M.B., a customer service representative at a major retail chain in Florida, has been furloughed since the beginning of April. And although M.B. applied for unemployment immediately upon being furloughed, the status of her application still says “pending.” “On May 4, one month [after initially applying], I’m finally able to get another application through on […]
Coronavirus lockdowns, while being gradually relaxed, are ensuring that Memorial Day simply won’t be the same this year. Most shopping malls across the U.S. remain shuddered, and brick-and-mortar department stores — many which anchor big malls and have traditionally...
The gradual relaxation of coronavirus restrictions is stoking hopes for an economic rebound, with the biotechnology industry riding a wave of expectations in the hunt for an effective COVID-19 treatment. Vaccines are perceived as key to ending the restraints on work...
The latest bankruptcies of big-name retailers – J. Crew, J.C. Penney, Neiman Marcus – are the most recent example of the struggle traditional retail has been enduring for years. The stay-at home orders and business shutdowns forced the issue: consumers turned to...
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