President Joe Biden on April 25 signed a bill that would ban TikTok. The bill gives ByteDance, a Chinese company that owns TikTok, until Jan. 19, 2025, the day before the Presidential inauguration to sell it to an American company. If it fails to be sold within the time frame, it would be completely banned in the U.S. The former President Donald Trump, who is now the presumptive nominee for the 2024 Republican nomination, opposes the current president’s ban even though in 2020 he supported it...
After ongoing safety concerns and production delays, Boeing finds itself in the middle of a significant leadership shake-up. It is raising questions about the future of the aircraft manufacturer. CEO David Calhoun’s decision to step down by the year’s end comes along with growing pressure following a series of safety incidents, including a panel blowing off a Boeing 737 Max jetliner during a January flight. Calhoun’s departure is part of a broader restructuring effort aimed at navigating through future...
Dallas College students can access finance and investment opportunities without being a finance major. The Bloomberg Finance and Investment Lab, managed by Todd Senick, offers Bloomberg market concepts certification to all students. “It’s for any student that has a Dallas College student email address or a Dallas College student ID,” Senick said. “Dallas College is putting up a plan for financial literacy.” The program through the Bloomberg Portal for Education offers three main courses...
After slowly shutting down campuses over the past couple of years, the for-profit Art Institute has officially closed all of its campuses, including Dallas, as of Sept. 30 due to a variety of reasons, leaving its students stranded and wondering what the next step is. A significant number of these students had already registered and paid for their courses at the Dallas location. They were ready for their studies in a variety of subjects such as culinary, commercial music, digital art and design, fashion design, fashion marketing, interior design and video technology...
The Red River Hall Dallas College Richland Campus project is moving along according to schedule, the $36 million building will be finished in November, according to project manager John Keene.
Keene said the worst part about the construction job was the supply chain, adding that it was very difficult to keep up with parts for a construction of this sort.
Every day the American people are becoming acutely aware that inflation is reducing the purchasing power of their money as they shop for food at their local grocery store and gasoline at their local gas station. Inflation will be the No. 1 concern and political issue in the 2022 election. U.S. inflation is largely due to excessive Federal government spending over the last two years resulting in the 2021 inflation rate of 7.1% and the 2022 inflation rate of above 8% In prior years inflation typically ran between 1 and 4%.
Dallas College has broken ground on the newest edition to the Richland Campus land- scape: Red River Hall. On March 10, a conference was held in a parking lot at Dallas College Richland Campus, the soon-to-be site of the campus’ newest building.
Construction of the new building is scheduled to begin on April 1, 2022 and will include 41 classrooms, not including the additional conference rooms. There will also be a new cafe. An official opening of the new hall should take place in June of 2023 if everything goes according to plan.
Inflation has become an issue for the Biden administration as his 1.9 trillion-dollar coronavirus relief package in March of 2021 was perhaps the fastest economic growth since 1984, according to the Associated Press. However, not all would last as government interventions and the looming supply chain problems have influenced inflation to rise at a nearly 40-year high of 7%, according to the Associated Press.
However, as we see more scenes of empty shelves and people being concerned about the term inflation, many people may not know about inflation. Todd Senick from the Bloom- berg Finance lab from Richland Campus, explains what inflation is and the ways they are measured. “Inflation is the rise in prices of goods and services. There are two ways of measuring inflation, CPI is the Consumer Price Index and PCE is Personal Consumption Expenditures,” Senick said.
Supply disruptions have been an issue historically but the COVID-19 pandemic changed the way trading was being done. With a newly discovered disease in 2020, trading had to abide by health and safety regulations to keep workers safe and prevent any further spread of infection.
In 2021, another disruption of supply has occurred in the ports of Southern California where ships filled with cargo are anchored offshore, , waiting to unload their cargo. Supplies are not reaching their destinations, prompting companies to make changes to product amid shortages of a variety of products.
