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Mastercard is the second largest card network in the U.S., accounting for more than a quarter of all purchase volume using a payment card. As the world transitions to a more cashless society, Mastercard’s value has continued to soar.
About 90% of all credit card spending is on rewards cards like Delta SkyMiles, Chase Sapphire Preferred or American Express Platinum. And these cards are hugely popular for a reason: you can earn cash back, upgrades on flights and many other perks.
About 90% of all credit card spending is on rewards cards like Delta SkyMiles, Chase Sapphire Preferred or American Express Platinum. And these cards are hugely popular for a reason: you can earn cash back, upgrades on flights and many other perks.
Vinyl record sales hit $1.2 billion in 2022, outselling CDs for the first time since 1987. In today’s digital music era, streaming apps like Spotify and Apple Music offer listeners hundreds of millions of songs instantly through their phones.
Can a color really beat the AI revolution? For now, it looks like it can.
The financial revolution once promised by cryptocurrencies has been knocked off course by regulators and allegations of fraud. So what does the future hold for crypto?
Wall Street investors remain braced for a recession. But a turndown hasn't yet materialized, due to strong demand from U.S. consumers. Spending makes up roughly 68% of the U.S. economy.
Paypal is a powerhouse in the digital payment industry with a market valuation of over $84 billion. But the company’s stock performance has suffered immensely over the past few years.
U.S. airlines carried more than 470 million passenger bags in 2022. For decades most bags flew for free, but in recent years fees have surged, boosting the bottom line of the nation’s carriers.
In the flurry of papers that an employee receives during the onboarding process, there is one clause that could have a significant impact on their future career: the non-compete agreement.
Laredo, Texas, is primed to become one of the world’s most important supply chain hubs as companies around the world reduce their manufacturing reliance on factories in China and shift their production to Mexico.
Everything is more expensive. Overall consumer prices are about 13% higher than they were in April 2021 and Americans are feeling the pain. Inflation, or the rate prices are increasing in the general economy.
The rise in new generative artificial intelligence tools has the potential to rock industries staffed by white collar workers in the coming years.
The trillions in excess personal savings built up in the pandemic are beginning to vanish amid high inflation, according to Federal Reserve economists. The monthly saving rate fell to a 15-year low in 2022.
China has been the most populous country for more than two centuries – until this month. India's population may have surpassed China’s, a milestone that some believe heralds a new global order.
The United States is the only advanced economy that doesn’t guarantee workers paid time off. And nearly half of those who are offered paid vacations don’t take the days, even though roughly 80% of U.S. workers receive some sort of paid time off.
U.S. Customs & Border Protection gave CNBC exclusive access inside one of America’s largest ports where millions of dollars' worth of cargo was being detained while major companies scrambled to prove their supply chains are clean.
Right now, inflation is inescapable. At the grocery store, the gas station, and in almost every country in the world, people are paying more — way more — than they did just a couple of years ago for everything. In this video, we explore three explanation
Large language models are astonishingly good at understanding and producing language. But there’s an often overlooked bias toward languages that are already well-represented on the internet.
The Federal Reserve has a dual mandate to both promote maximum employment and keep prices stable. Yet, the central bank cannot influence employment directly and it is notoriously hard to measure.
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“Live your life as an Exclamation rather than an Explanation”– Isaac Newton
Let us travel to Cambridge University in the UK to learn something new about Isaac Newton. This English polymath actually has two birthdays. According to the modern Gregorian calendar, Newton was born on the 4th of January 1643. However, back in the 17th century when Newton was born, they still used the Julian calendar and the recorded date of this birth was Christmas Day 1642.
Newton was a preemie at birth and barely survived the first week. As a young student, he loved school and his favorite subject was Chemistry. As a later professor at Cambridge, Newton had a reputation for being reclusive and even a bit nasty, had few close friends, rarely spoke, and sometimes got so caught up with his work that he forgot to eat.
That eureka moment of an apple falling on Newton’s head is actually a legend. He merely observed it falling to the ground and wondered why it would fall to earth and not in some other direction.
We remember Newton for his work in physics, astronomy, and mathematics, but he was also interested in alchemy (turning lead into gold) and biblical chronology including predicting the end of the world. His predicted year was 2060.
Late in life, Newton took up the position at the royal mint in London, first as Warden and later as Master. He took his work seriously including chasing counterfeiters, several of whom ended up at the gallows.
This picture is in front of Isaac Newton’s office at Cambridge University with a descendant of the legendary apple tree in front. The opening quote to this summary is a powerful reminder to embrace life with curiosity and infectious enthusiasm. Stop justifying or explaining your choices to others. Find your authentic self and live a life with no regrets.
UK Retail Crime Survey 2025
Violence and abuse ballooned, rising by over 50% in the past year and 340% since 2020. Levels are now at over 2,000 incidents every single day, the highest rate ever recorded in our crime survey. The total cost of retail crime including crime prevention now sits at a colossal £4.2 billion, of which £2.2 billion is a direct result of customer theft. - From British Retail Consortium (BRC) Read more
50 Science Fiction Technologies and How Long They Took to Become Reality
List of 50 real-life technologies to showcase their journey from imaginative concept to tangible reality and explore how long it took to bring these futuristic ideas to life. - From Infographic Journal
Why Food Prices Are Still So High In The U.S. -CNBC
As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. Read more
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