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In recent years, the city’s railyards have seen severe bottlenecks as the supply chain choked up nationally. With $3 trillion in goods traveling through Chicago every year, the city is the busiest rail hub in the U.S.
As China reopens after nearly three years of isolation, the U.S. and several other countries will require travelers to show a negative Covid test.
E-bikes are becoming increasingly popular in the U.S. and are even outpacing the electric and hybrid car sales. However, they're also more dangerous than traditional bicycles.
What stories should you be following in 2023? From India becoming the world’s most populous country, to an illegal drug that might be approved as a medicine, The Economist offers its annual look at the year ahead.
With assets totaling over $3 trillion, Bank of America is the second-largest bank in the U.S. behind J.P. Morgan Chase. Shares of the company have seen astonishing gains of over 290% in the last decade.
When members of the Federal Reserve make public statements, investors tend to listen. Over the past 2 decades, central bankers have consistently shared key information about the future trajectory of important inputs like interest rates.
The United States now has a skilled trade labor shortage of around 650,000 people, but among them it’s carpenters who top the list. Where have they all gone? We break it down to three reasons.
Lego fans and collectors are buying and selling the plastic toys for profit, and seeing better average returns than for many other assets like stocks, gold and art. Here’s how Lego investing works, and why this lesser known market punches above its weight
In 2021, a total of 1,093 motor vehicle recalls were submitted in the United States, according to the National Highway Traffic Safety Administration. That’s up 23% in just one year.
The tech sector has cut about 50,000 jobs in November. The recent headlines about tech layoffs don't seem to match broader economic indicators, which show a strong job market and a historically low unemployment rate.
Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared to a year prior - the largest annual increase since 1981. While wages are rising, they’re not keeping up with inflation.
The idea of a four-day or shorter workweek is gaining momentum worldwide — a big thanks to the remote work boom during the Covid-19 pandemic.
There’s a reason people refer to corn as yellow gold. In 2021, the United States’ corn crop was worth over $86 billion. According to the USDA, The U.S. is largest consumer, producer and exporter of corn in the world
U.S. gas prices have been up and down throughout the year and now more uncertainty is on the horizon as a European Union embargo on Russian oil imports kicks in along with a price cap on crude out of Russia. WSJ explains how these moves could impact price
The brainiacs at Adidas are coming up with all sorts of ways to improve ball design every time the FIFA World Cup comes around. In search of a truly perfect soccer ball, there’s another, entirely different reason we keep seeing a new ball every 4 years.
Undersea cables have been connecting the communication of the world since the Victorian era. Even today, submarine cables transmit 99% of the internet. But the world of undersea cables is vulnerable–so why do we still use them?
Call them what you want — lifestyle centers, suburban town centers, insta-cities. Found in suburban neighborhoods around our major cities, these compact outdoor malls are everywhere. But… why do they exist?
The metaverse could offer multi-trillion-dollar opportunities for businesses in the long term, with the potential to transform many aspects of daily life.
Chip giant Advanced Micro Devices made history this year when it surpassed Intel by market cap for the first time ever. Intel has long held the lead in the market for computer processors, but AMD’s been on the rise
Tech companies saw exceptional growth in both revenue and employee headcounts through the pandemic. But now, they’re cutting thousands of jobs. WSJ explains the macro and micro reasons for the industry’s massive layoffs.
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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.
World Happiness Report 2024
The top 10 countries have remained much the same since before COVID. Finland is still top, with Denmark now very close, and all five Nordic countries in the top 10. But in the next 10, there is more change, with the transition countries of Eastern Europe rising in happiness (especially Czechia, Lithuania and Slovenia). Partly for this reason the United States and Germany have fallen to 23 and 24 in the rankings. - A partnership of Gallup, the Oxford Wellbeing Research Centre, the UN Sustainable Development Solutions Network, and the WHR’s Editorial Board. Read more
ChatGPT Statistics - Users, Revenue (March 2024)
ChatGPT has over 180.5 million monthly users as of March 2024. Nearly 15% of the ChatGPT users are from the United States. More than 92% of Fortune 500 companies are using ChatGPT. atGPT is forecasted to generate a revenue of $1 billion in 2024. 53% of the readers failed to identify ChatGPT written content as AI-written. – From Demandsage.com
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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