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Facebook changed its name to Meta in October 2021 and CEO Mark Zuckerberg used the occasion to show the world his vision of a digital future of work and play accessible through a VR headset.
While many U.S. malls face anchor store closures and empty parking lots, some are finding new life by becoming housing. Real estate developers are building housing inside of or next to shopping malls as department stores like Macy’s, JCPenney and Sears.
CNBC examines China’s rapidly growing automotive industry, focusing on its technological advancements, increasing exports, and a lack of interest in American car brands.
American Airlines created the first major airline loyalty program in 1981 as a way to compete for customers post-deregulation. But today these programs are the industry norm.
Americans spent more than $17 billion on iced coffee, cold brew and frozen coffee drinks in 2023, which is doubled the amount spent in 2016.
The number of U.S. farms and what they grow for human consumption have been on a decline for decades.
As companies navigate a politically charged climate in 2024, many are scaling back their DEI initiatives.
Captchas, the online tests designed to tell if you’re robot or human, have been getting harder.
Nonalcoholic beer is one of the fastest growing segments of the beer industry, and Athletic Brewing is on top. So far in 2024, Athletic has outsold its nonalcoholic beer competitors including Heineken, Budweiser, Guinness and Corona in the U.S.
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.
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“Every gift is a little piece of Santa.” – LovetoKnow.com
Continuing our journey to learn something new, in the spirit of the holiday season, we travel to Cologne Germany for fun facts about Santa Claus. His real name is Saint Nicholas, a bishop in the 4th century who lived in what is now Turkey. Saint Nicholas was known for his generosity and kindness, and legends say he performed miracles for the poor and unhappy.
The name Santa Claus comes from the Dutch nickname Sinter Klaas, which is short for Sint Nikolaas, the Dutch name for Saint Nicholas. The Dutch brought the name to America in the 17th century, where it was anglicized to Santa Claus.
No, Coca Cola did not invent the image of Santa Claus. The modern image of Santa Claus is largely due to the work of German-born artist Tom Nast. Nast's cartoon of Santa Claus arriving at a Union Army camp by sleigh during the Civil War helped establish the modern image of Santa.
If you write to Santa in the United States, all letters to Santa Claus, Indiana. Closer to the North Pole, there is an even more popular Santa Claus village in Finland which since 1985 has received over 18 million letters from 199 countries. You can mail your Santa Claus letters to:
Santa Claus’ Main Post office
Santa Claus Village Rovaniemi
Tähtikuja 1
96930 Arctic Circle
Finland
This picture which was taken at the Christmas Market in Cologne Germany is a reminder of why this is my favorite time of the year. The colors, the lights, the smiles, the anticipation in the eyes of every child, the musical tidings, family gatherings, the end of another year, and the possibilities of the new year.
If you immerse yourself in the positive messages of the holiday season, HOPE for a brighter tomorrow naturally emerges, and that my friends and family, is the true spirit of the holiday season. You see every gift is indeed a little bit of Santa.
Merry Christmas and Happy New Year.
European Non-Grocery Retail: Transition and Transformation
After an unpredictable several years, non-grocery retailers in Europe are seeking to uncover pockets of growth. To succeed, they will need to navigate differences across markets and retail categories. - From McKinsey Read more
Gen Z to Lead the Shopping Charge this Holiday Season
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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