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…
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…
Restaurants Implement COVID-19 Surcharges
Restaurants and service industries have been severely impacted by COVID-19. Many restaurants were forced to close their doors due to stay-at-home measures and some will remain closed permanently. As supply…
Disneyworld Faces Longest Shutdown in its History
Disney has furloughed 100,000 theme park and hotel workers, including popular cast members. Disney is widely considered the largest employer in the nation and this furlough is expected to save…
With Students Staying Home, Empty College Towns Hit Hard by Coronavirus Crisis
College campuses all over the world have closed and have sent students home for the rest of the school year. As people practice social distancing and quarantining methods, economic activity…
Amazon to hire 75,000 Workers to Meet Surging Demand
According to the US Department of Labor, over 16.8 million American workers have lost their jobs and filed initial claims for unemployment benefits. This current calculation does not include those…
Marker: “What Everyone’s Getting Wrong About the Toilet Paper Shortage”
Why is it so difficult to find toilet paper amidst the COVID-19 crisis? Conventional wisdom is that people have been irrationally hoarding, but a more likely explanation involves the ways…
CNN: “Why Walmart is seeing increased sales for tops, but not bottoms during the coronavirus crisis”
As more people engage in “teleworking” from home due to being on lockdown due to COVID-19, sales of tops have increased – since that’s all that shows on the webcam.…
The New York Times: “America Stress-Bought All the Baby Chickens”
Sales of baby chicks often rise before Easter, but this year’s increase has been extraordinary due to a variety of factors influenced by COVID-19: people are staying home with time…