#FINANCIAL_LITERACY

...and who's down

Haven’t seen a Biscoff cookie since March… Instead of dropping dough on a Mykonos trip this summer, you were making sourdough starters. Hence: Delta’s passenger sales plunged 83% last quarter and it lost $5.4B (compared to a $1.5B profit for the same quarter last year). Delta avoided involuntary job cuts — but United and American are slashing 32K employees since federal aid expired. And stimulus help doesn’t look like it’s landing soon.

Waiting for the happy ending... AMC, the world's largest movie theater chain, said it'll run out of cash by late 2020 or early 2021 without financial rescuing. 83% of AMC's US theaters have reopened at limited capacity, but attendance is down ~85% from last year. To make a bad situation worse, studios have been delaying blockbuster debuts. Disney postponed almost all its movies slated for 2020 release, including Marvel's “Black Widow." Now AMC's focused on raising fresh cash to survive until things normalize.

• Thrive: How to achieve more by doing less better, according to ancient philosophy. Life isn't short, but we make it short by wasting time (deep).
• Relax: Why some people burn out and others don't — developing emotional intelligence is key to managing high stress.
• Eat: 10 things you never knew about eggs, and the elusive "sell by" date explained (they're good for 3 to 5 weeks after).
• Work: How new grads can create a 5-year career path that's recession-proof. Plans aren't important, but planning is key.
• Focus: Why "attention management" matters more than time management. Only 2% of people can effectively multitask.
• Live: The 4 biggest wastes of time we regret as we get older (besides endlessly scrolling funny cat videos).

 Thanks for Snacking with us!