In the middle of the 20th century, Sears accounted for a full percentage point of U.S. GDP. By the early 21st century, it was in steep decline. What happened? CityLab provides a few theories.
Amazon has already disrupted “old economy” industries from retail to restaurants. Now, it appears the online giant is looking to start making its own deliveries. CNBC looks at the potential impact to companies like FedEx and UPS, and to the economy as a whole.
– Business Insider
There’s an obvious answer to why the restaurant industry is struggling in the US. “Not many categories are truly growing,” Dunkin’ Brands CEO Nigel Travis told Business Insider. “The country is probably over-restauranted,” Travis continued. Read the entire interview here.
– The Atlantic
Disagreement among Republican and Democratic voters on a range of political issues has risen sharply in recent years, a political divide that intensified during the first year of President Trump’s administration, according to a new report from the Pew Research Center. Since the widening of the partisan opinion gap is a continuation of a trend, Trump’s presidency hasn’t ushered in a new era of intense political polarization so much as it marks a new chapter in an increasingly polarized political time.