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With increasingly high rental prices, insurance companies dropping coverage, and overly restrictive Homeowners Associations (HOAs), Americans face a multitude of challenges on the path to homeownership.
Toyota and Honda have been called boring brands – sometimes even by company insiders. But a combination of reliability, disciplined production and pricing help them hold their value better than just about any other brand.
As of June 2024, 65% of middle-class Americans say they are struggling financially and don’t expect their situation to improve for the rest of their lives.
Chinese companies are aggressively developing autonomous vehicles. In August, the country announced that it had issued 16,000 test licenses for driverless cars and opened around 20,000 miles of roads in China for autonomous vehicle testing.
Driverless cars are speeding onto America’s streets, but whether the public will trust robotaxis remains an open question. Nearly two-thirds of Americans said they would not want to ride in a driverless passenger vehicle if they had the opportunity.
Between 1979 and 2024, productivity in the U.S. soared by 80.9%, while hourly pay grew by just 29.4% during the same period. In June 2024, two-thirds of middle-income households reported that their income was falling behind the cost of living
For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. On October 10, the company plans to reveal a “dedicated robotaxi” design at an invitation-only event in Los Angeles
Automakers aren’t selling as many cars as they used to, and the EV transition is a lot rockier and slower than some expected. This means there’s a lot of factory space in North America and around the world that is sitting empty and unused.
Critics say the European Union’s provisional tariffs on Chinese EVs could raise prices, reduce choice and slow the pace with which the EU meets its climate change mitigation targets. Some European automakers, especially those from Germany, oppose them.
The Federal Reserve manages interest rates to influence financial conditions within the United States. But those decisions can also affect the posture of other central banks because many aspects of international finance rely on U.S. dollars.
For decades, Amazon has set the standard for fast package delivery. When Prime launched in 2005, two-day shipping was virtually unheard of. By March 2024, 60% of Prime items were delivered same or next day.
“Pig butchering” scams got its name from the idea that scammers “fatten up” victims by building trust, and the strategy has amassed billions in stolen funds—particularly in the form of cryptocurrencies.
North Carolina’s Research Triangle - the area between Chapel Hill, Raleigh and Durham - has become one of the country's fastest growing tech hubs largely thanks to its access to talent from some of the top universities in the country
After a staggeringly successful IPO, Rivian shares and market value have plummeted. With interest rates high and funding drying up, some analysts say the electric SUV and truck maker is potentially just a couple of programs away from bankruptcy.
Once a right of passage for most American families, theme parks like Disney World and Disneyland are quickly becoming out of reach for many middle class American families.
Buffering, error messages, dropped connections. In-flight Wi-Fi stinks. But that’s about to change thanks to new low-earth orbit satellite technology.
Ghost jobs are on the rise, even as the U.S. labor market appears healthy. While data suggests a tight job market, many workers still struggle to find employment, revealing a gap between statistics and reality.
Microsoft, Google and Amazon, along with other tech companies, have been getting creative in how they’re poaching talent from top artificial intelligence startups.
Mexico has quickly become a major market for Chinese auto makers. Last year, China was the leading car supplier to Mexico, exporting $4.6 billion worth of vehicles.
Google’s Gemini Live AI voice assistant on Android and Pixel 9 phones sounds almost human. Apple Siri and OpenAI’s ChatGPT have similar advanced voice capabilities on the way but if you have an Android phone, you can get the Gemini app now.
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“Our greatest glory is not in never falling, but in rising every time we fall.” – Confucius
Continuing our journey to learn something new, our next stop is the ancient business, political, and legal center of Athens known as the Agora where you will meet two wise men: Socrates and Confucius.
The monument was a gift from the Chinese government to celebrate 50 years of diplomatic relations between the two countries in 2021. These two wise men who actually lived in different centuries continue to inspire us today. Here are a few of my favorite quotes from both.
“The only true wisdom is in knowing you know nothing.” – Socrates
“It does not matter how slowly you go as long as you do not stop.” - Confucius
“Be kind, for everyone you meet is fighting a hard battle.” – Socrates
“Study the past, if you would divine the future.” - Confucius
“Strong minds discuss ideas, average minds discuss events, weak minds discuss people.” – Socrates
“Life is really simple, but we insist on making it complicated.” - Confucius
“Wonder is the beginning of wisdom.” – Socrates
“The secret of happiness, you see, is not found in seeking more, but in developing the capacity to enjoy less.” – Socrates
Life is one amazing ride. History can teach us lessons, but continuous exploration of new ideas is your secret weapon to fulfilling future success.
Feeding the Future: Transforming Fast-Moving Consumer Goods with Data Driven Intelligence
The grocery industry is experiencing a significant transformation driven by the adoption of AI, ML, and generative AI technologies. Grocery retailers utilizing AI/ML in demand intelligence, inventory management, and merchandise management see a 99% higher sales growth and a 75% higher profit growth compared to those who do not. - From the IHL Group Read more
Visualizing the Cost of the American Dream in 2024
While pandemic-led wage growth boosted real incomes, it followed five decades of stagnant wage increases. At the same time, housing prices have soared. Pushing up prices are a limited supply of homes, with home construction plummeting 55% compared to 2006. Together, these broad economic forces have made it harder to get ahead, even with a competitive salary. - From Visual Capitalist
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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