When you are creating or selling a product, there is one aspect of planning and execution that is superbly critical... That is the pricing of that product.

In most cases, it is important that you find that sweet spot in your price. A balance between a good manufacturing cost and a product with a price point high enough that your customers are willing to pay for it.

In a decisive victory, Donald Trump has secured the presidency once again in the 2024 election. The implications of this win are already reverberating through economic sectors, particularly in the realm of international trade.

Presadent Trump, known for his America First policy, has reiterated his commitment to maintaining and possibly expanding the tariffs on Chinese imports. This policy, which was a hallmark of his first term, aims at reducing the trade deficit with China and protecting domestic manufacturers from unfair competition.

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In a surprising turn of events, President Joe Biden announced on July 21, 2024, his decision to withdraw from the upcoming presidential race, citing health concerns and the need for fresh leadership within the Democratic Party. This announcement comes amidst a whirlwind of speculation regarding his fitness for a second term.

In an unusually casual method, Joe Biden’s announcement to drop out of the presidential race was made via a letter posted on his X account. He expressed his gratitude to the American people for their support over the past years, emphasizing his commitment to the country’s welfare. “It is with a heavy heart but clear mind that I step aside”, Biden stated, “to ensure our party and our nation can move forward with vigor and vision.”

It’s official. It looks like 2024 is going to be a rematch of the 2020 elections with Donald Trump vs. Joe Biden.

There are a lot of people who cringe at the thought of another year of political brawls. We know we can expect quite a lot of mudslinging and drama over the next few months. But it’s important to keep in mind the more important issues. There is a lot of serious business that is really going on below the popular and public narrative.

On February 16, 2024 Donald J. Trump was found guilty in a New York civil court and sentenced to pay the city 350 Million dollars in fines and barred him from running a business in New York for three years.

It goes without saying that if a person commits a crime that they should be held accountable. However, whether they are aware of it or not, New York is sending a very strong signal to the business community, they are not interested in conducting business. This verdict has far reaching consequences that go well beyond Donald J. Trump, and will echo for years to come. The message is loud and clear. “Stay away from New York.”

In a stunning turn of events, Delaware denies Elon Musk’s pre-approved compensation package.

It had been established by the board of Tesla that if Musk was able to achieve a series of nearly impossible accomplishments, that he would be allowed to buy 55 billion dollars worth of stock options. This is an unusually large compensation package, but on the other hand, Tesla has had unusually large growth since the agreement was put into place back in 2018.