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In 2023, 40% of Americans said they don't make New Year's money resolutions and 68% said they have no written financial plan at any point in the year.
The technology behind generative AI like ChatGPT has exploded, fueling a demand for chips that can handle the complex processing power these programs need. Big tech companies Microsoft, Amazon and Google are all designing their own chips.
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead.
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead.
For 60 years, Pop-Tarts has endured wars, natural disasters, health-conscious movements and recessions.
American CEOs are leaving their posts in record numbers in 2023. While the "Great Resignation" may be over, it's just beginning for CEOs, according to research by Challenger, Gray and Christmas.
Thieves are stealing Apple iPhones, passcodes and thousands of dollars from their victims’ bank accounts. WSJ’s Joanna Stern sat down with a convicted thief in a high-security prison to find how and how you can protect yourself.
The low-cost business model was first implemented by Pacific Southwest Airlines in 1949 and perfected by Southwest Airlines in the early 1970s. It’s since expanded around the world.
As artificial intelligence advances and earns more investments, it poses an even bigger threat to all kinds of workers.
A car loses about 10% of its value as soon as it's driven off the lot. And within the first three years, that number goes up to 50%.
Semiconductors represent a $574 trillion industry globally and are on pace to cross the trillion-dollar mark by the end of the decade. The industry has been caught in the crosshairs between the U.S. and China, two of the world's largest economies.
As autonomous driving technology becomes more mainstream, automakers like Waymo and Geely are beginning to make crucial decisions about what their next generation of vehicles will look like.
Federal Reserve leaders warned of monetary policy's "long and variable" lags numerous times in 2023. This term refers to the unpredictable speed at which interest rate changes can affect the economy.
Used EV prices are falling. Studies show that used EV prices fell somewhere around 30 percent in September and October 2023 from the same period in 2022.
Amazon, Walmart and Target are investing big in new processes to cut down delivery time. Each company has developed its own strategies for faster shipping, but how do customers know which option to use to ensure they get their products quickly?
Keurig Dr Pepper is the biggest player in the coffee pod market in the United States with domestic sales estimated to be three times that of its biggest competitor, Nestlé’s Nespresso. However, over the past decade, Nespresso has been steadily gaining
Tipping in the United States is on the rise and experts are calling it tipflation. The pressure to tip well in front of the tip receiver, before a service is completed, or in front of other customers makes a difference for many.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry.
Los Angeles County has more public DC fast chargers for EVs than any other city in the U.S. The majority of non-Tesla electric vehicles have a CCS port that works at these charging stations as well.
Target uses its almost 2,000 stores to deliver 95% of its online orders. Now it’s ramping up its shipping speed by investing $100 million in local sortation centers to keep up with companies with strong e-commerce like Amazon and Walmart.
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
What matters to Today’s Consumer: 2024 consumer behavior tracker for the consumer and retail industries
This report is the third in our annual research series that examines evolving consumer behaviors. This year, we find that many of the behaviors we noted in our 2023 report have persisted, with consumers continuing to express concern about their personal financial situations amid rising inflation. However, this concern has dropped significantly in the past twelve months as just 43% of consumers worry their personal finances will worsen over the next 6–9 months, compared with 80% who were concerned that they would worsen in the equivalent period last year. - From Cap Gemini Read more
52% of consumers are extremely concerned about their personal finances compared to 61% last year. 43% of consumers fear their personal finances will worsen in the next 6-9 months, far below the 80% last year. One in five consumers has already used generative AI in shopping. - From Cap Gemini
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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