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🍋 Self-Checkouts Down Bad
A new study found that self-checkouts rose from 18% in 2018 to 30% last year. And some retailers like Walmart, Kroger, Dollar General, and Albertson’s are jumping on the bandwagon and testing out full self-checkout stores. But some economists say that despite being touted as a way to cut costs, save time, and prevent theft, it seems the machines have done the exact opposite.
🍋 The Accountant Who Shorted the Market
Last week, Gautam Adani was ruling the financial world as the third richest man on the planet, with a vast empire of Indian conglomerates under his control. But it seems like Hindenberg Research, a tiny investment firm in New York, may have sent Adani's empire tumbling down like a house of cards.
🍋 The Dark Side of Self-Driving Cars
Looks like the future of self-driving cars is about to hit the gas pedal on carbon emissions - and not in the way we hoped. Researchers from MIT found that the energy required to power just the computers on a global fleet of autonomous vehicles could generate as much greenhouse gas as all the data centers in the world.
🍋 New Remote Work Spot
It seems Tulsa, Oklahoma is the new hot spot for remote workers looking to stretch their paychecks further. The city's 'Tulsa Remote' program is offering $10,000 to those willing to pack their laptops and head to the Sooner State. And it looks like the offer is too good for some to pass up - reports show that over 2,000 people have already taken advantage of the program and are now living the good life in Tulsa.
🍋 Gen-Z's Flex Life
It looks like the luxury market is getting a fresh injection of youth, with a new report showing that millennials and Gen Z are driving growth in the industry. According to a report from Bain & Co, these young, wealthy shoppers are expected to make up a third of the luxury market by 2030.
🍋 Egg-nomics 101: Mooning Egg Prices
Egg prices are starting to crack a little bit as demand for the breakfast staple starts to falter - more and more Americans say the breakfast staple is out of their budget. But despite all of the memes and public outrage, egg prices are still up nearly 60% from a year ago.
🍋 Sweetgreen Down Bad
Looks like finance bros might have to start brown-bagging it. Those of us that work in central business districts like Midtown/Financial District in New York and the Loop in Chicago are in for a rough ride, as more and more of their beloved business lunch spots are closing their doors.