economy

  • Gas prices hit record highs

    Gas prices hit record highs

    Gas prices have increased over 30% in California in the past year, according to the United States Energy Information Administration. Throughout the 1990s until the early 2000s, gas remained at a stable price. However, in 2006, the cost of gas began rising rapidly, and now, 15 years later, the prices are higher than ever.…

  • Permanent housing facilities set to be built for the homeless

    Permanent housing facilities set to be built for the homeless

    On Oct. 28, the Thousand Oaks City Council voted to build a permanent housing shelter for the homeless population. The housing facility will be built at the Quality Inn on Conejo Road and is set to open early 2022. The project’s goal is to give the homeless a place to stay while also teaching…

  • Bitcoin paves the way for the cryptocurrency market

    Bitcoin paves the way for the cryptocurrency market

    Formed in 2008, Bitcoin has skyrocketed in value to around 64,000 dollars since crossing the one dollar and 1,000 dollar threshold in 2011 and 2013 respectively. Bitcoin, a form of digital currency, is a type of money that operates independently of the government. Bitcoin had a rocky start to success as many companies initially…

  • Labor shortages cause an economic crisis

    Labor shortages cause an economic crisis

    The labor shortage is an economic crisis that has risen exponentially during the pandemic. The “Wall Street Journal” states that there are millions of openings. “More than a year and a half into the pandemic, the U.S. is still missing around 4.3 million workers. That’s how much bigger the labor force would be if…

  • Amazon dominates the market

    The world wouldn’t be the same without two-day deliveries from almost everyone’s favorite online shopping site. Over the years, Amazon has acquired several other companies and recently, they even bought Whole Foods, a popular organic grocery store. Many don’t know of the long list of popular companies that now belong to Amazon. This list…

  • Veg(can’t): Reality hinders the idealistic vegan lifestyle

    If you have been on a social media platform or watched a popular Youtuber’s account recently, you have probably encountered some sort of promotion of veganism. Celebrities cutting animal products out of their lifestyle has been a huge trend, persuading others to join the cause. This influence has been very effective by portraying veganism as…