in school, the new thing is to send them to summer camps to learn it so that they are not unprepared to tackle computer science in college or in a career. Questions: 1. What is iD Tech? 2. Do you agree with the article that these camps will perpetuate… Read more »

Vehicular Homelessness

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As housing costs soar in major cities, more Americans are living behind the wheel. Although the U.S. Department of Housing and Urban Development doesn’t collect national data on vehicle residency, unsheltered homelessness—a category that includes people sleeping in vehicles—is on the rise. Questions: 1. Are all of these individuals poor? What are some of the… Read more »

Worse Than We Imagined!

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According to the National Center for Education Statistics, the typical student borrower will take out $6,600 in a single year, averaging $22,000 in debt by graduation. Questions: 1. Of borrowers who started repaying in 2012, how many had defaulted by 3 years later? 2. By year 5, how many students default? 3. Collectively, how much… Read more »

Research shows rich people are more likely to lie, cheat, and steal

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Questions: 1. What did you think was the most interesting thing that Keltner and Piff found out as part of their experiments? 2. Why should we care about the ethics of wealthy people? 3. According to the article, what does power lead to? 4. In your opinion, what was the most remarkable point made in… Read more »

Wage Stagnation and Fast-Food Workers: No-Poach Clauses

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According to the New York Times, attorneys general in 10 states are moving to investigate whether a clause in fast-food franchise agreements is preventing workers from switching jobs and, therefore, locking them into low-paying positions and, some economists say, contributing to widespread wage stagnation in the United States. Questions: 1. Briefly explain how these clauses… Read more »

Bad Way to Encourage People to Use Self-checkout Lines

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This article discusses how many companies are employing aggressive legal tactics and taking advantage of loosely written state laws, to push for restitution even when people have not been convicted of wrongdoing. Questions: 1. How much does shoplifting cost stores each year? 2. What happens in many states to payments made to retailers before court… Read more »

Big Deal!

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Emergent BioSolutions, a Maryland-based pharmaceutical company that provides infectious-disease vaccines for the U.S. government, is about to add cholera and typhoid vaccines to its arsenal of preventives. Questions: 1. What is Emergent’s link to the defense contracting market? 2. According to the article, briefly describe Emergent’s corporate history. 3. What health issues does the PaxVax… Read more »

Apple – How High Can You Go?

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Apple made history this week by becoming the first $1 trillion publicly traded U.S. corporation on Thursday. Questions: 1. How many years has it been since the 1st company became a $1 billion U.S. corporation? 2. What company was the first $1 billion U.S. corporation? 3. What companies are close behind Apple’s $1 trillion? 4…. Read more »

Review your W-4 before it’s too late for 2018

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Congress passed major tax legislation at the end of last year that could affect your refund if you are one of the people who usually look forward to a refund. Questions: 1. According to the article, based on the new 2018 withholding tables, what percent of people have too much in taxes withheld? 2. What… Read more »