With President Trump and many people around him being treated for COVID, it is clear that COVID can and does touch everyone. Even if you are not infected, you are experiencing a new economy and a new world. COVID changes have been challenging. Many of the changes we are experiencing will stay with us for years, I think. Some are unexpected and will have long-term impacts to our society and economy. Here are some predictions of economic and financial changes that will stay, even after we have achieved victory or control over COVID.
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A few days ago, the Chicago chain of grocery stores, Treasure Island Foods, announced that it is closing. The store has been a Chicago institution for some 55 years, serving urban areas with mostly small format stores, filled with both common and hard to find items. Julia Childs once called Treasure Island Foods, “America’s most […]
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With the college football season about to begin, it is worth a look to see how the teams stack-up, not based on rankings, but based on fan loyalty. Big Data and Data Visualization help us with this and lead to some interesting insights. College football also offers us a great opportunity to look at the […]
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By most conventional measures of the US economy, we are enjoying broad prosperity in the US. Unemployment is down, equity markets are up. However, salary growth is lagging for many. Analysis by the Pew Research Center shows that average real wages are essentially flat over the last 50 years. It shows that prosperity has not reached the middle class and, well, never did.
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Big Food…Big Problems This week, the CEO of Campbell’s announced that she is stepping down. The storied firm of 149 years also announced a review of its portfolio, including soup, and its future as a stand-alone company. The challenges at Campbell’s are also being seen in other Big Food firms, like Kraft, Mondelez, PepsiCo, Coca […]
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By now, you have probably heard about the doctor that was dragged off a United flight from Chicago to Louisville. The video, taken by passengers, tells all. How do companies make such bad decisions? How can we learn to make better decisions and stay away from such self-infected and unnecessary damage? Identify Conflicts before Critical […]
Things are a bit different this Fall at Northwestern University, and it feels great! The Wildcats are undefeated and ranked ahead of Michigan, who they will meet on Saturday in one of the biggest games for the Wildcats in recent memory. Yet, Michigan is favored in the game. Go figure. College football offers us a […]
With the NFL season in full swing, I thought I would share a graphic that impressed me. It shows how Data Visualization and the power of Data Science can help us understand more about our lives and things we enjoy. It was developed by Sean Taylor of the Facebook Data Science Team, and credits go […]
The Importance of AI, Data Visualization, and Automation in the Real of Big Data The heralded economist and Nobel Laureate Herbert Simon is known for saying, “A wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.” Indeed, our […]
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