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Will China’s Real Estate Crisis Hit The Global Economy? -CNBC

 

China's real estate industry is collapsing in slow motion.Major developers like Evergrande and Country Garden remain stuck in spiraling debt problems. So-called 'ghost cities' dot the Chinese countryside.

An initial glut of investor interest in the metaverse has dribbled away -Financial Times

 

Remember the metaverse? Facebook was so keen on the concept that its CEO Mark Zuckerberg renamed the company Meta. But as the FT’s Hannah Murphy explains, early investor interest has faded.

Why It's Becoming Harder To Get Into Airport Lounges -CNBC

 

Over the past couple of years, airlines and credit card companies like American, United, Chase and Capital One are investing millions into expanding their airport lounge networks for customers.

Why The U.S. Won’t Do Away With Tipping -CNBC

 

It’s no secret that we’re tipping like never before - everywhere and for everything. While it can certainly be frustrating, there’s a greater issue at hand.

Why EVs Are Piling Up At Dealerships In The U.S.

 

In August 2023, it took about twice as long to sell an EV in the U.S. as it did the previous January. Prices of EVs are down 22% year-over-year and that's mainly driven by Tesla. About two thirds of EVs sold are Elon Musk's brand.

Quiet Cutting: How Power In U.S. Offices May Be Shifting Back To Bosses -CNBC

 

In the American workplace of 2023, a new labor market trend has taken over where "quiet quitting" left off. Quiet cutting.

Why useless decongestants are still for sale -Vox

 

Phenylephrine doesn’t work better than a placebo. So why is it still on shelves?

Why New York Will Charge $23/Day To Drive Into Manhattan -CNBC

 

Drivers headed to downtown Manhattan will face a new toll beginning in spring 2024. The final fee, which is still up for debate, is expected to be between $9 and $23 dollars per day for passenger vehicles.

Inside Volkswagen’s Multibillion-Dollar Pivot to Become More American | WSJ Pivot

 

Volkswagen has come to rely on China for a third of its auto sales, but its market share in the country has been waning as rival carmaker companies like BYD hit the market.

How Empty Offices Are Ruining American Cities -CNBC

 

Major American cities such as New York and San Francisco face serious problems — mass migration, empty offices and declining tax revenues. These trends have had a direct impact on cities.

San Francisco’s Plan to Save Its Downtown From the ‘Doom Loop’ | WSJ

 

San Francisco's downtown suffered an exodus of workers and businesses during the pandemic. These closures followed the disappearance or scaling back of some of the city’s most prominent corporate tenants like Facebook and Salesforce.

Longevity: can ageing be reversed? -The Economist

 

Ageing has always been inevitable but fasting, epigenetic reprogramming and parabiosis are just some of the scientific techniques that seem to help people stay young. Might the Peter Pan dream become real?

The U.S. Is Investing Billions to Compete With China’s Lithium Supply Chain | WSJ

 

The U.S. used to be a global leader in lithium processing, but it lost its market control to China in the early 2000s. Since then, China has developed its own lithium supply chain, controlling 55% of the market.

Why Tesla May Be The Big Winner Of The UAW Strikes -CNBC

 

Elon Musk and Tesla could emerge as winners from the UAW strikes against Detroit automakers Ford, GM, and Stellantis. Thousands of union workers are striking the plants of the Detroit Three - as the three legacy automakers are called.

How American Airlines Makes 15,000 Meals A Day -CNBC

 

Food service on domestic airlines has drastically changed in recent years. Nearly 3 million passengers fly every day in the U.S. Post pandemic, airlines have seen an increase in passengers buying up to premium seats.

Why Factories Are Coming Back To The U.S. -CNBC

 

As factories closed and more companies moved their operations offshore, employment in manufacturing has declined over the years. But now the USA is spending big on industrial policies, to bring manufacturing back into the country.

The Truth Behind ‘Unlimited’ Vacation Plans -CNBC

 

You’ve seen it in more and more job postings: Unlimited. Vacation. Sounds awesome right? Only about 8 percent of employers offer this perk, according to a recent survey from the Society for Human Resource Management.

Why is Argentina’s economy such a mess? - The Economist

 

Rampant inflation, a booming black market for US dollars and crippling debt - welcome to Argentina, one of the world's most dysfunctional economies. How did it end up like this?

Why The NYC Subway Is Such A Mess -CNBC

 

Hybrid work has meant fewer riders on New York City's subway and a drop in fare revenue for the system's operator the Metropolitan Transportation Authority.

How The U.S. Is Beating Inflation -CNBC

 

Watch this video to learn more about how inflation expectations are measured, why the Federal Reserve cares so much about what Americans predict and how consumer behavior can manifest higher prices.