January 11, 2022

For decades, Hollywood studios and movie exhibitors abided by the law of the “theatrical window,” the period of time where a film could only be seen in theaters. This window steadily shrank over the years as home video and streaming gained dominance until it was almost obliterated in 2020 as theaters shut down for the pandemic. The fascinating video below looks at the ways that coronavirus changed domestic movie distribution and how theaters could still have a profitable future ahead Continue reading

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January 4, 2022

In August 2018, Apple made history by becoming the first publicly traded company to reach a $1 trillion valuation. Although it took the tech giant 42 years to reach this milestone, its value doubled to $2 trillion just two years later. Then to ring in 2022, Apple’s share price climbed over $186 per share, which turned the iPhone maker into the world’s first $3 trillion company. That’s more than the combined worth of Walmart, Disney, Netflix, Nike, McDonald’s, Exxon Mobil, Continue reading

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December 14, 2021

In holiday seasons past, retailers would commonly slash prices by 50 to 90 percent on Black Friday in an effort to entice shoppers into stores. But that was not the case in 2021 as companies reduced prices by “10, maybe 20 percent” according to Zarah Reeves, who usually waits until the Thanksgiving shopping weekend to buy her clothes, appliances, and home goods. “The deals are just horrible [this year],” said Reeves. “I’m looking at these discounts, thinking: That’s it? Never Continue reading

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November 18, 2021

Last year’s Thanksgiving was an unusual one: with travel restrictions largely in place and mass vaccinations still months away, fewer people traveled home to see their families for the holiday. According to AAA, however, that will not be the case in 2021 as the transportation agency expects 6.4 million more people to travel than in 2020. Lifted restrictions as well as clearly defined safety procedures for air travel have made many Americans confident about taking a trip for Turkey Day, Continue reading

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November 16, 2021

The pandemic completely upended the concept of work in the U.S., resulting first in mass layoffs as companies closed down followed by mass resignations when businesses returned. This video looks at how the first problem may have led to the “Great Resignation” as workers continue to leave their jobs and companies struggle to attract talent.

Questions:

  1. Why have employment rates in travel and hospitality struggled to return to pre-pandemic levels?
  2. What are some of the causes of the Great Resignation? Continue reading
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November 4, 2021

While shoppers managed to buy most of their treats this Halloween despite the current supply chain crisis, unfortunately the upcoming Thanksgiving holiday will be a bit trickier. Like many other consumer products, nearly every component of the traditional Turkey Day dinner will be more expensive than ever before. For example, an executive chef in Arkansas said that he paid over 20 percent more for 25 pasture-raised turkeys than he did in 2020. And according to Norman Brown, director of sweet Continue reading

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November 2, 2021

As debates in Washington about raising the debt ceiling once again make the news, this video provides a comprehensive and straightforward explanation of the U.S. national debt. Along with examining the sale of government bonds, the video also considers whether or not the country should retain the debt limit. 

Questions:

  1. How does the sale of bonds benefit both investors and the government? 
  2. Do you think the U.S. should continue to maintain a debt limit? Why or why not?
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October 29, 2021

While supply chain problems are bringing uncertainty to the upcoming Christmas season, retail analysts are optimistic that Halloween will be a vast improvement over 2020. Last year, the pandemic largely prevented kids from trick or treating and discouraged many adults from having costume parties, leading to a multi-billion dollar drop in retail sales during the spooky season. With an increasingly vaccinated population and lifted restrictions across the country, though, sales from 2021’s Halloween festivities are expected to increase by 20 Continue reading

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October 21, 2021

For months, supply chain problems have led to increased prices and long delays that show no sign of ending anytime soon. As a result, industry analysts are recommending that consumers start their holiday shopping as soon as possible if they want their items to arrive by December. While supplies remain low because of factors like jammed ports and truck shortages, demand is expected to ramp up this holiday season as experts predict a 7 to 9 percent increase in retail Continue reading

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October 19, 2021

With more than 1 billion users worldwide, TikTok has become a commercial powerhouse as companies fight for the attention of this enormous user base. Products that go viral on the short video platform are almost guaranteed to see sales skyrocket, leading some stores to create “As Seen On TikTok” sections to corral all these in-demand items together. For example, the New York-based candy store It’Sugar started stocking a brand of fruit-shaped gummies after they appeared in untold thousands of videos Continue reading

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