Why shoppers are finding many products in such short supply
CBSN
By now you've probably noticed empty shelves or delivery delays for everything from trucks and toilet paper to toys and smartphones. Even supermarkets, restaurants and school cafeterias are missing shipments.
One reason? A labor shortage along the supply chain, the shorthand term for a series of steps that goods make from farm and factory to store shelves or your door. Simply put, there aren't enough workers to process, move, sell and deliver all the goods coming into U.S. ports across the country fast enough. A national shortage of truck drivers is also making it harder for goods to quickly reach warehouses, which themselves are understaffed.
The upshot for consumers: It's taking longer to get items on store shelves or on your doorstep. Much of the problem stems from the sudden shift in Americans' buying habits during the pandemic, said JPMorgan Chase's Michael Cembalest in a podcast accompanying a report titled "Dude, where's my stuff?"
A cybercriminal group claims it stole personal data belonging to more than 500 million Ticketmaster customers. Although the event ticketing service, owned by Live Nation Entertainment, hasn't confirmed the attack, security experts warn that it could put users of the platform at risk for a range of scams.
Two climbers were waiting to be rescued near the peak of Denali, a colossal mountain that towers over miles of vast tundra in southern Alaska, officials said Wednesday. Originally part of a three-person team that became stranded near the top of the mountain, the climbers put out a distress call more than 30 hours earlier suggesting they were hypothermic and unable to descend on their own, according to the National Park Service.
There's no making up for what Olympic hurdler Lashinda Demus lost on the day she finished .07 seconds behind a Russian opponent who, everyone later learned, was doping. What the American 400-meter hurdles champion will finally receive is a great day under the Eiffel Tower where she'll be presented with the gold medal she was denied 12 years ago at the London Olympics.