Tuesday, September 26, 2023

Global Economy Close to Recession

The World Bank made a 2023 projection of 3% world economic growth. Now, the World Bank has slashed that percentage to 1.7%, making this the third-weakest rate of growth in nearly 3 decades. These worsening economic conditions can be due in part to rapidly inflating prices, as well as tighter monetary policies from central banks around the world.

$2.5 Billion Solar Panel Plans

Hanwha Q Cells, a major manufacturer of photovoltaic cells and subunit of the multinational company Hanwha Solutions, has released plans of investing more than $2.5 billion to build factories in Georgia.

EVs Win Vehicle of the Year Awards

The vehicle market has never been more exciting than in recent years with electric vehicles (EVs) going mainstream.

Valentine’s Day Spending Stats

Regardless of how much you spend on Valentine’s Day, the money spent isn’t the main item to dwell on. The sentiment exchanged between people is what matters.

Elon Musk No Longer the World’s Richest Person

Elon Musk has lost his position as the richest person in the world. The Tesla CEO and current owner of Twitter sits in second place behind Bernard Arnault, the chief executive of LVMH, a luxury conglomerate.

Juul Lawsuit Settlement

The vaping company, Juul, has reached settlements estimated to total over 1 billion dollars for over 5,000 lawsuits over its vaping products.

The Ultimate 2022 Holiday Gift List

It can be hard to find the perfect gift, whether you’re looking for others or for yourself. Here are some of the most popular gifts (as well as some of the most unique!) for the pickiest person on your list, as well as for yourself! Happy holidays!

The Christmas Spending Stats

How much do Americans spend on Christmas gifts? Better yet, how much do we spend simply during the holiday season? From garlands to Christmas lights to holiday drinks to gifts, there is such a wide range of items for holiday spending. After all, it’s the season of giving, so our budgets tend to go out the window.

Buzzfeed Layoff

Buzzfeed is cutting 12% of its workforce, due to worsening economic conditions. The New York company made this announcement on Tuesday, December 6. While they never disclosed the exact number of employees they were laying off, 12% of Buzzfeed employees can equate to roughly 180 people.

What’s Going Down on Twitter? (Everything, it Seems)

Since the Musk acquisition of Twitter, the website has undergone some major changes (to say the least).

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