Lifestyle
Why Target is losing out against competitors Walmart and Costco
Retailer Target is under pressure on multiple fronts: it’s facing pushback after rolling back its diversity, equity and inclusion initiatives; it’s fighting off stiffer competition from nimble competitors like Amazon; and the company has higher exposure to a decline in consumer spending amid inflation and tariff volatility than rivals like Walmart and Costco. Target’s decision […]
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Mongolia’s ‘ambitious’ plan could boost tourism to 10% of GDP by 2030, says minister
Tourism could comprise 10% of Mongolia’s gross domestic product if the country can attract 2 million annual tourists by 2030, the country’s tourism minister told CNBC Wednesday. “We have a big, ambitious kind of goal, which is about 2 million tourists by 2030, which will be around a $4 billion contribution towards our GDP,” […]
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Indian airlines can’t fly over Pakistan. Here’s how that is affecting flights
Pakistan’s closure of its airspace to Indian airlines Thursday is forcing carriers to alter some routes that link India to Europe, North America, Central Asia and the Middle East. Indian carriers — including Air India, IndiGo, Akasa Air and SpiceJet — must now fly longer, and thus costlier, flights on some westbound routes. The detour […]
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Fewer Americans are planning summer vacations. Travel costs aren’t the top reason
Fewer Americans are planning to travel this summer, according to a survey by the consumer finance company Bankrate. Some 46% of respondents said they are planning a summer vacation this year — down from 53% in 2024. Of those who don’t intend to travel, nearly two-thirds (65%) said money was the main reason. However, it’s […]
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More travelers are using ‘buy now, pay later’ plans to pay for trips. Here’s when it may make sense
Kristin Herman said using a “buy now, pay later” service to pay for a last-minute trip to Miami felt like a lifesaver. She said the approval was quick, and there were no upfront costs — but she accidentally skipped a scheduled payment. “One missed reminder turned into fees,” she told CNBC Travel. Rane Teo, however, […]
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U.S. public schools brace for ‘fiscal cliff’ after surge in hiring meets budget shortfalls
Public schools across the United States are facing a financial reckoning in 2025 as federal pandemic relief funds expire and student enrollment continues to decline, according to data from the Georgetown Edunomics Lab. The funding crisis stems largely from the end of the Elementary and Secondary School Emergency Relief funds, which pumped billions of federal […]
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From seaweed burgers to ‘upcycled’ potato chips, the high-end food industry is going ‘nature positive’
Nibs, etc. granola on sale at U.K. grocery store Waitrose. Waitrose Wasted food is a big problem. More than 1 billion tonnes was thrown away in 2022 by households, retailers and food service companies, according to figures published by the U.N.’s Environment Program in 2024. It’s expensive too: The World Bank estimated that lost or […]
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Here’s why Americans still love McMansions
The 1980s launched a style of homes that came to be known as “McMansions.” These types of homes have often been criticized for their size, craftsmanship and architectural design. They also developed a reputation for being a bad investment. This is because despite their often luxurious appearance, they are typically built using cheap or mass-produced […]
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How does an island with high prices and few beaches attract tourists? Singapore lays out a plan
Inexpensive hotels and swaying palm trees have long attracted travelers to Southeast Asia, but Singapore is doubling down on a different strategy — focusing on increasing tourism receipts instead of traveler arrivals. Officials on Friday outlined a plan to increase tourism revenue in the city-state from a record-breaking $29.8 million in 2024 to $47 million-$50 […]
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Is it safe to travel to Thailand right now? Thai officials say yes
The Tourism Authority of Thailand is expecting that country’s upcoming Songkran festival will generate more tourism revenue than it did last year, despite projections that the March 28 earthquake has dampened tourist arrivals to the kingdom. The 7.7-magnitude earthquake, which epicentered in neighboring Myanmar, caused a building under construction near Bangkok’s famous Chatuchak market to […]
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