Welcome to the YOLO Economy
The New York Times
Burned out and flush with savings, some workers are quitting stable jobs in search of postpandemic adventure.
Something strange is happening to the exhausted, type-A millennial workers of America. After a year spent hunched over their MacBooks, enduring back-to-back Zooms in between sourdough loaves and Peloton rides, they are flipping the carefully arranged chessboards of their lives and deciding to risk it all. Some are abandoning cushy and stable jobs to start a new business, turn a side hustle into a full-time gig or finally work on that screenplay. Others are scoffing at their bosses’ return-to-office mandates and threatening to quit unless they’re allowed to work wherever and whenever they want. They are emboldened by rising vaccination rates and a recovering job market. Their bank accounts, fattened by a year of stay-at-home savings and soaring asset prices, have increased their risk appetites. And while some of them are just changing jobs, others are stepping off the career treadmill altogether.
The canal’s two biggest ports are operated by a Hong Kong company with global reach. The Trump administration sees a Chinese threat to U.S. security.
The distinctive domed building, turning 50 this year, is known for hosting the Super Bowl, but to locals, it’s also “the city’s living room.”
Black-owned brands got a foot in the door through accelerator programs at big retailers like Target and Amazon. Now they worry the door might be closing.
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.
American companies intent on making goods in the United States are fretting over the impact of tariffs on their access to parts and raw materials.
A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.
The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.
Canada, Mexico and China account for more than a third of the products brought into the United States. Tariffs could lead to higher prices for consumers.