Quartz
Quartz (qz.com) is a global digital-only business news publication. It is owned by Atlantic Media Co., the publisher of The Atlantic, National Journal, and Government Executive. Its team of 150 staff members was pulled together from prominent brands in business journalism: Bloomberg, The Wall Street Journal, The Economist, and The New York Times." The four initial sponsors of Quartz were Boeing, Chevron, Cadillac, and Credit Suisse. Quartz's core market is global business people, with its focus on international markets. Its news articles cover global economy news, ranging from geo-political conflicts to policies and regulations.
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In a speech on Dec. 1, president-elect Biden spoke about the need to “address the structural inequities in our economy that this pandemic has laid bare” and referred to the “K-shaped” economic recovery, where the letter’s two diverging strokes depict two different economic outcomes facing Americans. The haves and the have-nots.
While the recovery from the pandemic may be the first time the population at large will experience a bifurcated economy, data and research show that some Millennials have been living in a K-shaped economy their entire professional lives. Some Millennials have been able to graduate from college, build their careers, purchase homes, and save for retirement. However, many are struggling due to rising tuition fees, higher costs of living, stagnant wages, and mass layoffs in industries like hospitality.