Over $9 trillion in wealth from American households have been simply wiped off by dropping stock prices which has piled on additional pressure on balance sheets and expenditure of families. According to Federal Reserve data, American holdings of corporate stocks… Read More ›
Sustainability
Mystery Leaks In Russian Gas PipelinesPrompt Warnings For Nord Stream
Three mysterious leaks in two significant gas pipelines connecting Russia and Europe are being investigated by European nations. Although sabotage has not been ruled out as a possibility, the cause of the damage to Nord Stream 1 and 2 is… Read More ›
For The First Time In Decades, China’s Growth Trails That Of Asia-Pacific, As The World Bank Lowers Its Outlook
According to World Bank predictions, Covid-zero policies and the housing market crisis have caused China’s economic growth to lag behind that of the rest of Asia-Pacific for the first time in more than 30 years. The US-based organization stated in… Read More ›
With Roblox Experiences Geared Toward Younger Customers, Walmart Enters The Metaverse
With two new experiences that go live on Roblox on Monday, Walmart is making its metaverse debut. A music festival with popular artists, a ton of different games, and a store of virtual goods, or “verch,” that mirrors what customers… Read More ›
The Second Amazon Prime Day Sale Will Happen On October 11 And 12
For the first time ever, Amazon will host two Prime Day-like deal bonanzas in one calendar year, which will happen next month. The “Prime Early Access Sale,” as the event is being dubbed by the company, will happen from October… Read More ›
Samsung Will Use Cashback Cards To Entice 175 Million Existing Indian Customers
According to a senior executive, Samsung Electronics is aiming to increase repeat purchases from its 175 million Indian customers through a new cashback credit card in an effort to increase sales in the crucial market where it was once the… Read More ›
McDonald’s Raises Prices In Japan Due To Rising Input Costs And A Declining Yen
Due to fluctuating exchange rates and rising input costs, Japan’s McDonald’s fast food restaurants will increase prices on about 60% of their menu items, the company announced on Monday. It is the company’s second round of price increases this year… Read More ›
According To Steve Hanke, The Likelihood Of A US Recession Has Increased To 80%
According to Steve Hanke, a professor of applied economics at Johns Hopkins University, there is an 80 per cent chance that the United States will experience a recession, which is significantly higher than previously anticipated. According to the September Fed… Read More ›
Microsoft Claims That Employers Believe Employees Work Less From Home
According to a significant new Microsoft survey, managers and employees have fundamentally different opinions about productivity when working from home. Bosses question whether remote work is equally productive as being in the office. While 87 per cent of employees believed that… Read More ›
UK Could Already Be In A Recession, Says Bank Of England
The Bank of England warned the UK may already be in a recession as interest rates increased from 1.75 per cent to 2.25 per cent, the highest level in 14 years. Previously, the central bank anticipated that the economy would… Read More ›