Americans’ incomes zoomed higher at record speed in March
The economic recovery is underway and while there’s still plenty of work to be done, new data on Americans’ incomes shows the…
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People are ready to have sex again: Condom sales are surging
Condom sales have been in a slump during the pandemic as people sheltered at home and put their sex life on hold. But now, as more Americans are…
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Walmart sets up vaccine clinics for Flipkart workers as India grapples with Covid crisis
Walmart is setting up vaccination clinics for more than 200,000 of its workers and their families in India, as the country grapples with a…
Continue ReadingEurope’s recession deepened in the first quarter but the recovery is underway
Europe fell deeper into recession in the first three months of the year, but the region’s economy is already turning a corner and looks set to…
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These TikTok stars built a VC firm backed by Anthony Scaramucci and the Winklevoss twins
Social media influencers have enormous power to set trends, create overnight sensations and broadly define what’s cool. Josh Richards, a…
Continue ReadingWhy Amazon is the ‘perfect’ moneymaking machine
Throughout the pandemic, Amazon has had no trouble generating huge returns. Once the Covid-19 crisis passes, it’s in great shape to make even…
Continue ReadingJoe Rogan addresses his controversial anti-vaccine comments
Joe Rogan, Spotify’s top podcast host, responded to the controversy surrounding his remarks that healthy young people should not get the Covid…
Continue ReadingBiden’s first address to Congress wasn’t immune to TV ratings erosion
The television ratings for President Joe Biden’s first address to a joint session of Congress were far weaker than the equivalent events by…
Continue ReadingNew York City sues Chipotle, alleging hundreds of thousands of labor law violations
New York City is suing Chipotle Mexican Grill, alleging that the company violated a law that requires fast food chains to give their employees more…
Continue ReadingJimmy Kimmel’s interview with the MyPillow CEO got pretty weird
Jimmy Kimmel has interviewed many eccentric guests as the host of “Jimmy Kimmel Live!” over the years, but one of his most surreal…
Continue ReadingThe world doesn’t have enough computer chips. That’s bad news for you
In the market for a new car, smartphone or washing machine this year? A global shortage of computer chips could mean you have to wait a while and pay…
Continue ReadingThis fast food chain is now one of the most diverse workforces in America — except for its top executives
Shake Shack has emerged as one of the most diverse employers in America after hiring more than 1,000 people in 2020. But the premium burger…
Continue ReadingUS economy soared in the first quarter, growing at a 6.4% rate
America is on the path to recovery and economic growth is rampant. But the pandemic recession has been severe and we’re still not done growing…
Continue ReadingBiden at 100 days: Hottest stock market since JFK
The Biden bust that the Trump campaign warned of has morphed into a Biden boom. The S&P 500 is up 8.6% since the market close on January 20, the…
Continue ReadingThis fast food chain is now one of the most diverse workforces in America — except for its executives
Shake Shack has emerged as one of the most diverse employers in America after hiring more than 1,000 people in 2020. But the premium burger…
Continue ReadingThe global chip shortage has come for iPads and Macs
Even America’s biggest company can’t save itself from a global shortage of crucial computer chips. What’s happening: Apple just had…
Continue ReadingAmerica’s economy is rebounding. But it is still in a deep hole
America is emerging from the worst of the pandemic, and that will mean some eye-popping figures when the government releases economic growth data…
Continue ReadingHong Kong has fined a journalist for ticking a box. That shows the city’s media freedoms are in jeopardy
Last Wednesday, Hong Kong journalist Bao Choy was honored for her investigative work. The following day, she was convicted for it. In essence, Choy…
Continue ReadingMicrosoft is retiring its default font, and it wants your help choosing a new one
Microsoft is changing its default font for the first time in nearly 15 years, and it wants your help selecting the new one. And no, you can’t…
Continue ReadingFord posts strong earnings but warns chip shortage will get worse before it gets better
Ford posted a much better first quarter than Wall Street was expecting. But it warned that the computer chip shortage that has dogged automakers will…
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