The senior partner at a consumer research firm in Arlington, Virginia, has spent the pandemic cooped up at home and is using his free time to consume voluminous online content about luxury and vintage watches — the high-priced realm of brands such as Rolex and Patek Philippe, which are experiencing a remarkable resurgence at a time economies around the world are struggling to regain lost ground.
"In March and April, when I was talking to other collector friends, one of the common questions we’d ask each other was ‘What rabbit hole are you down … these last few days?’" Bragan said.
Other things to check out:
New enlisted marketplace, promotion board changes arriving
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Some big changes for enlisted soldiers are being implemented this coming year, including an "assignment marketplace" for staff sergeants through master sergeants and promotion boards dialing in on how much non-commissioned officers know about their subordinates, according to Sergeant Major of the Army Michael Grinston .
Also on the horizon, a phone application for squad leaders to help with administrative tasks and a prototype for what is expected to become a Sergeants Major Assessment Program , Grinston told Army Times during an Oct. 1 interview.
High costs deter Chinese parents from having more kids - Marketplace
There was a brief baby bump after the announcement but then the number of births began declining again since 2017 to 14.7 million last year.
The high cost of raising children and housing prices are often cited as one of the key deterrents to young parents from having one more child.
Marketplace spoke to factory owner Fang Yuan and his wife Zhuang Mengyi, a video producer, on the cost of raising their 2-year-old son, Zixian, in the cheaper Chinese countryside in eastern Zhejiang province.
Fed's Powell: Lack of further stimulus imperils recovery - Marketplace
Federal Reserve Chair Jerome Powell warned Tuesday that a tentative recovery from the pandemic recession could falter unless the federal government supplies additional economic support.
Powell said that government support — including expanded unemployment insurance payments, direct payments to most U.S. households and financial support for small businesses — has so far prevented a recessionary "downward spiral" in which job losses would reduce spending, forcing businesses to cut even more jobs.
Quite a lot has been going on:
President Trump calls off stimulus talks, stocks take a dive - Marketplace
Stocks turned sharply lower on Wall Street Tuesday afternoon after President Donald Trump ordered a stop to negotiations with Democrats on a coronavirus economic stimulus bill until after the election.
The S&P index slid 1.3% after Trump tweeted his mandate. The benchmark index had been up 0.7% just prior to the president's announcement with about an hour of trading left.
In a series of tweets about the negotiations between the White House and Speaker Nancy Pelosi, Trump said: "I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major stimulus bill that focuses on hardworking Americans and small business." He also accused Pelosi of not negotiating in good faith.
College admissions is a business, and the pandemic could upend it - Marketplace
Three admissions officers huddled in a windowless conference room are on a mission. Ahead of them awaits probably the most unpleasant part of their jobs: dashing the dreams of 242 applicants to Emory University's prospective Class of 2023 before official acceptances go out in just a few weeks.
This team of three is responsible for the southeast region. Of the five regional committees reviewing the high school seniors conditionally accepted to the freshman class, they must make the biggest cuts. While the Southeast team meets behind closed doors, so, too, do the other committees trying to move one thousand applications from the thin admit stack to the much larger deny or wait list piles, a process they call "shaping down.
Colleges try to hold off another COVID-19 shutdown this fall - Marketplace
Millions of students are in college, but not at college, this fall. Their schools opted to open 100% remotely, with few or no students on campus, and all classes conducted online, to minimize the risk of COVID-19 spread.
But, many schools are operating with some or all students on campus, without so far experiencing serious COVID-19 outbreaks. And administrators have a huge financial incentive to bring and keep their students on campus if they can, according to Emily Wadhwani, who covers higher education at Fitch Ratings.
Fire smoke deals another blow to California wine industry - Marketplace
Wildfires have already damaged or destroyed property at more than a dozen wineries in Napa and Sonoma . And countless acres of grapes are facing the possibility of smoke damage, which means they may never be turned into wine.
Herrera runs a crew of up to 100 workers to manage vineyards for other wineries. His workers were recently loading up boxes to harvest grapes that growers wanted to try and pick before they got too much exposure to smoke.
Because of the threat of smoke taint, many winemakers are refusing to buy grapes from growers. If winemakers grow their own grapes, many are opting to leave them on the vine in hope of collecting insurance money if the grapes are found to have smoke taint. All this means people doing the harvesting are out of work.
Happening on Twitter
Free the "Hong Kong 12" has become a new rallying cry for protesters muzzled by a rigid national security law and t… https://t.co/mArdFjFlO4 WSJ (from New York, NY) Sun Oct 11 05:00:12 +0000 2020
LOOK: Riders of motorcycle riding application Angkas conduct a thanksgiving motorcade to those who are giving suppo… https://t.co/HHp9Qf0FPu manilabulletin (from Manila, Philippines) Sun Oct 11 03:30:47 +0000 2020
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