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How Phone Scammers Tricked Americans Out of Nearly $40 Billion In 2022

 

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.

The European Aviation Industry’s New Cybersecurity Rules | Tech News Briefing Podcast | WSJ

 

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.

The Fed Is In the Red. Here's Why. | WSJ

 

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.

Who Can Defeat Inflation?

 

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

Elon Musk Buys Twitter: A Timeline of the $44 Billion Battle | WSJ

 

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.

The Secrets Of NYC's Fake Buildings - Cheddar

 

Why does New York City have so many fake buildings? What’s their purpose? We looked into it.

Can scientists develop a coffee bean more resistant to climate change? -Financial Times

 

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.

Why New Jersey Doesn’t Let People Pump Their Own Gas -CNBC

 

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.

How The War On Shadows Shapes Our Cities - Cheddar Explains

 

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?

How Lululemon Dominates High End Active Wear -CNBC

 

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.

How Starbucks Beat The Odds In Italy -CNBC

 

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.

How Snap’s Stock, Once Up 700%, Plummeted in 2022 | What Went Wrong | WSJ

 

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.

The Big, Secretive Business Of Amazon’s 100+ Private-Label Brands -CNBC

 

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.

Is buy now, pay later a sustainable business model? -Financial Times

 

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?

How Spirit Halloween Ressurects Abandoned Real Estate Every Fall | The Economics Of | WSJ

 

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.

Why Europe Faces An Air Conditioning Problem After Its Red-Hot Summer -CNBC

 

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.

How Derivatives Ravaged the U.K. Bond Market | WSJ

 

Turmoil in the U.K. bond market created a feedback loop that left investors like pension funds short on cash and rippled out into other markets. WSJ’s Chelsey Dulaney explains the type of investment at the heart of the crisis.

How Air Cargo Kept American Airlines And Others Afloat During The Pandemic -CNBC

 

When the pandemic hit in early 2020, air travel came to a near halt. By April, more than half of the world’s passenger jets were parked. Those 16,000 planes also carry roughly half of the world’s air cargo, over 52 million metric tons of goods every year.

Elasticity: The Economic Concept Behind How Companies Price Products | The Price Index | WSJ

 

The economic concept is key to understanding how companies price their products. Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflection point.

How Netflix Lost Its Edge To Disney+ -CNBC

 

Over the past 25 years, Netflix revolutionized the film and television industry. The company amassed over 220 million subscribers across 190 countries.