Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
The east coast and west coast have long had a rivalry, but their diverging responses to economic reopening are painting a new chapter: New York City is reviving fast and San Francisco and Silicon Valley are asleep.
reported, citing data from property data company VTS. Demand in San Francisco, however, is just 68% of its pre-pandemic average, signaling the tech sector's relaxed stance on telecommuting places a major drag on the city's office market.Dealmaker dinners are back, and interns are ready to hit up the bars. Wall Street's appetite is returning, and New York City restaurants are gearing up for a rush.
More broadly, the two cities' approaches could be fueling vastly different labor-market recoveries. New York had recovered 45% of its lost jobs by the end of June despite suffering the most at the start of the pandemic, Oxford Economics said in a note. By comparison, San Francisco only recouped 28% of its lost payrolls.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The idea of a 4-day workweek is more popular than ever. Here's why it's unlikely to come to Wall Street anytime soonThe push for a four-day workweek has gained momentum during the coronavirus pandemic, but a shorter workweek may not resonate on Wall Street.
Consulte Mais informação »
28 Pieces of Wall Art From Asian and Asian American ArtistsIllustrations, photographs, and paintings for every budget.
Consulte Mais informação »
Street Style in Sync: The Best Matching Looks of SummerAcross the shows of summer, these are the best BFF looks.
Consulte Mais informação »
Stacey Solomon completes baby's nursery makeover with a stunning flower wallMum of three boys Stacey Solomon is expecting her first baby baby girl, and has gone all-out creating a feminine space with fake pink and white flowers for her new arrival. She has covered an entire wall with fake flowers in shades of pink and white
Consulte Mais informação »
UK PM Johnson worried about his dog's 'romantic urges' in Downing StreetWATCH: ‘My dog is endlessly at people's legs,’ British Prime Minister Boris Johnson told a police dog handler as interior minister Priti Patel chuckled
Consulte Mais informação »
New Orleans shooting on Bourbon Street leaves 5 wounded; video shows crowd fleeing gunfireDisturbing video from New Orleans early Sunday shows crowds fleeing gunfire on Bourbon Street.
Consulte Mais informação »