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Since the 1950s, the Volkswagen bus has been an iconic staple of American culture and after a 20-year hiatus, the minibus is making an electric comeback with the ID. Buzz.
Non-cash payments are on the rise all over the world. Our writers explain how digital technology has changed the way consumers shop in three important markets: America, China and India.
As more retail investors trade penny stocks, innocent traders may turn to victims. Penny stocks are more vulnerable to fraud and have a history of multi-million dollar scams.
The average American says they need to earn $233,000 a year to be financially comfortable. But in 2021, American workers on average made only $75,203 annually.
Airlines have been spending big to add more space and comfort to seats on board planes. According to AeroDynamic advisory, airplane seats were a $2.6 billion dollar market globally in 2022, almost half of $6.2 aircraft interiors market.
Elon Musk changed Twitter’s name to X in late July, marking a major change for the social media company. His fascination around ‘X’ dates back to 1999, when he envisioned X.com as a banking site.
The launch of Tesla’s Cybertruck is one of the most anticipated EV releases in history. With its cyberpunk-like design, Elon Musk’s vehicle is a radical departure from America’s long homogenous-looking pickup trucks, like Ford’s F-150.
Royal Caribbean’s Wonder of the Seas is the largest cruise ship in the world, coming in five times larger than the Titanic. Every time it docks at Florida’s Port Canaveral, weather conditions, vessel traffic and water depth make this process complicated.
Companies that make parts for internal combustion engines are facing a harsh future. Revenues for ICE cars, and fuel and exhaust systems are all expected to decline 44% through 2027.
Tech companies shed more than 386,000 jobs last year and in the first half of this year. And that number is climbing. But while layoffs have taxed workers, a booming artificial intelligence market is giving the industry a renewed sense of optimism.
For decades, the United States has been a leader in satellite navigation technology. The U.S. Global Positioning System, or GPS as most of us know it, was originally designed as a military tool, but has also become indispensable in the lives of civilians.
The U.S. economy still has a massive labor shortage. The American Health Association reports 600,000 nurses plan to leave the field by 2027. Even the construction industry will need another 540,000 workers on top of the normal pace of hiring.
The Federal Reserve is central to the U.S. economy today, and it’s controlled by just 12 people. Its monetary policies can lower inflation or even spark a recession.
Since the Environmental Protection Agency was founded in 1970, one of its primary tasks has been testing gas burning vehicles - both to see how much they pollute and to tell consumers how many miles per gallon they are liable to get in a car.
CNBC Marathon explores how the cellphone market is transforming. Made in China. It’s a common phrase known by many. Cellphones, TV screens & game consoles are just some of the millions of electronics manufactured and imported from China to the U.S. daily.
Employees are actually working fewer hours as hiring booms, which could be a sign of incoming layoffs and a possible recession. The current average number of hours worked a week by private-sector employees in jobs like construction, retail and more.
To keep up with Elon Musk’s Starlink and the U.S., China plans to launch thousands of broadband satellites into low-Earth orbit. Of the roughly 8,000 functioning satellites in orbit, about 55% belong to SpaceX’s Starlink.
Some U.S. mayors are loosening up rules that determine how developers convert office buildings into apartment complexes. The conversion trend sped up in the 2020s, as the pandemic remote work boom reshaped cities.
After the company’s collapse during the 2008 recession, Citi’s stock has continuously struggled. Shares of the company saw more than a 30% drop over the last 5 years.
Since its commercial success in the early 1900s, peanut butter has become a mainstay in American pantries. It is mainly due to its affordability, convenience and taste.
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Continuing our journey to learn something new, we next stop in Sydney Australia. The nickname of Sydney is Sin City which was the name given in the 20th century because of the crime rate and corruption.
Sydney officially became a city in 1842. It is situated at a similar latitude to Cape Town and Buenos Aires in the Southern Hemisphere and Casablanca, Los Angeles, and Beirut in the Northern Hemisphere.
Lots of cultures can be found in Sydney where there are more than 250 different languages spoken with English, Arabic, Cantonese, Mandarin, Greek, and Vietnamese being the main.
The steel and concrete Harbor Bridge, in addition to the Opera House in this picture are some of the highest recognized landmarks in the world. The Harbor Bridge is affectionally nicknamed as the Coat Hanger.
The Sydney Opera House was listed as a UNESCO World Heritage site in 2007. Queen Elisabeth II inaugurated its opening on October 20, 1973. The roof is made of 2,194 precast concrete sections which way up to 15 tons. Eight Boeing 747s could sit wing-to-wing on the site.
Sydney was another business stop to meet with the local sales teams and major retailers. Favorite places like Sydney are what inspires my multi-cultural approach to business and life. It is a big world out there. Take the time to dream, explore, and discover the possibilities of creating a life with no regrets. The world will not come to an end today as it is indeed already tomorrow in Australia.
Uncharted Territory: Global Economic Outlook 2025-2027 - 1H 2025
A decline to 2.3% global output growth is anticipated for this year and next, followed by a modest rebound to 2.9% in 2027. Our latest projections suggest 2025–2027 average growth of 2.5%, marking a decline from the 2.8% projected in January. - From Kearney Read more
The Highest Paying Industries in the United States (2025)
China Coffee Wars — Why Starbucks Is Losing The Battle With Luckin -CNBC
Despite adding around 1,500 new stores between 2022 and 2024, Starbucks’ revenue hasn't increased. Competition from chains like Luckin, Cotti and Manner have increased sharply in the years following the pandemic. Read more
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