Is Retail Making a Comeback or Is E-commerce Taking Over?
The start of the Covid-19 pandemic seemed like it would be the end of the retail fashion industry. However, by mid-August this year, the recovery progress seemed tenuous.
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Pandemic
Zoom Sales Plummet Amid Post-Pandemic Era
In the wake of the Covid-19 pandemic, video-conferencing platforms like Zoom experienced record growth. The numbers showed that there was a 360% revenue growth as hundreds of thousands of users logged onto Zoom for school, work, or social events between friends and family. Such was its popularity that Zoom became a household name, as it bridged the gap between people across the world.
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Ghost Kitchens Expected to Thrive Even Post-Vaccine
During the pandemic, a variety of disruption-driven trends emerged, and one of those trends is ghost kitchens. Due to the restrictions placed on in-person dining, the world has adapted to a new normal with food delivery, and ghost kitchens have taken this opportunity to shine.
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U.S. Unemployment Rates Continue to Drop
In the fall of 2021, we are continuing to not only see the social and medical ramifications of the Covid-19 Pandemic, but we are now seeing some more economic problems start to arise. That comes in the form of the United States overall unemployment rate continuing to plummet.
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The Real Estate Market Continues to Thrive Fueled by an Ongoing Demand for New Homes
The past year has seen a real estate boom despite several areas of the economy still struggling due to the pandemic. CBS News reports that home prices grew 15 percent by the end of 2020 compared to the year prior. According to Realtor.com, home prices have risen 14.3 percent since the onset of the pandemic, there are 50 percent fewer homes on the market, and new listings are 27 percent lower than expected for March 2021.
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Saudi Arabia keeps control of oil market despite production increase
Prince Abdulaziz bin Salman, Saudi Arabia’s oil minister, has urged fellow producers to tighten the amount of oil released into the market. He fears that additional oil flowing into the market could cause prices to drop. Especially during the pandemic, oil prices have declined due to an increase in the number of people staying home. T
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Do Richer Lives Matter More? Vaccine Rollout Reveals Global Inequity
Do the lives of citizens in richer countries matter more? Certainly most would say that of course not, that in fact all human lives are equally precious. The COVID-19 Pandemic, particularly the allocation of vaccines, is testing the lengths to which richer nations adhere to this ideal.
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Tiktok Throws Appeal of Thrift Shopping Into Spotlight
With the financial stress of the ongoing Coronavirus pandemic still at the forefront of everyone’s mind and wallets, rising popularity in thrifting TikTok videos highlight the benefits of shopping secondhand.
With each swipe, TikTok has served as an entertaining way for users to watch time pass by in quarantine, becoming an outlet for users to show off their unique talents and interests with high hopes of “going viral.” Equipped with a tailored “For You” page concocted by TikTok’s algorithm; fashion lovers everywhere are finding their feeds flooded with trendy thrift shop finds at a fraction of retail prices.
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How to Prepare for the Job Market after COVID-19
While COVID-19 may have adversely impacted the job market, students should take this time to reinvent themselves and enhance their skills to impress employers.
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In Europe, COVID-19 Cases Soar
Across the European continent, countries are currently facing massive spikes in COVID-19 cases. Hospitals are once again filling up, death tolls are on the rise, and concerns of increased lockdown procedures are surfacing.
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