Wealth Distribution Relative to before the financial crisis of 2007-2009, wealth inequality increased during the economic recovery. The Federal Reserve tracks wealth distribution in the United States through their Distributional Financial Accounts (DFA) database. The Distributional Financial Accounts provide quarterly estimates of the distribution of U.S. household wealth, beginning with the third quarter of 1989. […]
More...Category Archives: Business and Economics
The Economic Recovery 2010-19: What Changed and What Didn’t – Part 1: Overview
Before the onset of the coronavirus, the United States enjoyed its longest period of economic growth in history – beginning in 2010 and ending in 2020. During that period some things stayed the same, and some things didn’t. This blog series will take a look at what happened to some key economic factors over that […]
More...Asking for an Answer
As humans, we ask ourselves tough questions, oftentimes with the understanding that there are no right answers. These questions can take the form of encouraged self-reflection or possibly modified therapy. We ask these meaningful, powerful questions because we’re curious of course, but mainly because we want an answer. “Why did that horrible thing happen to […]
More...Record Number of Students Earn CPS Dean’s List Honors
A record number of 671 students had a GPA over 3.75–including 314 with a perfect 4.0–to earn dean’s list honors for the 2020 spring semester at the University of Wisconsin-Stevens Point College of Professional Studies. Congratulations to all! CPS Dean’s List by major (number of 4.0): Accounting: 37 (26)Business Administration: 81 (38)Clinical Lab Science: 29 […]
More...The Coronavirus – Why the U.S. Economy Will Never be the Same Part 7: What Should Change – Securities Regulation of Congress
According to the Securities and Exchange Commission (SEC): “Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, nonpublic information about the security. Insider trading violations may also include “tipping” such information, securities trading by the […]
More...The Coronavirus – Why the U.S. Economy Will Never be the Same Part 6: What Should Change – An Appreciation for Service Sector Workers
Ever wonder what it would be like to not be able to go to your favorite restaurant, or not be able to take a trip to your favorite location? Ever think about how dependent the U.S. economy is on delivery drivers, grocery store workers, and food distribution/warehouse workers? Maybe not, but perhaps the coronavirus changed […]
More...The Coronavirus – Why the U.S. Economy Will Never be the Same Part 5: What Will Change – Deficits and Government Spending
It’s like nothing that you’ve seen – the pending federal deficit. During the financial crisis, the budget deficit hit approximately $1.4 trillion – a record at the time. According to the Congressional Budget Office (CBO) the budget deficit for fiscal year 2020 (which ends in September) was expected to top $1 trillion before the coronavirus. […]
More...CPS students earn Albertson Medallion
Ten students from the College of Professional Studies are among the 18 recipients of the 2019-20 Albertson Medallion Award at the University of Wisconsin-Stevens Point. This is the highest award given by our university; less than one percent of the graduating classes has been selected. These students are a select group of graduating seniors who […]
More...Spring 2020 Chancellor’s Leadership Award winners announced
Each semester, University of Wisconsin-Stevens Point’s best and brightest student leaders are presented with the Chancellor’s Leadership Award. This semester, 14 students from the College of Professional Studies have been selected for this honor. These students are a select group of graduating seniors who throughout their careers at UW-Stevens Point have contributed significant leadership, demonstrated […]
More...2020 School of Business and Economics Virtual Scholarship Banquet
The UW-Stevens Point School of Business and Economics handed out $89,925 in 54 scholarships as well as multiple awards to students and faculty at its 2020 Virtual Awards Reception Friday, April 24 via an online video. [Photo Album] The School of Business and Economics is accredited by the Association to Advance Collegiate Schools of Business […]
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