ECONOMY

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Nov 15 2024BUSINESS

China's New Shopping Craze: A Game of Luck in Every Box

In China, a new shopping trend has taken over: blind box livestreaming. It's like a game show, but for buying stuff. Viewers pay a small fee to get a mystery bag, called a "blind box, " which the seller opens live. If you're lucky, you can win more bags or even neat prizes. The thrill of the unknown

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Nov 14 2024ENVIRONMENT

Green Cities: How Cleaning the Air Boosts Economic Growth in China

One of the main goals of the United Nations' Sustainable Development Goals is to help cities grow while using resources wisely and reducing pollution. But achieving this balance is tough, especially for countries that are still developing. A recent study looked at how well 284 Chinese cities were do

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Nov 14 2024FINANCE

Market Bets Nudge Toward December Fed Rate Cut

Traders are speculating more actively on an interest rate cut by the Federal Reserve in December. This prediction is based on new inflation data that aligns with current expectations. As a result, Treasury debt is seeing a boost. The yield on two-year notes, which closely follow Fed rate decisions,

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Nov 13 2024POLITICS

Trump's Tariff Threat: A Boon for China's Economy?

President-elect Donald Trump has threatened to impose a hefty 60% tariff on all Chinese goods entering the U. S. While this move might seem like a blow to China's economy, experts suggest it could actually benefit Beijing in the long run. Professor Chen Zhiwu from the University of Hong Kong believe

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Nov 12 2024POLITICS

The Hidden Workforce: How Deportations Could Hit U. S. Food Supply

Imagine driving through California's beautiful valleys, where each town proudly displays its specialty crop. Strawberries in Watsonville, garlic in Gilroy – you get the idea. These crops are the backbone of America's food supply. But here's a secret: many of the hands picking and packing these fruit

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Nov 08 2024BUSINESS

How Big Firms Handle Info: A Peek Inside

Ever wondered how big companies manage information flow? Let's dive in! We've looked at a massive dataset of articles accessed by employees across millions of firms. Want to know what we found? Well, it's interesting! We checked three things: how much employees read, the variety of articles they rea

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Nov 08 2024BUSINESS

Radio Giant Finds Savings and Tech Opportunities in Tough Times

iHeartMedia, the largest broadcast radio company in the U. S. , is planning significant cost cuts and debt restructuring to save $200 million in 2025. These moves come in light of weak advertising trends and recent staff layoffs. The company has renegotiated 80% of its long-term debt, extending matu

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Nov 08 2024BUSINESS

Banking on Brains: How Intellectual Investments Boost Performance

In today's information age, businesses aren't just about factories and funds; they're about brains and knowledge. This shift has pushed firms, especially banks, to seek out unique ways to boost productivity and stay ahead of the competition. Banks, being heavily reliant on knowledge, are a great exa

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Nov 07 2024POLITICS

Trump's Return: Global Economy Braces for Changes

Donald Trump's re-election has sparked a lot of talk about what it means for the world's economy. He's promised big changes like higher taxes on imports, tax cuts, and less government rules. Analysts are wondering how much of this he'll actually do and what impact it could have. Lizzy Galbraith, who

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Nov 07 2024ENVIRONMENT

Growing Green: Biopolymers in Special Applications for a Circular Economy

Imagine a world where medical supplies don't just end up in landfills. This is where biopolymers come into play. As the world focuses on making the economy more sustainable, special-purpose materials like medical supplies face a challenge. They're tough to remanufacture, making waste a big problem.

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