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Hotels are suffering greatly as a result of the pandemic, reports MSN. By the end of the year, the hotel industry in the United States will have recorded a billion unsold hotel room nights. Based on an average daily rate of $131, hotel owners have seen about $46 billion in lost revenue. The result, industry… READ THE REST
President-Elect Joe Biden, in a statement on the November jobs report released Friday, says he is "encouraged by the bipartisan efforts in the Senate around a $900 billion relief package." He adds: "Congress and President Trump must get a deal done for the American people." [Read the BLS November Jobs Report] "This is a grim… READ THE REST
Michael Goodwin, the author of the excellent comic book guide to economics, called Economix, has a new comic on his website looking at why the stock market is doing well even though the economy is not. READ THE REST
While we're by no means finished with the global COVID-19 nightmare, it's reassuring that it seems most of the world has adapted to certain difficult realities of life under the virus — one of those being the crushing shortage of medical-grade N95 respirator masks that brought U.S. hospitals and other medical facilities to a virtual… READ THE REST
Back in the infancy of Amazon, third party sellers were just a tiny facet of the company's growing eCommerce power. In fact, those small retailers affiliated with Amazon only accounted for 3% of their sales back in 1999. Of course, the company's growth and the emergence of more FBA (Fulfilled by Amazon) businesses brought thousands… READ THE REST
Just like the Lightning cable that came before it, manufacturers are now chasing Apple's latest step in ever-evolving charging technology, the MagSafe. If you haven't purchased an iPhone 12 yet, then you should know it can be charged with that old trusty Lightning connector like past models, or with the use of the new wireless… READ THE REST