The use of social networks continues to grow around the world. At the same time, users are not shy to embrace new services, as the rapid rise of video sharing platform TikTok shows.The number of active social media users worldwide is estimated at 4.6 b…
Gallup conducts a annual poll to find out which high-profile federal agencies and departments have the highest favorability scores with the U.S. public. In the latest installment, only four out of the agencies included were rated positively by at least…
The number of job openings in the United States dropped by more than one million in August, signaling that the historically hot labor market is slowly coming off the boil. The fact that hires and separations (quits, layoffs and other separations) were …
The U.S. Bureau of Economic Analysis released its third and final estimate of second-quarter GDP on Thursday, confirming that the U.S. economy contracted for the second consecutive quarter amid an environment awash in global crises and uncertainties. R…
After prime minister Truss and chancellor Kwarteng’s disastrous mini-budget announcement last Friday, followed by intervention from the Bank of England and a rebuke from the IMF, days of radio silence from the Conservative leader were broken with a str…
The level of financial inequality around the world is staggering. According to a new Credit Suisse report, 47.8 percent of global household wealth is in the hands of just 1.2 percent of the world’s population. Those 62.5 million individuals control a s…
The devastating effect of the coronavirus pandemic on the tourism industry is most clearly illustrated by the number of travelers in 2019 compared to 2020. After welcoming 90 million visitors in 2019, France’s intake dropped by more than half in the fo…
The British pound is tanking against the U.S. dollar, hitting a record low on Monday as the exchange market reacts to the UK’s biggest tax cuts in 50 years. The move was announced by new chancellor Kwasi Kwarteng late last week – while also unveiling p…
Living in a retirement home is extremely expensive and, as data from Orpea shows, it varies from country to country. Luxembourg costs the most on average, with a person living in a retirement home expecting to pay €305 euros per day in 2020. Spain come…
For large parts of the past two years, mortage refinancing has been booming, as historically low mortgage rates and surging home prices created an opportunity for existing homeowners to save a lot of money on their mortgage and, in many cases, even tak…