COVID-19 has an unprecedented and far-reaching effect on the global economy, bringing up lots of uncertainties and potential risks for investment in 2020. The historically low mortgage rates provide possibilities for the potential investment return in the real estate sector
As the coronavirus pandemic rages on, global economies continue to sink as unemployment and decreasing consumer good demand pose serious long term threats. Developing nations are particularly vulnerable as they lack the required infrastructure to bail local enterprises.
The pandemic has left many industries helpless, but edtech-based companies have been witnessing their sales skyrocket as the outbreak came to be a blessing in disguise for the industry. Let us take a look at how COVID-19 has acted as a game changer for edtech.
The Covid-19 pandemic has added fuel to the fire of The Retail Apocalypse. Some of our favorite brands have decided to close up shop. Yet, some seem to be thinking ahead. Our Economic Columnist discusses ways tech, fashion, and coffee giants are strategically pivoting during the peak of the retail apocalypse.
Travelers can now take advantage of unique vacation opportunities — for free. Senior Investing Columnist Sean Toobi breaks down the home exchanges domain and its growing popularity despite the recent struggles in the broader travel and tourism industry.
Nothing screams “America” quite like a good old fashioned buffet. A glorious smorgasbord of culinary delights, as much food as one could possibly want, all for one typically affordable price, and a true memorial to the distinctly American brand of gluttonous consumerism. Many immigrants to the United States gravitated to buffets like the late Souplantation and Sizzler for this very reason: they provide a little taste of the quintessential American experience in every overflowing plate, a taste of that ever elusive ‘American Dream.’
The COVID-19 pandemic has resulted in many changes in the daily lives of people from all around the world. Video streaming on social media platforms has shown people rushing into grocery stores and stocking up on canned food and toilet paper. Colleges have abruptly transferred to online education via Zoom and other video conferencing tools. About 16 million Americans have lost their jobs since the start of lockdowns across the country. Small businesses and local stores still struggle to keep their businesses afloat.
With the recent (as of the writing of this article) nationwide Black Lives Matter protests, the issues of police brutality and systemic racism against African Americans has re-emerged in the media. This resurgence has highlighted the double standard and prevalent societal inequalities which African Americans face, and has revealed the deterioration of race relations in America. According to a recent Gallup poll, “nearly 60 percent of those surveyed said that they were somewhat dissatisfied or very dissatisfied with the state of race relations in America.”
Higher education is a lucrative industry. Millions of students funnel billions of dollars into universities to not only attain an undergraduate degree but to also live the so-called “college experience.” But just like every other industry, it has been hit hard by the coronavirus, and students are rethinking whether the virtual, online college experience is worth the high price tag.