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What’s the payoff to hosting the Olympics?

Jul 23, 2021
The Tokyo Olympics is likely to lose money — potentially in the billions. Tokyo won't be the first host city to take that hit.
People take a photo of the Olympic Rings outside the stadium during the opening ceremony of the Tokyo 2020 Olympic Games on July 23, 2021 in Tokyo, Japan.
Lintao Zhang via Getty Images

Is fast fashion catching up to real time?

Jul 22, 2021
Shein, a fast-growing, China-based clothing brand, relies on a “real-time fashion” model that slashes the time from design to production.
Expanding Chinese clothing brand Shein prioritizes its web presence. Its "real-time fashion" model enables it to capture opportunities quickly.
Antony Jones/Getty Images for Shein

The pandemic recession only lasted two months. Wait, what?

Jul 20, 2021
For a lot of people, the downturn doesn't feel over and may not for years. So what does "over" mean in this case?
The pandemic recession may be over, but many businesses are still closed or nearly empty at Union Station in Washington, D.C., more than a year after the COVID-19 shutdown.
Saul Loeb/AFP via Getty Images

How the pandemic affected one paramedic's career

Jul 19, 2021
With the pandemic forcing school and daycare closures around the country, children are spending more time at home — and women are bearing the brunt of that.
Women’s labor force participation fell to 56.2% in June, the lowest levels since 1988, according to the U.S. Bureau of Labor Statistics.
Hagen Hopkins/Getty Images

Teenagers are flooding the hot summer job market

Jul 19, 2021
Many employers are turning to younger people to fill labor shortages as business reopen. Two teenagers share their work stories.
The number of 16- to 19-year-olds who work jumped to 31.9% in June from a year earlier, according to the Bureau of Labor Statistics.
Mario Tama/Getty Images

The pandemic has changed how some parents talk to their kids about money

Jul 19, 2021
“There were a lot more opportunities to have some of these conversations," one dad tells us.
Some parents have been more transparent about their finances when talking to their children during the pandemic.
Christopher Furlong via Getty Images

Airlines now have enough passengers, not enough crew

Jul 16, 2021
"It went from a lack of demand from passengers to a lack of supply for pilots overnight, like a light switch," a pilot says.
A pilot walks through LaGuardia Airport in New York before the Fourth of July weekend. While Americans are traveling again, airlines are struggling to train and retrain staff.
Spencer Platt via Getty Images

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Canadian businesses prepare for more U.S. visitors

Jul 16, 2021
It’s been a tough year and a half for Canadian border towns dependent on U.S. tourists.
The gates at an Ontario, Canada, crossing site are closed, but the border could reopen as soon as mid-August.
Lars Hagberg/AFP via Getty Images

Los Angeles County is again requiring people to wear masks indoors

Jul 16, 2021
COVID-19 cases are rising among unvaccinated people in the county. That means enforcement issues for businesses.
Starting Saturday night, people in Los Angeles County will again be required to wear face masks in indoor spaces. Above, Grand Central Market in downtown Los Angeles on June 14.
Frederic J. Brown/AFP via Getty Images

Why this South Carolina county is seeing an investment boom

Jul 12, 2021
Spartanburg County is receiving more investment this year than in the last four years, much of it in manufacturing.
About 36% of Spartanburg County jobs are auto-related, said David Britt, chair of the county's economic development committee. The local economy is enjoying what he calls "Earth-shattering numbers."
Sean Gallup/Getty Images