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The National Aquarium in Baltimore says it spends $45 million in annual operating costs on important upkeep like dive cleaning, filtration systems and feed for all kinds of fish.
UBS Group AG, with over $5 trillion in invested assets, is Switzerland's largest bank. The company has a sprawling international footprint, with over half of its wealth management assets coming from clients in the United States.
China has long been the manufacturing hub for tech giants like Apple and Samsung. But now, a range of geopolitical factors are pushing technology companies to spend billions to relocate their operations to places like India, Vietnam and Latin America.
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.
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Continuing to learn something new, we travel to Florence Italy. It is not just the birthplace of the Renaissance, but also the place where the piano, opera, and gelato were invented.
America is named after the Florentine Amerigo Vespucci. The story of Pinocchio was written in this city. The famous luxury fashion brand Gucci was founded Florence by Guccio Gucci in 1921 and you can still visit the first store located here. It’s also where you will find the world’s oldest pharmacy established in 1221.
Florence’s cathedral, Santa Marie del Fiori or Il Duomo, is the 11th largest church in the world, was built with over 4 million bricks and took 140 years to complete Michaelangelo’s statue of David was created between 1501 and 1504.
Dante Alighieri, the father of the Italian language, wrote “The Divine Comedy” in a Florentine dialect that eventually evolved into modern Italian. The city is also credited with establishing one of the first medical schools in Europe, the University of Florence School of Medicine.
In a 2017 personal article titled “Reflective Moments that Change your Life,” I reflected on the Florence experiences of three quintessential Renaissance men. The biographies of Leonardo da Vinci, Michelangelo, and Galileo clearly illustrate, there is no perfect life. As humans we all make mistakes and fail at times. How we react and where we go next is totally up to each of us. What we think about, we will become.
You are not alone. Focus on the possible, ignore the impossible, for the glass is always half full. Be endlessly curious. Find your special place (as I did when I wrote 2017 Florence article) and have that quiet conversation with history to build an amazing fulfilling successful life.
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