Consumer spending indicates Americans are not affected by financial market volatility and economic troubles abroad. "Retail sales have been good," as "consumers have been spending at a rate of about three-and-a-half percent per-annum growth both in the second and third quarters,” Smith School professor and economist Peter Morici told the Wall Street Journal in a recent podcast.
A team of MBA students from the University of Maryland’s Robert H. Smith School of Business developed and presented a health care management solution to capture the fourth annual Cognizant Business Consulting Case Competition.
Imagine living on a remote German island in the North Sea. When you need medicine, an autonomous drone flies more than seven miles from the Continent to deliver it. This is not some futurist scene based on rosy projections. It is happening now. Smith School professors Oliver Schlake and Hank Lucas share other commercial applications of drone technology.
In this edition of Smith Business Close-Up, host Jeff Salkin visits the Smith School to discuss market volatility with Kristen Fanarakis, assistant director of the Center for Financial Policy.
Valeant Pharmaceuticals’ stock dive “is a gross overreaction in the market caused by charges thus far that are unsubstantiated and denied by Valeant," says Smith School finance professor David Kass, a long-time observer of Valeant stock and former health economist for the Federal Trade Commission. Read more...