Hello Everyone, I hope that this note finds you all healthy and well. This pandemic and resulting isolation has reminded us of the deep need for human connections, people’s adaptability and...
Exclusive: Apple targets car production by 2024 and eyes 'next level' battery technology - sources | Reuters
Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, people familiar with the matter told Reuters.
How Oil Prices Went Subzero: Explaining the COVID-19 Oil Crash
How oil prices went negative: this explainer shows how a collapse in demand, a Saudi-Russia price war, and oversupply led to futures prices going wonky.
FedEx profit leaps on rate hikes, e-commerce shipments
U.S. delivery firm FedEx Corp on Thursday said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.
Michigan officials: Feds cutting COVID vaccine shipments next week
Michigan public health officials expect to receive 29 percent fewer doses of Pfizer Inc.'s COVID-19 vaccine next week, an unexplained drop in supplies on just the second full week of the state's mass inoculation of health care workers on the front lines of the pandemic. Lynn Sutfin, a…
Delays in USPS letters and packages for the holidays
The U.S. Postal Service predicts this week will be the busiest time of the season for mailing, shipping and delivery. It’s also turning out to be a season
Kate Pew Wolters: As the country ages, the market demand for direct care workers will only intensify
Imagine for a moment that your alarm goes off at 6 a.m. and it's time to go to work. But somehow you can't get out of bed. You wait. You pick up your phone and see that the person that was supposed to be your arms and your legs to get you out of bed, cleaned up and dressed and ready to make a…
Low wages, long hours contribute to a critical shortage of health care's unsung heroes
Doctors and nurses are lauded as front-line heroes in the battle against COVID-19, but direct care workers who help people at home are a less visible and relatively unheralded part of the health care ecosystem. The pandemic magnifies their long-simmering undervaluation.Direct care workers —…
COVID-19 crisis likely to stop Michigan's minimum wage from rising in 2021
The COVID-19 recession is likely to sideline a minimum wage hike for Michigan workers in 2021, the state announced Friday. The minimum wage was supposed to increase to $9.87 an hour and $3.75 for tipped employees under a 2018 law legislators passed to sidestep a ballot drive that successfully…
Using a Structured Minimum Wage Debate in the Economics Classroom | Education | St. Louis Fed
Using the minimum wage as a classroom debate topic, students develop competencies in researching current issues, preparing logical arguments, thinking critically about a relevant economic issue, and formulating opinions based on evidence.
StockX grows with sales of elusive gaming consoles PS5, Xbox
Consumers seeking a recently released Microsoft Xbox Series X or Sony PlayStation 5 gaming console are mostly out of luck as the systems are in scarce supply. But for those willing to pony up the cash, they can find one on the StockX e-commerce platform. The Xbox and PS5 were the fourth and…
Michigan Christmas tree sellers see early bump in sales amid pandemic
The coronavirus pandemic has had a negative affect on many industries but one seasonal business, particularly in Michigan, is seeing a major boon.Christmas tree sales so far this holiday season have hit unprecedented levels, according to a survey conducted by the Michigan Christmas Tree Association…
There aren't enough new cars, Ally Financial chief says
Detroit-based Ally Financial Inc., the largest U.S. auto lender, said carmakers should get busy.There's enough consumer demand for manufacturers to ramp-up output of new models but not enough supply, CEO Jeffrey Brown told investors at a conference on Tuesday."Factories have to get back to work,"…
Coronavirus-related delays on Webasto roofs prompt Bronco launch setback
DETROIT -- Ford Motor Co. delayed production of the Bronco SUV after coronavirus-related logistics issues hampered German supplier Webasto's ability to equip a Michigan facility in time to make the vehicle's removable roof, according to people familiar with the situation.Webasto in April of last…
'Fauci Effect' Drives Medical School Interest As U.S. Faces Physician Shortage : NPR
The pandemic put a spotlight on health care workers and inspired many to pursue a career in medicine. The record number of applicants comes as the U.S. faces a projected shortage of physicians.
A 'Sneakerhead' Shares His Simple Strategy: Buy Low and Sell High - KWHS
Update: We were excited to see Srijan featured in 2019 in this YouTube video . Thanks for first sharing your story with us, Srijan! Srijan Sharma responded to our recent outreach for student entrepreneurship stories by contacting us to say, “I would love to share my experiences maintaining my online business with the readers of the […]
Law of Demand, Law of Supply Summary Sheet - Google Docs
DEMAND LAW OF DEMAND “More of a good will be bought the lower its price, less will be bought the higher its price, ceteris paribus.” Law of Demand implies that there is an INVERSE relationship between P, Qd – other things staying the same: What would affect your willingness or abil...