Some NYC Restaurants Try Out Virtual Staff Who Take Orders Via Zoom

A few New York City restaurants are experimenting with virtual staff members, who greet customers onscreen via Zoom from the Philippines. Source link

Is the Boom-and-Bust Business Cycle Dead?

There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To some, that sounds like tempting fate. Source link

Paying Off People’s Medical Debt Has Little Impact on Their Lives, Study Finds

A nonprofit group called R.I.P. Medical Debt has relieved Americans of $11 billion in hospital bills. But that did not improve their mental health or their credit scores, a study…

TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing

The Biden administration will award up to $6.6 billion in grants to Taiwan Semiconductor Manufacturing Company, the leading maker of the most advanced microchips, in a bid to bring some…

Consumers Hate ‘Price Discrimination,’ but They Sure Love a Discount

Zohar Gilad runs Fast Simon, a company that helps retailers optimize their websites. Instead of offering different prices, they might display higher-end items for customers with a free-spending buying history,…

New Questions on How a Key Agency Shared Inflation Data

A government economist had regular contact with “super users” in finance, records show, at a time when such information keenly interests investors. Source link

Mercedes-Benz Workers in Alabama Ask for Unionization Vote

Workers at a Mercedes-Benz factory in Alabama have petitioned federal officials to hold a vote on whether to join the United Automobile Workers, the union said on Friday, a step…

Some Colleges Will Soon Charge $100,000 a Year. How Did This Happen?

Some Vanderbilt students will have $100,000 in total expenses for the 2024-25 school year. The school doesn’t really want to talk about it. Source link

Want to Invest in SpaceX or Stripe? There’s a Fund for That.

Stripe, a payments start-up, is one of the most successful companies to emerge from Silicon Valley in a generation. Last year, it hit a valuation of $65 billion. But in…

As Wildfires Grow Fiercer, Some Companies Look to Rebuild the Tree Supply Chain

When it came to wildfires, 2021 was an increasingly common kind of year in Montana: Flames consumed 747,000 acres, an area nearly the size of Long Island. About 2,700 of…