China's central bank, the People's Bank of China (PBOC), decided to keep its key lending rates steady for the fourth month in a row. This decision came despite the U. S. Federal Reserve's recent rate cut. The one-year loan prime rate (LPR) remained at 3. 0%, and the five-year LPR stayed at 3. 5%. This choice was not a surprise. Economists had predicted that China wo...
The fashion industry is a big part of our daily lives. But it's also a major source of pollution. Every year, the U. S. alone throws away a huge amount of textiles. This is not just a problem of waste. It's also about the resources used to make these clothes. The industry emits a lot of greenhouse gases and uses a lot of water. It also relies on harmful chemicals and...
Senator Elizabeth Warren recently criticized President Donald Trump for not keeping his promises on reducing costs. She pointed out that prices for everyday items like groceries, gas, and school supplies have gone up instead of down. Warren accused Trump of raising costs through tariffs, which she says hurt working families. At the same time, reports suggest that Tr...
Imagine a world where robots handle most of the work. That's the future some big tech companies are betting on. And guess what? Ethereum, a popular blockchain network, thinks it's the perfect place for these AI agents to do business. Ethereum has some key features that make it stand out. It can handle payments, verify identities, and manage a lot of transactions at ...
In the vast landscape of finance and economics, there's a space where curious minds gather to discuss the latest happenings. This is the realm of Odd Lots, a platform that offers a daily dose of insights and conversations. It's not just about the hosts, Joe Weisenthal and Tracy Alloway, sharing their perspectives on market trends and economic shifts. It's also about ...
Taiwan has a new economy minister, and he's no stranger to the tech world. Kung Ming-hsin, who recently served as the cabinet secretary-general, has been tapped to lead the country's economic strategy. Before that, he was on the board of TSMC, the world's biggest chipmaker, representing the government's National Development Fund. Kung's new job is a big one. He'll b...
When you toss out old gadgets, you might think your data is gone forever. But it's not that simple. Companies specializing in IT asset disposal (ITAD) have a big job: making sure data from old devices doesn't fall into the wrong hands. They handle everything from smartphones to computers and even medical devices. Whether they're recycling, refurbishing, or destroying...
The United Arab Emirates (UAE) is making big waves in the crypto world. Experts say it could soon become the country's second-largest industry. Why? Because the UAE has created a welcoming environment for crypto businesses. It has clear rules, a strong community of crypto leaders, and a government that invests in new technology. Plus, the country is known for its saf...
A huge film studio is now up and running in Fort Worth, Texas. This new project, called SGS Studios, is a big deal for the state. It's a joint effort with Paramount Television, the company behind popular shows like Yellowstone. The studio covers a massive 450, 000 square feet, which is enough space for more than seven big grocery stores. This isn't the only film pro...
Chicago's downtown area was once a hotspot for big companies. United Airlines, Kraft Heinz, and McDonald’s all moved their headquarters there. The city was seen as a great place to be. But that was less than a decade ago. Now, things have changed. The pandemic hit hard, and downtown Chicago hasn't bounced back like New York City. The city is in a tough spot financia...