It’s time to add another caveat to the ongoing U.S.-China trade war. One of the world’s largest and most revered hedge fund managers, Ray Dalio, believes China could use it’s massive holdings of U.S. debt to harm America — if Beijing wants. “We have a debtor-creditor relationship, not just a trade relationship. And that can […]
Pop culture crazes are nothing new in the United States. Becoming unreasonably, though temporarily, obsessed with a zeitgeist influencing moment is almost akin to a psychological fashion in this country. In 2016, Americans were enthralled by the Pokémon Go mobile game. Now we have the fevered Popeyes chicken sandwich mania of summer 2019. On August 12, […]
Mohammed bin Salman, the Saudi prince implicated in the death of government critic Jamal Khashoggi, wants to portray himself as an innovative developer who will transform the barren, inhospitable stretches of northwestern Arabian desert bordering Egypt and Jordan. MBS, as he’s known, has been publicly talking about creating a futuristic city to be called Neom. It […]
A Chinese engineering student in Oregon named Quan Jiang is accused of scamming Apple out $900,000. The startling crime shows how easy it is to scam a tech giant via warranty repair programs. The scam is complex, breathtaking in its brazenness, and it’s astonishing that Jiang got away with it for as long as he […]
Walmart, the country’s largest grocer, has announced a new delivery service that aims to best its rivals. The new service, called, Walmart InHome, will deliver groceries straight to the customer’s refrigerator. Walmart plans to offer the service in the fall in Kansas City, Mo., Pittsburgh and Vero Beach, Fla. The company has not yet announced […]
The American unemployment rate fell to as low as 3.6% in May 2018. The national unemployment rate has not been that low for over half a century. In December 2018, the United States employment sector added over 312,000 new jobs. A total of 2.6 million jobs were created throughout the year. About 100,000 new jobs […]
The recent 25% tariffs imposed by the Trump administration on Chinese imports are not yet reflected in the price of consumer goods. Once the effect filters down the commercial chain, higher prices for the American consumer are a certainty. Meanwhile, a Federal Reserve study showed that 40% of Americans don’t have $400 to cover an […]
Taco Bell, a subsidiary of Yum! Brands, is vying to increase its brand exposure in a crowded fast-food marketplace. The company earned $1.39 billion in revenue in Q3 2018. While impressive, that is still 3% below the previous quarter. Taco Bell is offering attention-catching deals to attract consumer attention and create social media buzzworthy news. […]
Mt. Everest is 29,000 feet above sea level. That is the cruising altitude for commercial airliners. There isn’t enough oxygen for the human body or mind to function properly at that height, which is known as the “death zone.” Climbing Mt. Everest used to be a trophy experience for adventurous mountaineers and wealthy people. Now, […]
The college admissions scandal has been tabloid fodder because celebrities are involved. Yet for everyone rich kid who got in by cheating, a deserving child of lower status was denied. Getting into college matters to your lifelong income, whatever school you choose. It has been said that a college education is the only investment that […]
