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Despite the rise of sophisticated crypto frauds and ransomware plots, phone scams continue to trick Americans out of tens of billions of dollars each year.
Europe has expanded its cybersecurity rules around airline flight safety. And for the first time, the requirements cover a range of companies in the aviation supply chain.
Normally the Federal Reserve makes a profit from its balance sheet, but with higher interest rates it is now in the red. WSJ explains how the Federal Reserve makes money, what it does with it, and what happens now.
Americans look to the country’s most powerful bank, the Federal Reserve, to combat inflation. But the Federal Reserve does not have to take on the battle alone. Fiscal policy enacted by Congress and power wielded by big business can help fight rising cost
Musk made a bid for the company in April, then tried to abandon the deal in July. Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform.
Why does New York City have so many fake buildings? What’s their purpose? We looked into it.
One of world’s favourite drinks is under threat from global warming. The world’s top coffee producing nations all lie at similar tropical latitudes, where even small rises in temperature are forecast to have severe consequences for people and agriculture.
New Jersey is the only state in the U.S. that doesn’t allow customers to pump their own gas — anywhere. There’s always an attendant on duty to pump gas for customers at these full-service stations.
The war on skyscraper shadows has been passionately waged for years. Between light and shade, their significance is intensely debated. But in the shades of gray, what else are we losing in our cities?
What began as a small Canadian yoga wear company for women, is today a multibillion-dollar activewear brand with 600 stores in the U.S. and Europe, and a diversified portfolio extending into menswear, an at-home fitness program, Mirror, and footwear.
In 2018, Starbucks opened its first store in Italy, a 25,000-square-foot roastery in Milan. Despite being inspired by Italian coffeehouse culture, the American chain faced resistance when entering the country.
Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts.
Amazon has 118+ private label brands, some that carry the Amazon name and others cleverly disguised without it. And it’s been accused of using its data prowess to make nearly identical versions of bestselling brand-name items.
Pandemic lockdowns accelerated the already growing popularity of buy now pay later transactions. But for the operators behind these transactions, margins are wafer thin. So how sustainable is the business model?
Each fall, there’s one store that suddenly seems to be just about everywhere: Spirit Halloween. The brand taps into the $10 billion Halloween industry by setting up shop in otherwise vacant real estate for three months each year.
Europe is facing a tough winter, as inflation and energy prices continue to rise. The continent also faces tough decisions following its scorching hot summer.
Turmoil in the U.K. bond market created a feedback loop that left investors like pension funds short on cash and rippled out into other markets. WSJ’s Chelsey Dulaney explains the type of investment at the heart of the crisis.
When the pandemic hit in early 2020, air travel came to a near halt. By April, more than half of the world’s passenger jets were parked. Those 16,000 planes also carry roughly half of the world’s air cargo, over 52 million metric tons of goods every year.
The economic concept is key to understanding how companies price their products. Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflection point.
Over the past 25 years, Netflix revolutionized the film and television industry. The company amassed over 220 million subscribers across 190 countries.
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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.
Uncharted Territory: Global Economic Outlook 2025-2027 - 1H 2025
A decline to 2.3% global output growth is anticipated for this year and next, followed by a modest rebound to 2.9% in 2027. Our latest projections suggest 2025–2027 average growth of 2.5%, marking a decline from the 2.8% projected in January. - From Kearney Read more
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Despite adding around 1,500 new stores between 2022 and 2024, Starbucks’ revenue hasn't increased. Competition from chains like Luckin, Cotti and Manner have increased sharply in the years following the pandemic. Read more
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