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Politics didn’t make people spend less time on social Download Share In the lead-up to the election, many social media users expressed growing exhaustion with the user experience due to the influx of political content. But those feelings of “election fatigue” didn’t cause most users to decrease their engagement on social. According to a July 2020 Pew Research Center survey, 55% of US adult social media users said they were worn out by the number of political posts they saw on social platforms, up from 46% of respondents in 2019 and 37% during the 2016 US presidential election. Meanwhi...

Research from Principal Financial Group ® released today indicates higher stress levels and less holiday spending among U.S. consumers as many continue to navigate the economic impacts of COVID-19. For those who are planning to spend, a majority will do so online and are decreasing expenses on travel, dining out, and entertainment. “2020 was a challenging year for many individuals, families, and businesses, and it’s not surprising that many are having to change their typical holiday spending habits,” said Sri Reddy, senior vice president, Retirement and Income Solutions at Principal ®...

Portland’s Benson Hotel will close temporarily, as occupancy plummets Updated Dec 15, 2020; Facebook Share One of Portland’s most storied hotels is closing its doors for the winter. The Benson Hotel in downtown Portland announced Tuesday that it will shut down through the rest of December and all of January, due to a severe drop in reservations caused by the coronavirus pandemic. George Schweitzer, managing director of the Benson, said occupancy levels have dropped below 10% in December, after hovering below 20% for much of the year. “It makes more sense to close than to try to stay o...

"Starting in kind of March of this year, when everything broke out with Covid … You had the market surging, but the real economy was tanking. People were just asking a lot of questions." Bloom, currently a VP at Altamont Capital Partners based in the San Francisco Bay Area, understood why people were nervous, but couldn't see why such smart people were unable to apply the concepts they were taught in their everyday lives. Determined to demystify these concepts, Bloom started digging into the financial education system. "What I found was a system that is set up to protect the insiders, in my...