All posts by Nick Zarras

How Important is the Chinese Communist Party Congress?

    The National Congress of the Communist Party of China, a meeting widely covered yet very secretive, began in Beijing this week. It is the 19th Communist Party Congress, with the first being held in 1921. They have been held every five years since the 11th Congress in 1977. The event is not merely ...

The Complicated Aspects in Assessing Harvey’s Economic Impact

Today, Hurricane Harvey continued to slowly move towards southwest Louisiana and through Houston, as the confirmed death toll rose to 30 amidst a record-setting rainfall of around 52 inches. Harvey, which is now being called by some as the “Storm of the Decade”, has left behind billions of dollars in damages after initially being overlooked. ...

Market Manipulations: History that Doesn’t Put You to Sleep

How does one construct a monopoly? A good place to begin searching would be to consider past examples. Carnegie or Rockefeller would be a start; both managed costs closely and used a variety of unscrupulous means to destroy competition. Was there any other another potential path to building large companies in the Gilded Age of ...

Google Expanding its Cloud Platform by Investing in a Pittsburgh Startup

  On March 21, a small Pittsburgh startup made headlines when Google corporate made a surprising investment in it. The storage company, called Avere Systems, announced $14 million funding from both Silicon Valley venture investors and Google. Avere Systems, a Google Cloud partner since 2015, provides storage products to help large businesses utilize the cloud ...

Is Warren Buffett Predicting the Fall of Retail?

On Tuesday, Berkshire Hathaway revealed its latest stock holdings, announcing to the public which shares it increased or decreased during its fourth quarter. The biggest findings from its report was that it increased its shares in airline stocks, specifically American Airlines, United, and Delta, and decreased its shares in Walmart and Verizon. I want to ...

Cadillac Wants to Change the Way We Use Cars

At a time when you can buy a car that can drive and/or park for you, order a cab from your phone in a matter of minutes, and charge a car in your home using solar panels, the way we lease and rent automobiles is surprisingly unchanged and difficult. General Motors’ long-time luxury brand Cadillac has a ...

Facebook’s Newest Problems: Advertising and Fake News

You may not have heard of Facebook’s recent advertising blunders, and this is probably because of the nonstop Election 2016 coverage. Since Facebook’s creation in 2004 and rapid growth afterwards, Facebook has rarely encountered major setbacks. In fact, the only significant setback in the social media giant’s history was the doubt it faced in the ...

Blockchain – Its Many Advantages and Why You Should Pay Attention

What if there was a technology that could simplify healthcare, prevent media piracy, improve banking, and even stop child labor abuses? Blockchain technology has the ability to do all of this, and it is only expanding. It has the capacity to allow multiple parties to transfer and store sensitive information in a space that’s secure, ...

The Online Classifieds Space Just Got a Bit More Crowded

Online classified advertising is nothing new; in fact, it’s quite popular. Despite this, since 1995, the online-classified market in the United States has been dominated by only one website, Craigslist. One of the first companies to introduce classified advertising to the online world, it is now the twelfth-most-visited website in the US with around 20 billion ...