BALTIMORE, MD, May 13, 2025 – As communities across the United States continue to confront the devastating toll of mass shootings, new research reveals a staggering economic dimension to these tragedies. A study published in the INFORMS journal Marketing Science finds that mass shootings cause an estimated $27 billion in annual lost revenue for U.S. retailers driven by sharp declines in foot traffic, reduced transaction volume and long-term store closures.
BALTIMORE, MD, May 13, 2025 – Researchers who took a close look at loosened concealed carry laws between 2010 and 2017 have found that “Shall Issue” regulations, which remove local authority discretion on the issuance of concealed carry gun permits, contribute to a significant increase in handgun purchases. At the same time, the researchers found that in states that adopted “Permitless Carry” policies, there was no noticeable change in gun purchases.
With sweeping new tariffs on Chinese-made products set to take effect this summer, Americans are being urged to prepare for price hikes on everyday goods. President Donald Trump's reinstated trade policies are expected to affect a wide swath of consumer imports, including electronics, furniture, appliances, and baby gear. Retail experts are advising shoppers to act before the tariffs hit and prices rise.
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The recent collapse of the Francis Scott Key Bridge following a ship collision, causing an indefinite closure of the Port of Baltimore, poses significant disruptions to the local and national supply chain. Experts warn of extended impacts, particularly on ground transportation logistics, which could reverberate through the economy.
High school seniors are well into the process of determining where they will attend college in the fall. One thing that will affect many of their options is the 2023 Supreme Court ruling that ended affirmative action for race-based college admissions.
The tax deadline is approaching and some filers are turning to chatbots powered by artificial intelligence for help with returns.
It was a disaster in slow motion. On the night of March 26, as various surveillance cameras passively watched, the massive container ship Dali lost power for as-yet-unexplained reasons and plowed into one of the support structures of the Francis Scott Key bridge in Baltimore, Maryland — a major artery in and out of the Port of Baltimore. The bridge never stood a chance against a container ship of that size. It collapsed like it was made of matchsticks.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.
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