Nearly $36 billion has been lost to fraud in unemployment benefits in the U.S. during the COVID-19 pandemic. That’s more than what is usually paid out in an entire year. A Nigerian student openly admitted to scamming $50,000 from the US pandemic welfare system to date. He only had to make a list of real people and access their social security numbers and birthdates. Read full article here
Economics
Show off that you’re a small company
This article shows that size matters when it comes to choosing products – but it matters in different ways. If your product is low-tech, people will judge it as higher quality if it’s from a small company. If your product is high-tech, people will judge it as higher quality if it’s from a big company. So, when it comes to marketing your product, consider how your company size fits with the type of product you’re offering. Read full article here