The solar eclipse economy is outshining Aprils past

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4.5 • 1.4K Ratings

🗓️ 8 April 2024

⏱️ 1 minutes

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Summary

A slow period for tourism has gotten an eclipse boost; salvage crews begin removing containers off ship that crashed into Baltimore bridge; Biden administration is canceling accrued interest on student loan debt; Commerce Department to provide $6.6 billion to TSMC to build chip manufacturing hub in Phoenix.

Transcript

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0:00.0	The Solar Eclipse Economy is outshining April's past.
0:06.3	I'm Novasava with a marketplace minute.
0:08.6	Usually this is a slow period for tourism in many parts of the country now inundated with visitors.
0:13.2	Airbnb says occupancy for listings along today's eclipse path are around 90%.
0:18.6	Hotel room prices around Niagara Falls have more than tripled.
0:21.7	Hurt says car rental bookings are up 3,000 percent.
0:25.6	In Baltimore, salvage crews have begun moving containers off the cargo ship that crashed into the key
0:30.1	bridge.
0:31.1	Vessel access to the city's port remains limited to temporary channels.
0:35.8	The Biden administration is cancelling a crude interest on student loan debt for millions
0:39.8	of borrowers.
0:41.2	Many owe more than what they originally borrowed despite years of payments.
0:46.2	The Commerce Department struck a deal with South Korean chipmaker T-SMC to expand its plans
0:51.0	in Phoenix.
0:52.4	The company will now build yet another chip manufacturing
0:54.9	plant there. The U.S. is offering six and a half billion dollars. T.S. M.C. has pledged
0:59.6	65 billion. I'm Novasafo with a marketplace minute.

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