Middle Class Job Market Shrinking Due to Dwindling Public Sector

Factory towns, like Oklahoma City, have been suffering a great loss of middle-income jobs, influencing its political picture and policies on tariffs and immigration. This loss and disappearance of middle-class jobs could be attributed to not only globalization and automation but also the dwindling of the public sector in general. Middle-class jobs have been the comfortable option for many Americans in the past, including being a teacher, firefighter, bus driver, etc. However, the provision of these jobs was deeply dependent on the public sector, as it worked towards ensuring the…

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IRS Server Crashes, Have you Filed Your Taxes yet?

The actual deadline to file tax forms was April 17, Tuesday. However, an extension has been announced by the Internal Revenue Service (IRS). This leniency is because of the complications that the IRS server has encountered. Before the server recovered at five past five on Tuesday evening, many taxpayers have observed an error on the webpage. Apparently, the page that allows taxpayers to pay through their bank accounts have crashed, as told by CNBC. To be exact, the web pages that were affected were the “Direct Pay” and the “Payment…

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Sun Country leaves passengers stranded in Mexico

While Summer is fast approaching, the actual climate has not reflected the expected temperature of the seasons this year. Just this weekend, Minnesota has experienced a severe snowstorm, which resulted in the cancellation of all the flights scheduled on Saturday evening. There was a total of about 700 flights that were affected over the weekend. The occurrence of a blizzard in April is, nonetheless, odd. Unfortunately for some, this means that those who were scheduled to arrive at Minneapolis/St. Paul International Airport will not be able to do so. This…

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Has Elon Musk finally fessed up to his mistakes?

Tesla Inc. has recently faced an abundance of problems in its production. Just two months ago in February, the company had opted to bring to halt the Tesla Model 3 production line at its Fremont, California plant for a costly four days. Then, on Monday, the company has once again, announced its brief suspension of the Tesla Model 3 assembly line, as reported by Reuters. The company has used the phrase “planned production pause” in its announcement on Monday. What exactly is the issue amidst the production of Tesla Model 3…

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Netflix; Why Do We Love it?

Netflix is doing really well in every aspect recently. To begin with, the shares of the company has vastly increased by over 22% in the past three months. The company’s net income went from $178 million to $290 million. Staying true to its forecasts, its revenue has increased by 43% to $3.6 billion. Netflix is definitely one of the most successful video streaming services that have ever been produced. This is apparent from the increase in the number of premium subscribers following an increase in its monthly fee in the…

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