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American households have become dependent on Amazon.The numbers say it all: In 2024, 83% of U.S. households received deliveries from Amazon, representing over 1 million packages delivered each day and 9 billion individual items delivered...

S&P 500 futures were flat this morning after the index closed up 0.37% yesterday. The Asian markets were up across the board today, but Europe’s STOXX 600 marginally declined in early trading. The mixed picture mirrors an argument on...

Prediction markets, which allow users to bet in real time on everything from elections to the Super Bowl, are suddenly big business and growing fast. Robinhood underscored that during the company’s Q3 earnings announcement on Wednesday afternoon, stating that...

Shares of WeRide start trading on Hong Kong’s stock exchange today, just over a year after the robotaxi firm forayed into U.S. markets with a Nasdaq listing. For CEO and founder Tony Han, the offering is part of a...

New York City Mayor-elect Zohran Mamdani swept to victory Tuesday evening on a platform of affordability, anchored by a plan to freeze rents across nearly 2 million rent-stabilized apartments. But economists, universally, hate rent control. In a 2012 poll of...

At first, the sales invoice said $179.84. Later, the bill said $9,271.25 – 50 times more.It was one more trick in a series of alleged ruses – from fudged numbers and questionable collateral, to off-balance-sheet financing and a company...

When banks issue their defrauded customers refunds and successfully identify the perpetrators, fraud victims are 60% more likely to stick with their bank than customers that didn’t experience any fraud.But if customers get their stolen...

“Sex sells” has been a mantra in marketing for decades. As researchers who study consumer behavior, we’ve seen plenty of evidence to support it: Attractive models and spokespeople have been shown to reliably grab attention,...

Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan.For the most part, these blueprints have been geared at spurring growth and unity as...

It’s no secret that as a result of constant economic and societal upheaval over the past two decades, many young people today are feeling lost, scared, anxious, and most of all, lacking hope for the future. In a wide-ranging...