As we try to put 2020 in our distant memories, the global pandemic is still rampant. Energy plummeted 37% and was the worst-performing sector of the S&P 500 as the year ended. Exxon reported an annual loss of $22 billion while its market value fell by $120 billion. Chevron’s market value fell by $68 billion.

As people around the world line up for their Covid-19 vaccines, the global travel industry is anxiously looking for the light at the end of the tunnel. The debate will still ensue as government officials weigh the options of requiring proof of vaccination as borders begin to open to international travelers. In April 2020, air […]

As many Americans turned to cyber deals instead of in-store Black Friday specials, California-based Flock Freight is looking to revolutionize how those packages make their way into homes. The trucking industry has revenues of over $700 billion annually and is expected to grow by 75% into 2026. The trend to revolutionize trucking was being pushed […]

As the entire world anxiously awaits the outcome of today’s election, let’s take a minute to reflect on how we got here with some of the most interesting facts about Election Day and global elections. (And maybe finish off the day with a free snack?)

New York Governor Andrew Cuomo announced Monday that he will cancel all in person classes in schools and day cares within nine NYC neighborhoods this week. New York City Mayor Bill de Blasio is also suggesting restrictions on nonessential businesses during this surge in cases, which Cuomo is currently not supporting. “While the principals are […]

Flu season in the Southern Hemisphere begins in April, and people braced for the impact of the flu and COVID-19. However, the months came and went while the flu seemed nonexistent. Experts believe that mask wearing, travel restrictions, social distancing and school closures contributed to the decreased amount of cases. Those practices that were implemented […]

For the first time since March, U.S. jobless claims have fallen to under 1 million. The estimate for initial claims was 1.1 million and ended the week at 963,000. Continued claims were 15.5 million against an estimate of 15.8 million. This report had ended a 20-week streak were initial claims were above the 1 million […]

Public colleges and universities are not immune from the financial distress in the wake of Covid-19. “Public colleges and universities across the nation have had to spend enormous sums of money to support their students through the pandemic; switch to online education; and issue refunds to students for parking, housing, and dining services for the […]