Airlines Ease Fees in Effort to Attract Travelers
With Labor Day weekend come and gone, airlines have entered the period of the year where business travelers usually make up the bulk of their flights rather than tourists. But…
Unemployment Claims Surpass 1 Million Once Again
COVID-19 Layoffs Newspaper Article For nearly every week since March, millions of Americans have filed for unemployment benefits as the economy continues to struggle with the effects of the coronavirus…
U.S. Economy Contracted By More than 32 Percent
From April to June 2020, the U.S. GDP plummeted at an annual rate of 32.9 percent, the worst drop on record. As businesses closed across the country due to the…
Nearly 73,000 Businesses Have Closed Permanently
According to data from Yelp, more than 55 percent of the 132,500 businesses listed on the site that closed during the pandemic will remain shuttered permanently. Although government relief bought…
Thousands of U.S. Workers Participate in “Strike for Black Lives”
Yesterday, tens of thousands of workers across the U.S. walked off their jobs in support of the “Strike for Black Lives.” According to organizers, the strike was held to bring…
Investors Prepare for Stock Market Volatility
During the first six months of 2020, U.S. stock markets went through their biggest quarter-to-quarter swing in more than 80 years. March saw share prices plummet as businesses across the…
U.S. Billionaires Have Made $584 Billion During the Pandemic
According to experts, the coronavirus pandemic has deepened economic inequality and expanded the racial wealth gap across the U.S. While the unemployment rate for white workers sits at 12.4 percent,…
1.5 Million People Applied for Unemployment Last Week
Tens of millions of Americans have filed for unemployment during the coronavirus pandemic. This historically high number increased by another 1.5 million last week as many people continue to struggle…
Women Account for 55 Percent of Coronavirus Job Losses
Last month, 20.5 million people lost their jobs, sending the unemployment rate skyrocketing to 14.7 percent. Economists predict that the actual jobless rate could be even worse when factoring in…
Trolls World Tour’s On-Demand Success Could Change the Movie Industry
In early March, the movie studio Universal had already spent millions of dollars marketing its upcoming title Trolls World Tour in anticipation of its April 10th release. When the coronavirus…