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In 2021, officials thought that high inflation would be temporary. But a year later, it was still near a four-decade high. WSJ’s Jon Hilsenrath explains three factors that have kept inflation up for longer than expected.
Long Covid is not just changing the lives of those affected, but it is proving to have a significant impact on the American labor force and economy. About a quarter of the roughly 16.3 million working-age Americans currently suffering from long Covid
After two years of a chip shortage, we are now finding ourselves in a chip glut. What does a deepening oversupply of semiconductors mean for the industry? WSJ explains what led to this point.
Tankers carrying liquefied natural gas are floating off Europe's coast, waiting for the price of the fuel to rise. WSJ explains how the tankers are Europe’s attempt to address the energy shortage and what it might mean for the continent this
Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year.
Europe has expanded its cybersecurity rules around airline flight safety. And for the first time, the requirements cover a range of companies in the aviation supply chain.
Normally the Federal Reserve makes a profit from its balance sheet, but with higher interest rates it is now in the red. WSJ explains how the Federal Reserve makes money, what it does with it, and what happens now.
Americans look to the country’s most powerful bank, the Federal Reserve, to combat inflation. But the Federal Reserve does not have to take on the battle alone. Fiscal policy enacted by Congress and power wielded by big business can help fight rising cost
Musk made a bid for the company in April, then tried to abandon the deal in July. Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform.
Why does New York City have so many fake buildings? What’s their purpose? We looked into it.
One of world’s favourite drinks is under threat from global warming. The world’s top coffee producing nations all lie at similar tropical latitudes, where even small rises in temperature are forecast to have severe consequences for people and agriculture.
New Jersey is the only state in the U.S. that doesn’t allow customers to pump their own gas — anywhere. There’s always an attendant on duty to pump gas for customers at these full-service stations.
The war on skyscraper shadows has been passionately waged for years. Between light and shade, their significance is intensely debated. But in the shades of gray, what else are we losing in our cities?
What began as a small Canadian yoga wear company for women, is today a multibillion-dollar activewear brand with 600 stores in the U.S. and Europe, and a diversified portfolio extending into menswear, an at-home fitness program, Mirror, and footwear.
In 2018, Starbucks opened its first store in Italy, a 25,000-square-foot roastery in Milan. Despite being inspired by Italian coffeehouse culture, the American chain faced resistance when entering the country.
Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts.
Amazon has 118+ private label brands, some that carry the Amazon name and others cleverly disguised without it. And it’s been accused of using its data prowess to make nearly identical versions of bestselling brand-name items.
Pandemic lockdowns accelerated the already growing popularity of buy now pay later transactions. But for the operators behind these transactions, margins are wafer thin. So how sustainable is the business model?
Each fall, there’s one store that suddenly seems to be just about everywhere: Spirit Halloween. The brand taps into the $10 billion Halloween industry by setting up shop in otherwise vacant real estate for three months each year.
Europe is facing a tough winter, as inflation and energy prices continue to rise. The continent also faces tough decisions following its scorching hot summer.
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"To succeed in life, you need three things: a wishbone, a backbone and a funnybone." – Reba McEntire
Continuing our global journey to learn something new, our next stop is the Trevi Fountain in Rome. The name "Trevi" comes from the Italian words tre, meaning "three", and vie, meaning "roads". The fountain is located where three roads meet.
A fountain has been located at the Trevi Fountain site for over 2,000 years. The current fountain was designed by Nicola Salvi and built between 1732 and 1762. It's the largest Baroque fountain in Rome.
The Trevi Fountain's water comes from the Acqua Virgo aqueduct, the only functioning aqueduct from ancient Rome. Local lore says that throwing a coin into the fountain will ensure you return to Rome. Other lore says that throwing two coins will lead to love, and throwing three coins will lead to marriage.
Wishes aside, since 2006, a Roman Catholic charity called Caritas has collected the roughly €3,000 a day thrown into the fountain and used it to provide food and social programs worldwide.
Life is one sweet ride. Time flies way too fast. Take a moment. Sit at your favorite place. Imagine the history before you. Live each moment as it was your last. One day, it will be.
Unlocking Shopper Reactions to Secured Products
60% of shoppers report seeing locked-up merchandise on a regular basis. More than a quarter of shoppers say a retailer loses their purchase when items are locked up. 62% of shoppers say they typically wait for assistance when they encounter locked up merchandise, and 9% say they order the item online from that same retailer. - From Numerator.com Read more
Retail Media: An Evolving Growth Opportunity that Won't Wait
Retail media is still surging. Ad spending with US retailers is growing 9X faster than traditional point-of-sale shopper marketing. - From Bain & Company
Why EV Leases Are So Cheap Right Now In The U.S. -CNBC
Automakers are offering steep discounts on electric vehicles, and especially on leases. In the first three months of 2024, less than a quarter of car buyers leased vehicles, but more than a third of EV buyers did. Read more
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