Sales of new single-family houses dropped for the fourth consecutive month in the United States, as potential home buyers face a perfect storm of unfavorable conditions. According to figures jointly released by the U.S. Census Bureau and the U.S. Depar…
The National Oceanic and Atmospheric Administration predicted an above-normal Atlantic hurricane season for 2022 today as previously released reports had already suggested. The prediction marks the seventh consecutive year an above-average season has b…
Despite the immense popularity of European soccer domestically and around the world, nowhere comes even close to the overall earning power of elite U.S. athletes. Although those at the absolute peak of the soccer pyramid – see Messi, Ronaldo and Neymar…
US tech giant Meta, formerly known as Facebook, took action on 21.7 million comments, videos, photos, and posts that were violent or incited violence in Q1 of 2022, according to their latest Community Standards Enforcement report. This figure is nearly…
He may no longer be in his prime from a sporting perspective, but that doesn’t stop Lionel Messi from cashing some large checks at the end of the month. According to Forbes’ latest ranking, the Argentinian football wizard was the highest-paid athlete i…
The International Monetary Fund has said that it expects inflation pressures to be significant around the world in 2022. Inflation is predicted to be worse in developing economies, where price increases are projected to reach 8.7 percent on average ove…
While Tencent weathered the Chinese government heavily regulating its big tech companies well for the majority of 2021, the past two quarters saw a sharp decline in gross profit for the tech giant. In Q1 2022, the company only managed to generate $8.4 …
With inflation standing at 8.3% year-over-year in April, everyday items are becoming pricier for U.S. consumers. Food prices in particular took some significant steps up, as seen in the example of shopping for hamburger ingredients.Meats experienced so…
10 years ago, on May 18, 2012, Facebook went public in what is still the largest tech IPO in history. After pricing its shares at the upper end of the scale due to strong demand, Facebook raised $16 billion in an initial public offering that valued the…
While not directly intervening in the war in Ukraine so far, countries around the world have been contributing to the defence of Ukraine via financial, humanitarian and military aid. In absolute terms, the largest supporter as of May 10 – by a very lar…