February 7, 2025

The breakfast chain Waffle House is famous for serving customers a cheap and hearty breakfast at any time of day. In fact, the 24-hour eatery is so reliable and affordable that emergency officials use it as an informal gauge for judging severe weather: if the area Waffle House is closed, then the natural disaster must be extremely severe. But one thing the famously dependable chain couldn’t predict is soaring egg prices, which have driven it to add a 50-cent Continue reading

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February 4, 2025

Costco, the warehouse club famous for bulk items and cheap hot dogs, is trying to avoid what would be its first-ever employee strike. The Costco Teamsters union, which represents 18,000 workers, threatened to stop working after January 31 unless the company raised wages and benefits to reflect inflation. With only a few hours left before the strike was scheduled to start at 56 stores across six states, Costco reached a tentative agreement with the union over the weekend. Now it’s Continue reading

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January 31, 2025

The devastating wildfires that have raged in the Los Angeles area will result in an estimated $250 billion in economic losses, making it one of the costliest natural disasters in American history. The video below looks at how private insurance adjusters assess the damage done to LA homes, and the tough choices that many homeowners now face.

Questions:

  1. What service do private insurance adjusters provide for homeowners?
  2. What are some challenges that homeowners will face as they attempt to rebuild after the fires?
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January 28, 2025

TikTok turned its service back on for U.S. users after a 12-hour shutdown earlier this month, but the popular video-sharing platform is still blocked from American app stores while it faces legal uncertainty. That means people can’t download or restore the app if it gets deleted. As a result, unlocked cell phones that come preloaded with the popular social media video-sharing app have become a hot commodity on resale sites like Ebay and Facebook Marketplace. In many cases, sellers are Continue reading

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January 22, 2025

When online reviews first started in the late 1990s, shoppers used them to compare their purchases with each other instead of relying on the seller’s description or an expert recommendation. Directory sites like Yelp and Trustpilot grew their user bases by incentivizing contributors to leave authentic reviews for restaurants, doctors, and just about any public-facing business. But online reviews created a new problem: fake reviews. Businesses hired brokers to recruit people to write false reviews — either positive ones to Continue reading

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January 17, 2025

For weeks, the Los Angeles area has been battling enormous fires that have caused billions of dollars in damage while thousands of residents evacuate. Along with a large force of professional firefighters, California prison laborers are also taking on the blazes for a chance to shave some time off their sentences. They also receive some compensation, often just a couple dollars an hour. This short video shows incarcerated individuals at work actively fighting fires as well as performing routine maintenance Continue reading

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January 14, 2025

Pop superstar Taylor Swift completed her Eras Tour in 2024, ending a two-year global phenomenon that became the highest grossing tour of all time. Eras was Swift’s first tour since COVID-19, and its economic impact was such a drastic change from lockdown that financial analysts started calling it the “TSwift Lift.” And even though the tour has come to a close, it could still have a gargantuan cultural impact in 2025 as the U.S. Department of Justice sues Ticketmaster, the Continue reading

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January 7, 2025

Have you ever gotten the feeling that Siri, the voice-activated digital assistant on Apple devices, was eavesdropping on your private conversations? Have you noticed online ads for a particular brand after talking about it out loud? If you said yes, you’re not alone. A 2019 class-action lawsuit representing tens of millions of people accused Apple of violating user privacy by making unauthorized recordings through Siri and sharing them with advertisers. For example, two of the plaintiffs in the lawsuit said Continue reading

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December 13, 2024

In the days before online shopping, catalogs were a common way to purchase holiday gifts without having to go to a store as customers placed and received their orders directly through the mail. Sears issued the first holiday edition of its popular catalog in 1933 selling toys like a Mickey Mouse watch, a Lionel electric train set, and live singing canaries. In 1968, the catalog grew to more than 600 pages, including 225 pages of toys. Many companies relied on Continue reading

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December 11, 2024

After decades of decline, many American malls are continuing to struggle as former anchor stores like Macy’s, JCPenney, and Sears either close locations or go out of business entirely. With lots of open space on their hands, at least 192 malls are experimenting with housing in an attempt to bring life back to dying retail spaces. The video below explains the logistics of mall-based apartments, which can be located close to restaurants and shops but also lack basic amenities like Continue reading

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