In this new age of social distancing, a relic of the past is making a comeback. Drive-in movie theaters have seen an influx of business amid the coronavirus. There are 305 drive-in theaters across the country and even with restrictions from local governments closing nonessential businesses, about 8% of drive-ins have been able to stay open.
John Vincent, President of the United Drive-in Theatre Owner Association talked to Cheddar about social distancing measures drive-ins are taking. “We are going to have to make sure we have space in between cars, at least initially, this summer” said Vincent, noting that social distancing policies could be eased later on.
While drive-ins have seen success recently, the need for new movies is an on-going effort. Major Hollywood productions have been halted due to the pandemic, but Vincent said, “Drive-in’s have historically been able to do well with retro movies,” name Grease, Jaws, and Goonies as a few popular titles.
Although the popularity of these drive-in theaters has grown since the pandemic, Vincent is confident the high demand will remain once social distancing orders subside.
The continued resilience of the U.S. economy could require further interest rate increases, Federal Reserve Chair Jerome Powell said Friday in a closely watched speech that also highlighted the uncertain nature of the economic outlook.
As the Federal Reserve prepares to hold its annual economic conference in Jackson Hole on Friday and Saturday, its policymakers are trying to guide the U.S. economy toward something akin to what's happening in Jackson Hole.
Anyone in the U.S. who had an account at any time between May 24, 2007, and December 22, 2022, is eligible to receive a payment. The 2022 settlement resolves a lawsuit alleging that Facebook allowed millions of its users’ personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump’s 2016 presidential campaign.
