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Fall semester brings no relief to struggling college towns and the businesses that rely on students

Freshman Sarah Anne Cook carries her belongings as she packs to leave campus following a cluster of COVID-19 cases at the University of North Carolina in Chapel Hill, North Carolina. <p class="copyright">AP Photo/Gerry Broome</p>
Freshman Sarah Anne Cook carries her belongings as she packs to leave campus following a cluster of COVID-19 cases at the University of North Carolina in Chapel Hill, North Carolina.
  • Businesses in college towns in the US are still reeling from the mass exodus of students that began in the spring and has now remained into the fall.

  • Many schools have adopted online-only approaches to learning or implemented a hybrid approach that brings only some students back to campus.

  • As their primary clientele — students, their families, and other members of university communities — diminishes, some business owners face a difficult decision: temporarily shut down again or close forever.

  • Visit Business Insider’s homepage for more stories.

For nearly a decade, Chris Carini has owned Linda’s Bar & Grill in Chapel Hill, North Carolina. The restaurant has been serving the college town for nearly five times as long.

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Many small businesses rely on the US Postal Service to compete, stay afloat

An attack on the U.S. Postal Service is an attack on America’s small businesses.

cuts made to the agency by President Donald Trump-appointee Postmaster General Louis DeJoy has focused on potential effects on the upcoming election, it’s important to note the effect these reductions will have on the health of our country’s small businesses.” data-reactid=”27″While media attention on cuts made to the agency by President Donald Trump-appointee Postmaster General Louis DeJoy has focused on potential effects on the upcoming election, it’s important to note the effect these reductions will have on the health of our country’s small businesses.

overwhelmingly depend on the Postal Service for their shipping, and in a world of online shopping, intensified by the pandemic, the USPS is even more important for small businesses. Indeed, many small businesses would go out of business if it weren’t for USPS.” data-reactid=”28″Small businesses overwhelmingly depend on the

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Many small business rely on the US Postal Service to compete, stay afloat

An attack on the U.S. Postal Service is an attack on America’s small businesses.

cuts made to the agency by President Donald Trump-appointee Postmaster General Louis DeJoy has focused on potential effects on the upcoming election, it’s important to note the effect these reductions will have on the health of our country’s small businesses.” data-reactid=”27″While media attention on cuts made to the agency by President Donald Trump-appointee Postmaster General Louis DeJoy has focused on potential effects on the upcoming election, it’s important to note the effect these reductions will have on the health of our country’s small businesses.

overwhelmingly depend on the Postal Service for their shipping, and in a world of online shopping, intensified by the pandemic, the USPS is even more important for small businesses. Indeed, many small businesses would go out of business if it weren’t for USPS.” data-reactid=”28″Small businesses overwhelmingly depend on the

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Small businesses rely on the Postal Service to survive the pandemic. Delays put them in peril.

Beth Nolan’s shipping costs have doubled over the past six weeks. Her company has spent so much to make up for the U.S. Postal Service’s delays that she said she had to recently lay off an employee, while another worker turned the wall of her kitchen into a giant calendar filled with notes about mail routes and the status of packages.

Nolan’s small company operates outside of Grand Rapids, Michigan, and helps train nurses who take care of dementia patients. Forced to pivot her business online, her company now ships their materials to nursing homes across the country to help health care workers fulfill state requirements and continue their education.

But the accompanying materials, necessary for these nurses to remain in compliance, have to be sent through the mail and are often arriving five to seven days later than expected — or longer. Nolan said these delays came as her

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This demographic tends to rely on news to make money decisions

Older Americans are putting overwhelming faith in news to inform their financial decisions as compared to the younger generation, according to the first installment of the new Yahoo Finance-Harris poll.

Eighty-one percent of people ages 55 years and older say their money and investment decisions are influenced by the coverage of current events. Only 25% of people between 18 and 34 years old use the news as an information source for their financial decisions.

Shocked frustrated senior mature man taking off glasses to look at laptop reading shocking online news at home, stressed worried middle aged old male confused by bad email news or computer problem

The results stem from a poll of 2,033 respondents, conducted from June 15 to 17. Yahoo Finance has teamed up with Harris to produce monthly insights on consumer and workplace trends

Fifty-five percent of U.S. adults get their news from social media, according

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