Valentine's Day Roses Surge in Price Amid Covid Disruptions : The Indicator from Planet Money : NPR
The Covid-19 lockdown sent the flower market into free fall, but recently, flower prices have been picking up again. Who are the culprits behind this? Our old friends supply and demand, of course!
COVID-19 drives sales bump for Benton Harbor-based high-end furniture maker
The nationwide move to working from home has been devastating to such makers of office furniture as Steelcase Corp. of Grand Rapids.It has been a boon, though, for Vincent Leman, the owner of a small furniture business in Benton Harbor. Sales jumped 60 percent last year, all of that increase coming…
How Increasing the Federal Minimum Wage Could Affect Employment and Family Income | Congressional Budget Office
This interactive tool allows users to explore how various policies to increase the federal minimum wage would affect earnings, employment, family income, and poverty.
Ford F-150 production hit by chip shortage | Fox Business
Ford will cut the number of shifts at the factories that produce its best-selling F-Series trucks for one week due to the global semiconductor chip shortage affecting the auto industry.
PayPal profit tops estimates as pandemic drives online spending to record levels | Reuters
PayPal Holdings Inc beat Wall Street estimates for quarterly profit on Wednesday, with a coronavirus-driven shift to online shopping and digital transactions driving record levels of payment volumes for both the quarter and the year.
As America devours more wings than ever, restaurants double down
America's appetite for chicken wings appears unending and restaurant chains of all sorts are rushing to feed it.It might seem impossible, but the pandemic actually made one of the country's favorite menu items even more popular. After governments forced restaurants to close and curtail indoor…
With nearly a year's worth of supply for sale, downtown Detroit's condo market is oversaturated
For nearly two years, Detroit has had an excess of condominiums for sale on the market. To developers, that means an added challenge in an already tough building climate plagued with long-rising construction costs eating into profit margins — not to mention economic upheaval caused by a…
Loves Furniture went bust. Then its HQ landlord jacked up its asking price.
The former Art Van Furniture headquarters property in Warren has been listed for sale for $65 million. That's an eye-catching number because just a few weeks before, its new tenant, Loves Furniture Inc., filed for Chapter 11 federal bankruptcy protection, the property was listed for $53.9 million…