The U.S. economy grew faster than previously reported in Q2 2024 as consumers spent more than expected on goods and services in the three months ended June 30. According to the Bureau of Economic Analysis’ second […]
With everything that’s going on in the world, be it the war in Ukraine, the violent response to Iran’s protest movement, or, more domestically, the inflation crisis and the looming recession, people would be […]
In another sign that consumers keep spending money, undeterred by inflation, Starbucks reported record sales for its fourth fiscal quarter that ended October 2. The world’s largest coffee chain that operates more than 35,000 stores around […]
Despite several studies finding that social media is rife with misinformation and widespread consensus that foreign actors tried to use social media to influence the past two U.S. presidential elections, Americans continue to rely heavily on […]
Ending a successful partnership dating back all the way to 2013, Adidas announced today that it’s cutting all ties with Kanye West, effective immediately. The move comes after a string of controversies culminating in […]
For large parts of the past two years, mortgage refinancing has been booming, as historically low mortgage rates and surging home prices created an opportunity for existing homeowners to save a lot of money […]
While baseball is often referred to as “America’s favorite pastime,” the NFL has long surpassed the MLB as the nation’s favorite professional sports league. For several reasons, including first and foremost its better suitability […]
While Wall Street celebrated the slight cooling of inflation in July, the latest reading won’t be enough to ease the financial pressure on millions of households in the United States in face of rising costs […]
With inflation at the highest level since 1981 and wages not keeping pace, many Americans are struggling to make ends meet. And while a fresh poll from Morning Consult and Yahoo Finance shows that two thirds of U.S. adults are […]
As summer solstice marks the official beginning of summer in the Northern hemisphere, holiday season is quickly approaching. After two summers with subdued travel due to Covid-19, a significant rebound in travel activity is […]
Everybody loves chocolate, right? Well, not everybody, at least not to the same degree. According to data from Statista’s Global Consumer Outlook, there’s a huge gulf in chocolate consumption around the world. You will find […]
TSA agents at U.S. airports make unusual finds every day but some truly stand out. The Transport Security Administration published its list of the most unusual items caught at U.S. airports last year, including a chainsaw, […]
As society is gradually moving away from pandemic restrictions and protective measures, companies in the United States and internationally are, some more gently than others, pushing for employees to return to offices. And […]
Despite the Fed’s most aggressive interest rate hike since 2000, consumer prices continued to surge in May, adding to fears that inflation may be out of control. According to the U.S. Bureau of Labor Statistics, […]
As prices for everyday purchases continue to surge in the United States, many families struggle to make ends meet. And even among those who manage to keep their standard of living and pay all […]
As inflation creeped up to the highest level in more than 40 years in recent months, the issue of rising costs of living has also climbed to the top of Americans’ mind. You […]
In response to June 10’s worse-than-expected inflation reading, which makes another drastic rate hike a foregone conclusion ahead of this week’s Fed meeting, stocks were getting hammered on Friday and Monday. The S&P 500 […]
Americans are plagued by inflation in many different way, but gas prices must be one of the worst headaches. The price of one gallon of regular reached a new all-time high for the fourth […]
When a federal court struck down the mask mandate in public transportation settings last month, the initial reaction was split. While many applauded the decision, happy that they could now travel without having to wear […]
Sales of new single-family houses dropped for the fourth consecutive month in the United States, as potential home buyers face a perfect storm of unfavorable conditions. According to figures jointly released by the U.S. Census Bureau […]
In face of the highest inflation in 40 years, the Federal Reserve announced another widely expected rate hike last Wednesday. The Federal Open Market Committee (FOMC) unanimously decided to raise the target range for the […]
Americans looking to buy a house are currently facing an almost perfect storm of unfavorable conditions. Not only is it hard to find a home, but it is also increasingly hard to afford one. Historically high […]
One of the factors identified by Netflix as a driver of its latest subscriber slowdown is the widespread practice of account sharing. In addition to 222 million paying households, Netflix estimates that more than […]
The Transport Security Administration stopped enforcing the Biden administration’s mask mandate on planes, trains and other forms of public transportation after a federal judge struck it down. In response to a complaint filed by the Health Freedom […]
While few industries have been spared by the impact of the COVID-19 pandemic, even fewer have been hit as hard as the tourism sector. As 2021 drew to a close with severe limitations to travel […]
Mortgage rates in the United States continued their steep climb last week, adding to the woes of would-be home buyers that are already facing historically high prices and steep competition in the tight housing market. According […]
After a federal court struck down the nationwide mask mandate on airports, planes and other forms of public transportation, it remains unclear how the decision will impact flight traffic in the United States. While […]
While Elon Musk’s public musings to take Tesla private in 2018 resulted in nothing more than a slap on the wrist courtesy of the SEC, his dogged determination in trying to acquire and subsequently “fix” Twitter […]
Despite being one of the most prominent users of the platform himself, Elon Musk has repeatedly voiced his discontent with Twitter’s handling of controversial posts, its algorithm and its practice of banning repeat offenders. In […]