Business Insights

A struggling retailer’s CEO Niraj Shah CEO Niraj Shah ignited a firestorm with an email urging staff to work late while celebrating the company’s return to profitability. The email, now infamous, not only raised eyebrows but also cast a spotlight on the e-commerce giant’s precarious financial situation, revealing a deeper rift between management and the workforce. […]

Lael Brainard, the director of President Biden’s National Economic Council, has voiced apprehensions regarding the proposed sale of U.S. Steel Corp. to Japan’s Nippon Steel. U.S. Steel sale The deal, amounting to $14.9 billion, has prompted calls for heightened scrutiny due to potential implications on national security and supply chain reliability. Brainard emphasized the historical […]

More than 65 million Generation X Americans are facing a huge wealth gap. Generation X who are between 43 and 58 simply won’t have enough to retire.  According to asset management company Schroders’ 2023 US Retirement Survey, Gen X people need more than $1.1 million to retire and most of them expect to have $660,000 […]

Amazon is seeking to automate its warehouse procedures and is currently experimenting with a humanoid robot. Digit is a two-legged robot that can grasp and lift items and is being used to shift empty tote boxes at the moment.  Digit however has understandably caused fear among Amazon’s 1.5 million employees. Chief technologist at Amazon Robotics, […]

The younger generation in America are currently facing a problem where they’re unable to get a job. This is probably due to the country’s slower economy which could be attributed to Bidenomics. Furthermore, it seems that TikTokers are complaining about this issue on social media.  Business Insider states, young adults on TikTok, representing Gen Z […]

The recent proposal of the Census Bureau to revamp disability data collection methods in its American Community Survey (ACS) has ignited concerns among disability experts. These changes could lead to the undercounting of the disabled population in the U.S., affecting funding and research. Census Bureau: Proposed revision The proposed revisions involve shifting from the current […]

Bernie Madoff was arrested 15 years ago for the largest Ponzi scheme in history affecting 25,000 victims. Those victims will now receive $158.9 million giving them at least 91$ of their lost money. The Department of Justice announced the additional amount on December 11. To date the Madoff Victim Fund has made nine payments amounting […]

In a scathing backlash, Senator John Barrasso, the ranking member of the Senate Energy and Natural Resources Committee, targeted the Biden administration’s lavish spending of taxpayer money as it dispatched numerous representatives to the United Nations climate summit in Dubai known as COP28. Senator Barrasso wasted no time in expressing his disapproval, firing off a […]

Senator Lindsey Graham, a Republican from South Carolina, has proposed a bold initiative – to redirect healthcare funds to states — amidst former President Donald Trump’s renewed push to dismantle the Affordable Care Act (ACA), commonly known as Obamacare. The call of Sen. Lindsay Graham In an interview on CNN’s “State of the Union,” Graham […]

GOP presidential hopeful Ron DeSantis declared his intention to replace Obamacare with a groundbreaking healthcare plan, sending shockwaves through the political landscape. Comprehensive healthcare plan The Florida governor assured voters that a comprehensive blueprint for his healthcare proposal would be unveiled this spring, promising a system that not only trumps Obamacare but also guarantees lower […]

Tech wearable devices have emerged as companions and custodians of people’s well-being. From smartwatches to fitness trackers, they’re not only fashion statements but also data repositories. As people entrust personal data in these wearables, the fine line between convenience and privacy becomes increasingly blurred. Data Collected Tech wearable device are designed to monitor and record […]

To address the ongoing homelessness crisis, California Governor Gavin Newsom announced that nearly $300 million was infused to aid local municipalities in clearing out homeless encampments and transitioning individuals into stable housing. Comprehensive action Governor Newsom emphasized the need for comprehensive action, stating, “I think we can all agree that we need to do more […]

Mark Zuckerberg’s tranquility was shattered as a disturbing scandal emerged, exposing the unsettling way Instagram Reels served explicit content of children. Instagram reels A Wall Street Journal‘s report revealed that test accounts, focused solely on teen gymnastics and cheerleading influencers, were recommended next to reels featuring doubtful adult contents and explicit child content. A parallel […]

In a speech addressing the ongoing supply chain challenges in the United States, President Joe Biden admitted that consumer prices are “still too high.” Inflation battles not over Highlighting a positive aspect, Biden stated, “Wages for working families have gone up while inflation has come down 65%, giving families a little more money in their […]

A Chinese-linked hacker group known as Chimera successfully breached the defenses of Europe’s largest chipmaker, NXP. According to NRC, they maintained undetected access for over two years. Chimera hackers The cybercriminals reportedly pilfered intellectual property, including crucial chip designs, in a covert operation.  Infiltration went unnoticed The breach, which transpired from late 2017 to early […]