Tuesday's Assorted Links

Insulin prices, Pizza Hut, Kmart, generative AI, and signing bonuses

Hi y’all! Here are five stories from this week that contained some neat applications of economic principles or are related to teaching:

1. The Federal Trade Commission hit the three largest companies that negotiate drug prices with a lawsuit claiming they’ve artificially inflated the cost of insulin for patients [CNBC]

2. Pizza Hut will let some New Yorkers put their résumé on a pizza box to help them get a job [Pizza Hut]

3. Once a big-box chain with more than 2,300 stores, Kmart is slated to close its last full-size US store next month [New York Post]

4. Teenagers are using AI to learn math and science from celebrities [Sherwood News]

5. Nearly 4% of jobs posted this summer on Indeed.com advertised a signing bonus, more than double the 1.7% rate from 2019 [The Wall Street Journal]

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Have you ever wondered how fast fashion companies like Shein and Temu can offer such low prices? It’s tied to an exemption in U.S. trade law that may soon close for these 2 companies. What does this mean for consumers facing rising costs?

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