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.
The United States ranks below many industrialized nations when it comes to ridership on its passenger rail, but investment in U.S. rail is picking up.
At its height, Skype – a telecommunications app founded by Scandinavian entrepreneurs Niklas Zennström and Janus Friis, and Estonian engineers Ahti Heinla, Priit Kasesalu, Jaan Tallinn and Toivo Annus – had 560 million registered users.
It took seven years for Tim Cook to visit India again after traveling to the fast-growing country in 2016. Last April, the Apple CEO visited New Delhi and Mumbai to open two flagship stores, one in each city.
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