While indoor dining has dropped way down during the pandemic, food delivery has grown considerably. DoorDash and Uber Eats, the two largest delivery apps by market share both saw their sales double from the end of 2019 to the end of 2020.
But while it might be an easy decision for customers to use these third-party delivery apps, the decision for restaurants is not so easy. There is a lot to consider, and it’s not a one-size-fits-all solution.
Mass unemployment, colossal bankruptcies, and a shattered tourism industry have ravaged New York City during the coronavirus pandemic. In January 2021, Governor Andrew Cuomo proposed raising taxes on the wealthy, while cutting Medicaid and school spending to balance the multi-billion dollar budget deficit. Opponents say tax hikes could lead to a mass exodus of the wealthy New Yorkers who fund a large portion of the city’s revenue. Others say that the crisis has exasperated existing inequalities and cutting social services will only hurt those most affected.
Vaccine passports are likely to become a feature of everyday life as lockdowns are lifted across the world. But as “green passes” kick-start economies, what are the potential drawbacks? Read more of our coverage on coronavirus : https://econ.st/397Mkxq
The NCAA has created a ‘controlled environment’ with an extensive list of protocols aimed at keeping the coronavirus from upending March Madness for a second year. The stakes are high for both the players and the NCAA. Photo: Marc Lebryk-USA TODAY Sports
Deep in the frozen north of Russia’s Sakha Republic lies a place where time is being reversed and a once extinct environment is being brought back to life. How is something like this possible and what impact could it have on our world?
The IRS sent roughly 90 million stimulus checks to Americans in March. WSJ’s chief economics commentator Greg Ip explains why stimulus checks alone are unlikely to spur inflation. Photo Illustration: Carlos Waters
A type of Pratt & Whitney engine on Boeing 777s has failed catastrophically three times in a three-year span. Federal investigators are trying to figure out why.
The global electric vehicle market is heating up and China wants to dominate. The country has invested at least $60 billion to support the EV industry and it’s pushing an ambitious plan to transition to all electric or hybrid cars by 2035. Tesla entered the Chinese market in 2019 and has seen rapid growth.
China sold roughly one million more EVs than the U.S. in 2020. But there are signs the U.S. is getting more serious about going electric. President Joe Biden announced a goal to reach net-zero emissions by 2050 and investments in green infrastructure. Watch the video to find out how China came to dominate the market and whether it’s too late for the U.S. to catch up.
In the skies above our heads, humanity’s titanic geopolitical superpowers are yet again duking it out for supremacy among the stars. Only this time, unlike the 1960s, there’s three of them. Or is there? It’s complicated. Join us today as we helmet up and examine the new space race unfolding right now between the US, China and Russia.
What you might call the oldschool or ‘classic’ space race started in the 1950s, peaked during the 60s, and petered out by the mid 70s. It was, to be sure, an unofficial race. Nobody waved a novelty green flag to set things off. But the two largest economic and technological powers of the day – the United States of America and the Soviet Union – fought bitterly to be the first to make meaningful headway into the cosmos.
A year into the coronavirus pandemic, many schools are only partially open for fear they could fuel the spread of the virus. Experts explain what the actual risks are for spreading Covid-19 in schools and how proper controls can change that equation. Illustration: Preston Jessee for The Wall Street Journal
Boomers Daily 