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Bethlehem, Pennsylvania is well acquainted with the struggles brought on by deindustrialization. The city was once home to America's second-largest steel producer, but its citizens struggled for decades with declining steel employment, before Bethlehem Steel went bankrupt altogether in the early 1990s.

But as the New York Times reports, the city as become a poster child in recent years for the new, e-commerce economy. Its proximity to New York and Philadelphia and its large pool of less expensive labor have made it an appealing place for online retailers to locate their warehouses and fulfillment centers.

Why it matters: Some economists argue that when you account for fulfillment center jobs, the retail industry is actually adding jobs, and that these positions pay better than those in brick-and-mortar stores.

Go deeper

Nathan Bomey, author of Closer
Updated 1 hour ago - Economy & Business

Tacos and chill: Fast food adopts subscription models

Taco Bell launched a $10-per-month taco subscription. Photo: Nikolas Kokovlis/NurPhoto via Getty Images

The subscription economy is expanding into the drive-thru lane.

Why it matters: Subscriptions offer a source of dependable revenue, loyalty and data — the same elixir that fuels streaming services like Netflix and exercise powerhouses like Peloton.

Updated 2 hours ago - Politics & Policy

Omicron dashboard

Illustration: Sarah Grillo/Axios

  1. Health: At-home COVID test prices rise at Walmart and Kroger — Much of America isn't tracking at-home COVID test results — Protection from prior infection significantly reduced against Omicron.
  2. Vaccines: CDC backs moving Moderna booster wait time to 5 months after vaccine — Supreme Court seems skeptical of Biden's vaccine mandates — Rapid nasal COVID tests feared to be returning false negatives.
  3. Politics: U.S. agrees to keep soldiers on base amid COVID surge in Japan — Lawyers arguing against Biden vaccine mandates test positive for COVID — The fate of Biden's vaccine mandates is in the Supreme Court's hands.
  4. States: New Jersey deploys National Guard to nursing homes as COVID surges — Omicron threatens New Year's gym surge — Federal court denies Oklahoma's attempt to block Pentagon vaccine mandate.
  5. Variant tracker

Wisconsin GOP Sen. Ron Johnson to run for re-election

Photo: Alex Brandon-Pool/AFP via Getty Images

Sen. Ron Johnson (R-Wis.) announced Sunday he will seek re-election, after initially mulling over whether to retire at the end of his second term.

Why it matters: Johnson, 66, had previously said he would only serve two terms. His decision to seek re-election comes as Republicans eye control of the Senate in 2023. Senate Minority Whip John Thune, who had also considered retiring, announced Saturday that he will run again.