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Economy

U.S. ENERGY: THEN VS NOW

U.S. energy production has shifted dramatically since 1950, with natural gas, oil, and renewables rising, while coal steadily…

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Norway Introduces 3% Tourist Tax to Combat Overtourism

Norwegian lawmakers have passed a 3% tourist tax on lodging, potentially extending to cruise ships, to address overtourism…

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Elon Musk’s War of Words With Trump Costs Tesla Billions

A public feud between Elon Musk and U.S. President Donald Trump sent shockwaves through the stock market, wiping…

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Senate Unanimously Passes No-Tax-on-Tips Act for Service Worker Relief

Rare earth minerals are crucial for technologies from smartphones and electric vehicles to advanced military systems. While abundant…

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Inside the U.S. Loophole Helping Importers Save Millions

Foreign-trade zones (FTZs) are designated areas near U.S. ports where imported goods can be stored without immediately incurring…

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Top 10 Manufacturing Countries in the World

China leads global manufacturing with 31.6% of total output in 2024, followed by the U.S. and Japan, as…

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Behind the Magic: Job Cuts at Disney in 2025

Disney has announced another round of global layoffs affecting several hundred employees across its film, television, and corporate…

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WhatsApp Cartel: EU Fines Delivery Apps for Anti-Competitive Deal

The European Union has fined German food delivery company Delivery Hero and its Spanish subsidiary Glovo a combined…

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Appeals Court Revives Trump’s Tariffs After Trade Court Block

A federal appeals court has reinstated President Trump’s broad “Liberation Day” tariffs just one day after the US…

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Will Apple Ever Make iPhones in the U.S.?

Can iPhones really be made in America? It’s a question that’s come up again, first under Obama in…

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Is Tesla Losing Its Grip on Europe?

Tesla is facing serious challenges in Europe, where its electric vehicle (EV) sales dropped by 53% across the…

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McDonald’s Pulls Plug on CosMc’s After Two-Year Run

After launching CosMc’s in 2023 to tap into the specialty beverage market and test bold, customizable drinks without…

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U.S. ENERGY: THEN VS NOW

U.S. energy production has shifted dramatically since 1950, with natural gas, oil, and renewables rising, while coal steadily…

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New York’s Milky Way Show Leads to Major Space Discovery

“Encounters in the Milky Way,” the latest immersive show at New York’s Hayden Planetarium, unveils a groundbreaking astronomical…

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Studio Ghibli at 40: Holding Onto Wonder in an AI Age

Studio Ghibli, Japan’s most celebrated animation studio, marks its 40th anniversary this June. Known for its hand-drawn films…

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