United States
Hyundai unveils new Ioniq 6 EV — an ‘electrified streamliner’ with unique design
The newest electric vehicle from Hyundai Motor is a sedan with a unique bubbly design. The South Korean automaker unveiled the Ioniq 6 Wednesday night as an “electrified streamliner,” a nod to its aerodynamic design that Americans may know best through the design of an Airstream trailer. It’s a major shift in styling from the […]
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Inflation jumped by 9.1% in June, the fastest since 1981. How does your ‘personal inflation rate’ compare?
Grocery shopping in Rosemead, California on April 21, 2022. Frederic J. Brown | Afp | Getty Images Inflation jumped to a new 40-year high in June, the U.S. Bureau of Labor Statistics reported Wednesday. That means the prices Americans pay at the gas pump, grocery store and elsewhere have been rising much faster than normal this year. That […]
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U.S. Treasury diplomat nominee aims to curb China’s lending influence
Jay Shambaugh, associate professor of economics at the George Washington University, speaking at a macro policy discussion in the U.S. on Wednesday, April 17, 2013. The nominee for the U.S. Treasury’s top economic diplomacy job said on Tuesday he wants to limit China’s growing global lending influence by working with international financial institutions and development […]
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Chinese companies are going global as growth slows at home
Miniso opened its first flagship store in New York City’s SoHo in February 2022. Miniso BEIJING — Some Chinese consumer brands are looking for growth overseas, in markets like the U.S. and Southeast Asia. Take Miniso, a Guangdong-based seller of toys and household products. Sometimes called China’s Muji, Miniso opened a flagship store in New […]
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U.S. greenhouse gas emissions have caused over $1.8 trillion in global economic losses, study says
An aerial view of Phillips 66 oil refinery is seen in Linden, New Jersey, United States on March 8, 2022. Tayfun Coskun | Anadolu Agency | Getty Images The U.S. and China, the world’s two greatest greenhouse gas emitters, have each caused global economic losses of more than $1.8 trillion from 1990 to 2014, according […]
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Delivery startup Gopuff cuts 10% of its global workforce and closes 76 U.S. warehouses
A bag of groceries with the logo of American on-demand delivery start-up Gopuff. Gopuff Delivery startup Gopuff is cutting 10% of its global workforce and closing 76 U.S. warehouses, according to a letter to investors. The layoffs impact about 1,500 employees who will be notified throughout Tuesday, the letter said. The company is also closing […]
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Op-ed: The toughest challenges for cryptocurrency lie ahead, not in the rear-view mirror
More than a third of millennials and half of Generation Z would be happy to receive 50% of their salary in cryptocurrencies, revealed a study. Srdjanpav | E+ | Getty Images With more than $1 trillion in cryptocurrency value wiped out since the 2021 high-water mark, many investors may be tempted to enter the cryptocurrency […]
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The euro is near parity with the U.S. dollar: Here’s how travelers can take advantage of the exchange rate
A customer reaches down to pick up a bottle of water from a street vendor in Paris on June 17, 2022. Stefano Rellandini | Afp | Getty Images The value of the euro relative to the U.S. dollar has sunk near a two-decade low — and that’s good news for Americans traveling to Europe this […]
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U.S., Japan agree to address currency, economic impact of Ukraine war
Japanese Finance Minister Shunichi Suzuki shaking hands with US Treasury Secretary Janet Yellen at the latter’ office in Tokyo on July 12, 2022. U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed on Tuesday to further strengthen bilateral ties and work together to address rising food and energy prices exacerbated by Russia’s […]
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U.S. health laws don’t always protect abortion information, but new bills could fill the gaps
A journalist reports near a crowd of abortion-rights activists in front of the U.S. Supreme Court after the Court announced a ruling in the Dobbs v Jackson Women’s Health Organization case on June 24, 2022 in Washington, DC. Nathan Howard | Getty Images The Supreme Court’s decision to overturn Roe v. Wade last month raised […]
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