Why U.S. auto factories are so unproductive
Automotive factories throughout the United States and around the world are not producing nearly as many cars as they need to in order to be profitable. A mixture of factors …
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Why more men are dropping out of the workforce
Men have been steadily dropping out of the workforce, especially men ages 25 to 54, who are considered to be in their prime working years. According to the U.S. Bureau …
Elon Musk hopes supercomputers will boost Tesla and xAI
Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how …
How Federal Reserve interest rate cuts affect the global economy
The Federal Reserve’s interest rate decisions can influence the trajectory of the U.S. economy. “The U.S. economy’s stature is one of the key drivers of the importance of the Fed,” …
How Amazon is using generative AI to drive more same-day deliveries
For years, Amazon has set the bar for package delivery. When Prime launched in 2005, two-day shipping was unheard of. By 2019, one-day shipping was standard for millions of items. Now, …
Here’s why Americans are going back to Chili’s
Chili’s efforts to win back American consumers are working. Same-store sales, a key metric for the restaurant industry, jumped 14.8% in its fiscal fourth quarter, a significant increase as many …
How oil-rich Arkansas became a hotbed of lithium mining
The future of lithium production in the U.S. is gaining momentum in Arkansas, as companies like ExxonMobil, Albemarle, and Standard Lithium make significant investments in the state. This comes at …
What VW’s $5 billion Rivian deal means for both companies, industry
A Volkswagen ID.4 electric vehicle (EV) at a Rivian charging station in San Francisco, California, US, on Tuesday, June 25, 2024. David Paul Morris | Bloomberg | Getty Images Electric …
Why Disney vacation may be getting too pricey for average American family
The U.S. travel sector has been surprisingly resilient when it comes to travel. Domestic travel numbers have returned to pre-pandemic levels and air travel has surged even as more than …
Why I left Wall Street for a failing snack company
Charles Coristine used to revel in working at Morgan Stanley. He loved the pace, even waking up in the middle of the night to trade in the Tokyo and London …