On May 4, the US Federal Reserve revealed the federal funds rate for the next two months. Even though a 50 basis points hike was widely expected, the future is not so clear. Let’s figure it out bit by bit! FOMC statement in a nutshell It’s better to start with a retrospective outlook on the […]
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President Donald Trump’s trade war may have surprised Wall Street, but pub, bar, and club owners worldwide saw it coming. Markets hate volatility, and the near-universal tariffs that took effect on April 2 have poured Read more…
When a retail chain has a loyal following, it has significant value even when it runs into financial trouble. A bankruptcy filing does not always mean that a company not longer has a following. In Read more…
People spend a lot of time on and before their cruise thinking about drinks. Many debate whether they should buy a drink package. Figuring that out requires knowing how much that package costs and doing Read more…