Saturday, October 17, 2020

Americans are on the move - Marketplace

Publisher: Marketplace
Twitter: @Marketplace
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Many things are taking place:

Sun Prairie Walmart to transform parking lot into 'Gameday Marketplace'

SUN PRAIRIE, Wis. — Walmart in Sun Prairie is planning to transform its parking lot into a ‘Gameday Marketplace’ start this weekend.

According to a news release, the Walmart at 1905 McCoy Road will have a ribbon cutting ceremony and a $5,000 check presentation to the Chamber of Commerce. The release said local businesses and food trucks will be on-site, while other events will be socially distanced.

The marketplace starts at 11 a.m. Saturday and runs until 5 p.m. It will also happen again on Oct. 24, 30 and 31.

Publisher: Channel3000.com
Date: 2020-10-17T02:18:16 00:00
Twitter: @WISCTV_News3
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How long can consumers keep spending? - Marketplace

When Jonathan White, an audio engineer at a performing arts center in Dallas, was furloughed in June, he benefited from the additional unemployment money in the federal stimulus package.

"I got six weeks of the $600 stimulus, which was great," he said. "I was making about as much as I would in a 40-hour week."

And he was spending — mostly on accessories for his home office. He does some freelance work. 

But at the end of July, the money ran out. White started spending a lot less. And he said if there's no more stimulus from Congress, he's going to cut back on his holiday spending this fall, too.

Publisher: Marketplace
Date: 2020-10-16T22:47:55-07:00
Twitter: @Marketplace
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Here's why some are too optimistic about the pandemic - Marketplace

We are now seven months into the pandemic, and the numbers are once again getting worse. Average new cases per day have jumped in the past week to more than 50,000 . 

The fear is we might be letting our guard down because of what's called optimism bias . Behavioral scientists and economists have found patterns suggesting we downplay the likelihood of bad news, whether it's investments, business plans or getting COVID-19.

"Optimism bias is our tendency to overestimate the likelihood of experiencing positive events — such as financial success or having a long, happy marriage — and our tendency to underestimate the likelihood of experiencing negative events," said Tali Sharot , a cognitive neuroscientist at University College London and author the “The Optimism Bias.”

Publisher: Marketplace
Date: 2020-10-15T21:05:00-07:00
Twitter: @Marketplace
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In case you are keeping track:

The Innovation Mindset: Transferring Intellectual Advances From Baptist Health to the Marketplace
Publisher: Resource | Baptist Health South Florida
Date: 2020-10-16T11:00:00 00:00
Twitter: @baptisthealthsf
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On Prime Day, Amazon keeps the focus on its marketplace | Retail Dive

But the e-commerce giant, more than either its third-party sellers or its rivals, probably got the most out of what may be the kickoff of the holiday season.

In its report on the delayed Prime Day sales event this year, Amazon kept the focus on its third-party marketplace.

Those sellers globally, in the 19 countries where Prime Day took place, took in more than $3.5 billion , making the event "the two biggest days ever for third-party sellers, nearly all of which are small and medium-sized businesses," the e-commerce giant noted in a blog post Thursday.

Publisher: Retail Dive
Date: 2020-10-16
Author: Daphne Howland
Twitter: @RetailDive
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Americans' trust in government data depends on their politics - Marketplace

Partisanship and perspective seem to go hand in hand, based on the latest Marketplace-Edison Research Poll , especially when it comes to federal economic data. 

Our poll asked respondents how much they "trust the data about the economy that is reported by the federal government," and 40% said they either somewhat distrust it or did not trust it at all. That reveals greater confidence in government data than just before the 2016 election, when 44%, held that perspective, but there has been a drastic shift since then in terms of just who believes and distrusts government data. 

Publisher: Marketplace
Date: 2020-10-15T22:29:26-07:00
Twitter: @Marketplace
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How product placement worked on "Supermarket Sweep" - Marketplace

"Supermarket Sweep," the reality game show where contestants raced frantically around a grocery store trying to buy as many products as they could, is getting a reboot.

The series — hosted by former "SNL" star and comedian Leslie Jones — airs this Sunday on ABC, making it the fourth iteration of the popular game show. While the show originally debuted in 1965, the 1990s version has become the version most vividly imprinted in audience's minds (thanks in part to host David Ruprecht's sweater collection , which has developed its own fandom.)  Back in July, 15 episodes of the '90s series hit Netflix. 

Publisher: Marketplace
Date: 2020-10-16T21:21:23-07:00
Twitter: @Marketplace
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