Rents in Manhattan have fallen sharply in the past month. The median rent fell by 7%, marking the first time rents in the New York borough have decreased in over a decade. The decline in rents is due to a substantial decline in demand for…
A new start-up company has developed an electric car that charges while you drive. The German company, Sono, largely funded development of the car through crowdsourcing. The vehicle is almost entirely covered with solar panels, which allows the car to charge while driving and parked…
Dr. Pepper took to social media to apologize to its loyal customers for the shortage that they are facing. Many customers are having a hard time finding the product in local stores. The main culprit for the lack of supply of aluminum cans. As fewer customers are…
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 pandemic, the U.S. fell into a recession that wiped out the economic gains of the…
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 some companies time, businesses that are now closed will likely remain that way for the…
Since thousands of concert venues around the world remain closed due to coronavirus, many artists have taken to social media to stream live performances. These innovative concerts draw in huge online audiences but are no replacement for the revenue generated by live shows. This video…
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 greater attention to issues like income inequality and systemic racism in both the private and…
BBC reports, dozens of Microsoft employees (outsourced through a media firm) were informed their services were no longer needed. They are being replaced with artificial intelligence and software that can now complete their jobs. Microsoft is the owner and operator of MSN, a web portal…