With a dip in consumer spending and retailers urging customers to pay with cards instead of cash, the coronavirus pandemic has taken coins out of circulation and created a shortage across the United States. By now, it’s likely you've seen signs at your grocery store asking you to pay with exact change.
The Federal Reserve has created a task force to study the problem. With representatives from the U.S. Mint, Walmart, Coinstar and the Fed's own experts, the task force is hoping to find solutions for bringing coins back into this economy.
Other things to check out:
NRG Spinout Station A Raises Funding to Expand Clean Energy Marketplace for Commercial Buildings
Station A, a spinout of NRG Energy, has built a business collecting massive amounts of data on about 10 million commercial and industrial buildings across the U.S., using it to assess their viability for solar PV, batteries and other distributed energy investments. On Wednesday, Station A announced it has raised $3 million in venture capital to expand its platform for connecting building owners with clean-energy developers.
Wednesday’s round was led by Renewal Funds and joined by Powerhouse Ventures; utility group Southern Company; and SE Ventures, the venture arm of Schneider Electric. The new funding will be used to triple the size of Station A’s team from its current five employees to 15.
Parents turn to private "pods" to school children - Marketplace
Working parents are in a tough spot these days — juggling child care, home schooling and full-time work. The situation has become critical as many school districts have announced they will not fully resume in-person classes this fall as coronavirus cases continue to surge. So parents are getting creative, forming “pods” with other families to share the cost and burden of home schooling.
Taking care of twin 9-year-old girls has become almost a full-time job for Washington, D.C., photographer Delane Rouse. His wife is working extra hours as a contract attorney, so he’s taken on the majority of kid duty, working only two days a week. But the family will not be sending the kids back to school in the fall.
What does a virtual Comic-Con mean for those "attending" online? - Marketplace
Wednesday marks the start of Comic-Con, the huge comic and entertainment convention usually held in San Diego, California.
Organizers would normally be expecting around 130,000 fans from over 80 countries to attend. Of course, that's not possible this year, because of COVID-19, so the entire festival has gone virtual.
That means there'll be no fans in amazing costumes packing the San Diego Convention Center. Anyone can watch the panels and presentations for free, rather than having to compete to get an expensive day pass.
Not to change the topic here:
How one of the U.S.'s most iconic companies nearly flickered out - Marketplace
In the years to come, Immelt, Bornstein, Bolze, and some board members who backed the Alstom deal would view its failure as a function of poor timing. They'd say that no one could have foreseen how quickly the world would swing from believing in a steady upward trajectory for natural gas–fueled electric power to focusing instead on renewables and battery storage.
But more than anything, they rejected the criticism that had finally begun to leak out into journalists' accounts and the public domain. If anyone had thought this deal was a dog, he or she should have said something, Immelt felt. Bornstein too would insist that the deal had undergone stringent review, and that any GE officer who had objected to it had been duty-bound to speak up. No one had.
EBay could focus on marketplace growth if it sells Classified unit to Adevinta | S&P Global
Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.
At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.
Associated Hemp Sets the New Standard in CBD Marketplace with Launch of Two Premier Brands:
ALBANY , N.Y. and PLAINVIEW, N.Y. , July 22, 2020 /PRNewswire/ -- Associated Hemp ("the company"), a Long Island -based holding company that develops and markets a portfolio of CBD brands, announced today its entry into the marketplace with the launch of two premium brands, Citizens Hemp and GoCBD:
"The CBD space is over-crowded with sub-par, misleading, and in some cases, fraudulent products," says Shak Anand , co-founder and CEO of Associated Hemp, who also co-led the company's seed round in 2019. "We set out on a mission when we started this company, and that was to bring CBD products to market that are held to higher standards than what consumers have been forced to accept.
The housing market's a rare bright spot in a struggling economy - Marketplace
There’s at least one bright spot amid all of the worrying signs in this economy: the housing market. Sales of existing homes jumped by almost 21% in June, according to the National Association of Realtors, and mortgage applications rose by 4% percent last week, according to the Mortgage Bankers Association.
The homebuying process spins a lot of money out into the broader economy. Mark Vitner, senior economist at Wells Fargo, said sellers drive demand for realtor services and advertising. Buyers pay mortgage fees. Legal fees. Insurance premiums.
Happening on Twitter
Et voila! https://t.co/2I5QNFD7HN https://t.co/NbxIhb1teC kairyssdal (from Los Angeles, CA) Wed Jul 22 23:39:56 +0000 2020
No comments:
Post a Comment