promoearn: The Daily Money: Fewer jabs, fewer jobs

Friday, August 6, 2021

The Daily Money: Fewer jabs, fewer jobs

ALL THE MONEY NEWS YOU NEED TO KNOW

Friday, August 6

Good morning, it's Nathan here to say you've almost made it to the weekend!

✈ Spirit Airlines – which has long been known for keeping flight prices low by charging travelers for conveniences other airlines don't charge for – remains immersed in a debacle: a slew of canceled flights.

It started with bad weather in Dallas, but now it's continuing because the airline's crews are scattered throughout the U.S. and bumping up against flight-time limits.

Expect a large number of flights to be canceled over the next few days, as well, extending into early next week.

Customers are furious.

On to our ...

💡 INSIGHT OF THE DAY: The Biden administration on Thursday announced a goal of turning 50% of new-vehicle sales into electric vehicles by 2030. That would be significant. But even if it happens, it will still take a long time for gas cars to be gone. There are more than 276 million vehicles in the U.S., according to the Bureau of Transportation Statistics – and nearly all of them are powered by gas or diesel fuel.

📰 And here are more stories you won't want to miss:

1. Fewer jabs mean fewer jobs: States with fewer vaccinations and higher COVID infection rates are behind in growth this summer.

2. Back-to-school shopping is here: Check out these tips from our Kelly Tyko on how to avoid shortages. And did you know that 11 states have tax-free holidays this weekend on clothes and school supplies?

3. McDonald's was late to the chicken sandwich wars. But it's making up for lost time.

4. The owner of USA TODAY turned a profit in the second quarter: Gannett's revenue rose, too.

5. The meme stock revolution is filled with lessons for investors: Here are three to keep in mind.

6. The president of the AFL-CIO is dead: Richard Trumka is gone, the union announced Thursday.

I co-hosted an interview with Trumka on C-SPAN in March 2020 as the pandemic was erupting. He was outspoken about the need for front-line workers to get personal protective equipment at a time when many of us weren't paying attention. May he rest in peace.

--@NathanBomey