Consumer spending has slowed down in many areas, but alcohol sales are booming. Americans cannot go out to restaurants and bars, so they drink alcohol at home to pass the time and handle the stress. The coronavirus pandemic has caused millions of job losses. Alcohol sales might fall in April if people spend more on…
Analysts expect the coronavirus outbreak to cause unprecedented damage to the U.S. economy. But recent data releases have given a relatively-rosy snapshot of economic activity. Here’s why those releases are deceptive and how you can avoid being fooled. There’s no dispute that cracks have begun to form in the U.S. economy. But as analysts brace…
There’s no shortage of free games to play this weekend. Epic Games and Steam are offering games to keep forever, alongside trial periods of popular games like Cities: Skylines and Sandstorm: Insurgency. Ubisoft is also running a multi-platform Ghost Recon Breakpoint free weekend. Whether you’re on the look-out for your next go-to or need a…
Now that 2020 has started, Uber, DoorDash and Lyft are taking additional steps to undermine a new California law that would help more gig workers qualify as full-time employees. These moves entail product changes, lawsuits and ramped-up efforts to get a ballot initiative in front of voters that would roll back the new legislation. Let’s…
Drew Angerer/Getty Images This Thanksgiving will see some 55 million Americans traveling more than 50 miles over the holiday weekend, a 2.9 percent increase from last year and the second highest number of holiday travelers since AAA Travel started tracking in 2000, with the largest number recorded in 2005. AAA Travel also reported on data…
The Dow, S&P 500, and Nasdaq resisted the temptation to extend their slump on Thursday. All three stock indices secured substantial gains as trade war developments trended in a positive direction. Meanwhile, the US economy continues to defy recession warnings. The Dow snapped out of its single-day slump on Thursday, racing toward a triple-digit rally…
Google and NASA have demonstrated that quantum computing isn’t just a fancy trick, but almost certainly something actually useful — and they’re already working on commercial applications. What does that mean for existing startups and businesses? Simply put: nothing. But that doesn’t mean you can ignore it forever. There are three main points that anyone…
Futures on the Dow Jones Industrial Average (DJIA) rallied in aftermarket trading Tuesday amid signs that the U.S. economy was still outperforming most of its advanced industrialized peers in Europe and Asia. Dow Futures Climb; S&P 500, Nasdaq Follow Futures on all three major U.S. indexes traded higher Tuesday, which lends well to a strong…
