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Navigate the world of business, economy, and stock market with our comprehensive category. Stay informed with the latest news, expert analysis, and investment insights. Explore the dynamics of finance and markets in our curated collection of business content.
Explore the contentious debate between Democrats and Republicans over IRS funding, as well as the potential of AI to enhance tax revenue collection while minimizing unnecessary costs. Discover how these perspectives intersect and diverge in the pursuit of a fair and efficient tax system.
Explore the world of tangential arguments, their causes, impact on discussions, and effective strategies to keep conversations on track. Learn how to navigate these conversational diversions for more productive dialogues.
After years of creating and perfecting his hot honey recipe at home, Mike Kurtz brought in a bottle to show his boss, Paulie Gee, while serving as his pizza apprentice. Paulie loved it, and the unique topping quickly became a hit. From there, demand grew and what had started as a hobby for Mike, suddenly picked up steam and is now a full-blown company bringing in $40 million a year.
Global supplies of rice are facing its most significant shortage in two decades, exacerbating food insecurity fears. Rice is a staple food for over half the world’s population. India’s export bans sent shockwaves through markets as some argue the country is using food as a political pawn. America’s $34 billion rice industry must compete against the same market uncertainty while managing droughts, floods and changing temperatures. Watch this video to learn more about how global rice markets influence food security, geopolitics and the livelihoods of millions of farmers.
‘Mad Money’ host Jim Cramer reflects on a stellar week for the stock market and looks ahead to next week.
Explore the contentious debate between Democrats and Republicans over IRS funding, as well as the potential of AI to enhance tax revenue collection while minimizing unnecessary costs. Discover how these perspectives intersect and diverge in the pursuit of a fair and efficient tax system.
Explore the economic stimulus potential of Universal Basic Income (UBI) in this article. Discover how UBI can boost consumer spending, support small businesses, reduce poverty, and streamline government assistance, fostering a more inclusive and economically vibrant future.
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. And now the International Monetary Fund just cut its global growth forecasts for 2024 and called out China’s real estate crisis as a big reason why.
Discover how a 4-day workweek for government employees, supported by data on the number of government employees in the US and their average income, can lead to significant taxpayer savings. Explore the financial benefits of reduced overhead costs, increased productivity, and improved employee well-being.
Explore the economic impact of Universal Basic Income (UBI) and traditional welfare programs in this comprehensive article. Discover the advantages and disadvantages of each approach in addressing income inequality, work incentives, and administrative efficiency.
The “Halftime Report” traders give their top picks to watch for the second half.
Small amounts of DNA from the manufacturing process may remain in the mRNA COVID-19 vaccines. Purification and quality control steps ensure any leftover DNA is present within regulatory limits. There isn’t reason to think that this residual DNA would alter a person’s DNA or cause cancer, contrary to claims made online.
Micron, Samsung and SK Hynix are responsible for making 90% of the world’s DRAM memory chips, and Micron is the only one based in the U.S. That’s made it the latest target of bans from China. Yet Micron is spending $115 billion to build the biggest chip project in U.S. history. CNBC visited Micron in Idaho and talked to Gov. Kathy Hochul in New York to hear about the new fabs. We also asked Senate Majority Leader Chuck Schumer about Micron ahead of his meeting with Chinese President Xi Jinping.
Some firms sustain their businesses by taking on more debt that they likely could never repay. Economists call them zombie companies. When compared to their peers, zombies are smaller in size and deliver lower returns to investors. These companies distort markets, keeping resources from their fundamentally sound competitors. Banks and governments keep zombie firms alive with bailout loans. As the Fed resets the economy with higher interest rates, many zombie firms are filing for bankruptcy.
Janie Deegan, 35, was homeless and battling addiction a decade ago. Now, she’s 10 years sober and the owner of Janie’s Life-Changing Baked Goods, a bakery that brought in over $1 million in 2022. The bakery is famous for its pie crust cookies, which ships across the U.S. and are available at retail locations in New York City.
More than 80% of newly-built single-family homes sold in 2022 belonged to an HOA, according to the U.S. Census Bureau. HOAs tout themselves as a value-add to homeowners, specifically when it comes to maintaining high property value, but not everyone is pleased with HOAs. Fifty-seven percent of homeowners surveyed said they disliked living in an HOA with more than 3 in 10 homeowners saying they feel like the HOA has too much power.
While traditionally, canned tuna was known to be a staple in American homes, consumption rates have fallen dramatically in the past couple of decades. Since 2000, per capita tuna consumption dropped 45.7%. That’s largely due to shifts in consumer preferences, but also a larger awareness around the industry’s steep market consolidation, issues around sustainability and transparency, and a major price-fixing scandal that lasted for years. In 2015 and 2019, Bumble Bee and StarKist were fined $25 million and $100 million respectively by the Department of Justice. Still, in 2020, the U.S. imported about 637.9 million pounds of tuna, 71% of that canned, the most of any country in the world. The industry is dominated by a few multinational conglomerates, the largest being Thai Union Group, also the owner of Chicken of the Sea. In 2020, the industry saw a significant rise in canned tuna demand, fueled by the Covid-19 pandemic as Americans turned to this affordable, protein-rich food. However, that rise has since gone back down.
Explore how Universal Basic Income (UBI) provides financial security, fosters work incentives, and encourages people to seek employment without the fear of losing essential benefits. Discover how UBI can reshape the workforce and reduce inequality.
Explore how Universal Basic Income (UBI) can offer stability and dignity to those facing economic hardship, as highlighted in ‘Nomadland‘ by Jessica Bruder. Discover how UBI addresses the challenges of economic instability and job insecurity, providing a path to a more secure and equitable future.
Explore ‘Partisan For The People’ series – a deep dive into policies that pave the way for a stronger economy and a more prosperous society. From job creation to healthcare reform, discover a roadmap to a better future in this comprehensive article series.
