The Inflation Reduction Act, a $430 billion bill passed by the Senate on Sunday, designed to combat climate change, lower prescription drug costs and raise some corporate taxes. While President Biden last month asserted that it is “far from perfect” an…
Every month, Gallup asks U.S. adults what they think is the most important problem facing their country. In July, ‘inflation’ was at the top of the list with ‘government/leadership, both on 17 percent. The economy in general rounded off the top three w…
Despite a new ten-year deal with Apple raising MLS global media rights revenue to an estimated €250 million per year, the United States’ soccer league still has an awful lot of catching up to do with its European rivals. Over in the bastion of elite so…
Since the start of the pandemic, chip shortages have majorly impacted the automotive, information technology and consumer electronics sectors, partly due to disruptions in production processes and supply chains amid increased demand. The ongoing war in…
When it comes to drinking beer, no one beats the Czechs. According to data from the Statista Consumer Market Outlook, Czechs get through more than 100 liters of the booze on average per capita each year. Germany comes in at second place, with an averag…
This year’s edition of ‘The World’s 50 Best Restaurants’ by publishing group William Reed Business Media has just been released. The ranking is one of the most highly anticipated events of the culinary calendar. The so-called “Oscars of gastronomy” hav…
With inflation at the highest level since 1981 and wages not keeping pace, many Americans are struggling to make ends meet. And while a fresh poll from Morning Consult and Yahoo Finance shows that two thirds of U.S. adults are confident that they’ll be…
According to calculations by Our World in Data, 61 percent of the world population has received two doses of one of the several coronavirus vaccines available on the market. The gap between low and upper middle income countries, in particular, seems un…
Sales of new single-family houses in the U.S. dropped to a two-year low in June, as potential home buyers face a glut of unfavorable conditions. According to figures jointly released by the U.S. Census Bureau and the U.S. Department of Housing and Urba…
The rising price of the U.S. dollar against the euro and the world’s other strongest currencies is one of the most significant economic events of 2022 so far. The strengthening of the U.S. currency is due, in large part, to the marked increase in the i…