Finance






Finance Experts, Rookies Watch Cautiously As Reddit Users Snap Up GameStop Stock

UConn Today – When adjunct finance professor Jeffrey Annello ’10 (BUS) met with his students Wednesday night, everyone wanted to talk about GameStop stock, which had soared more than 17-fold in the previous two weeks.

Spurred on by a Reddit message board, small investors snapped up shares of the retailer, spurring an investment frenzy. But what was the logic behind it? GameStop has been floundering, with only one profitable quarter in the last six. Gamers have been skipping brick-and-mortar stores and purchasing entertainment online.Continue Reading




Young people and people of color have become unemployed at disproportionate rates amid the pandemic

UConn Journalism – Nearly 80 percent of registered voters say the economy is an important issue, according to an August 2020 Pew Research Center study. In the same study, 88% of President Donald Trump’s supporters ranked the economy as “very important,” the most of any of the issues they asked about.



(Video) Backward Economics: When Unemployment Offers a Living Wage

NBC Connecticut – The extra $600 in unemployment assistance made available through the Cares Act has been a lifeline for many workers, but it has created challenges for employers trying to get employees back to work. It raises questions about if jobs were paying a fair wage in the first place.