A Quick Introduction to Charter Schools

     Charter Schools are tuition-free schools independent of their respective school district that receive government funding.  Only about 6% of students across the US attend charter schools and students are generally selected through a random lottery. They are given the freedom to specialize in an academic subject, like language or arts, but are still held accountable for state education standards. They help broaden families’ options, especially low-income, those who live in poor public school districts, or non-native speakers. Charter schools opening in communities lacking a good public school help bring a lot of economic activity. The school is able to Continue reading A Quick Introduction to Charter Schools

Quick Glance: Fed Rate Hike and SVB Collapse

The 2008 financial crisis caused Lehman Brothers, the fourth-largest investment bank in the United States, to declare bankruptcy. There was the largest bank failure since the Great Recession of 2008 and the second largest in the U.S. history on March 10, 2023. Silicon Valley Bank (SVB, the 16th largest bank), suddenly announced its bankruptcy, 48 hours after its assets could not repay its debts. Its collapse causes panic in the financial technology industry across the United States. According to SVB’s main service targets are technology start-ups in Silicon Valley, this moment is like the “Lehman moment of the technology industry”. Continue reading Quick Glance: Fed Rate Hike and SVB Collapse

The Chelsea Corruption:what goes on in financial fair play?

Over this winter transfer window, Chelsea FC has broken history in the transfer market. Throughout this window, the club has gone from signing major marquee signings to splashing significant cash on utility players. Two of the most notable signings came from the young Ukrainian player of the year, Mudryk. The flashy argentine Enzo Fernandez, who ended this year winning the world cups young player of the year, is a pivotal piece of the success Argentina experienced in winning the World Cup. Accumulatively, Chelsea football club has now spent a lucrative amount of 600 million dollars within the last year. This Continue reading The Chelsea Corruption:what goes on in financial fair play?

Earphones: Wired or Wireless

This Monday, I had a debate with a friend about an interesting topic. Now it’s 2023, are you one of the wired earphone users or a Bluetooth headphone fan? The attracting point is that with the advancement of wireless headset technology, the convenience it brings to daily users is gradually occupying the sales market of wired earphones. But clearly, the two are still not perfect substitutes for each other. At least in 2022, we still have 10 unavoidable considerations of reasons for wired headphones, especially for avid music lovers and professionals who are seeking for sound quality. The simplest touch, Continue reading Earphones: Wired or Wireless

Alternatives to Fast Fashion

In my last post, I discussed how harmful the fast fashion industry is to the environment, even though it is very affordable. When looking for more environmentally friendly options I found that sustainable brands and thrifting are the most popular alternatives to fast fashion. Sustainable clothing brands are great alternatives to shopping fast fashion because they use environmentally friendly methods of production. This means that the actual material the clothing is made out of is environmentally friendly, the labor is humane, and the packing methods are sustainable. Shopping for sustainable brands is a great option for those who can afford Continue reading Alternatives to Fast Fashion

Disney: analyzing the externalities

In the upcoming weeks, Disney is facing one of the biggest challenges to them since the beginning of COVID. Throughout the last couple of weeks, Disney has been going back and forth with the Disney world Employees to find a reasonable contract proposal that works for both parties. The challenge for Disney is the majority of these employees within the company are unionized, meaning that the workers within the corporation have organized and collaborated on pushing an agenda of improving the condition of their workplace and quality of treatment towards them. This union within Disney worlds workforce is around 45,000 Continue reading Disney: analyzing the externalities

How the Russia-Ukraine Conflict has Impacted the World’s Petroleum Markets

Exactly one year ago today, Russia initiated its attack on Ukraine, instigating a large-scale international dispute that has resulted in nearly 200,000 casualties and millions of Ukrainians being displaced from their homes (Cooper, et al., 2023). It should be noted that both of these figures are estimates as it is notoriously difficult to accurately predict casualties and displacement in conflict zones. In response, economic sanctions were issued against Russia, effectively removing them from the western hemisphere’s oil and tech markets. These sanctions have had a devastating impact on Russia’s oil market as a result. Their crude oil exports are estimated Continue reading How the Russia-Ukraine Conflict has Impacted the World’s Petroleum Markets

Is ChatGPT a milestone in AI technology?

At the end of last year, OpenAI, an AI laboratory invested by Microsoft, released a powerful AI language model ChatGPT, which can simulate human language behaviors and interact with users. However, Microsoft’s recently promoted new Bing combined with ChatGPT has fallen into arguing. In fact, ChatGPT replies that it understands multiple languages and code writing. Someone builds system diagrams using ChatGPT. It even writes different poems on the same subject. For each question, ChatGPT will provide different answers every time, not just one standardized answer. Its flexibility is indeed surprising. ChatGPT’s poems about Spring: ChatGPT can quickly become popular all Continue reading Is ChatGPT a milestone in AI technology?

Fast food vs. Home Cooking

Fast food has become a staple for nearly every American’s diet. The relatively inexpensive and quick food option seems like a great alternative to cooking at home, but is it really better? Approximately 37% of American households eat fast food once a day. With that high proportion, Americans roughly spend the same amount of their income on fast food as they do on home-cooked food. Although fast food is seemingly quick and inexpensive, it does have some hidden costs as well. Fast food is relatively high in sodium, saturated fat, and calories. This high consumption of red and/or processed meat, Continue reading Fast food vs. Home Cooking

Are EV’s really the future?

Environmental damage is a growing concern worldwide, and rightly so. The world has never been warmer than it is today, and the acceleration of global warming will only continue as humanity fails to change its ways. It is no longer a suggestion to reduce our emissions but rather a necessity that governments have been forced to acknowledge and address. As a result, many industries have begun re-imagining their production methods in an effort to reduce the size of their carbon footprint on the environment. The automotive industry has made the most noticeable changes with their focus on electric vehicles, or Continue reading Are EV’s really the future?