The past year has marked a significant decline in beer consumption in the United States, reaching its lowest level in a generation. This shift in consumer behavior can be attributed to various factors, including a growing preference for alternative alcoholic beverages and an increasing number of individuals abstaining from alcohol altogether. While Anheuser Busch, the
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Boeing, the renowned aircraft manufacturer, is once again facing a setback as it urges airlines to conduct inspections on their 737 Max planes. The reason behind these inspections is a potential issue with a “possible loose bolt” in the rudder control system. This latest quality concern is a cause for concern, especially considering that the
The burden of student loan debt in the United States has reached alarming levels, surpassing $1.7 trillion. This staggering figure highlights the challenges faced by many borrowers, especially when it comes to resuming their loan payments. Recent data from the U.S. Department of Education reveals that only 60% of individuals with federal education loans have
The year 2023 has witnessed a mammoth rally in soft commodities, specifically orange juice, cocoa, coffee, and sugar, with prices soaring due to extreme weather conditions and supply concerns associated with the El Niño phenomenon. This rally is expected to have a significant impact on consumers worldwide, leading to higher prices for various food products.
The much-anticipated sequel, “Aquaman and the Lost Kingdom,” failed to make a splash at the box office, earning a meager $28.1 million in its domestic opening weekend. This makes it the fourth-lowest opening in the history of the DC Extended Universe. Warner Bros. Discovery had projected an opening between $32 million and $42 million, but
India, with its impressive population demographics, growing economy, and technology-oriented policies, is emerging as an ideal site for investment in the global market. Kevin Carter, the founder and chief investment officer of EMQQ Global, believes that India possesses all the necessary elements to become a highly investable country. Its democratic government, support for technology, and
Wall Street is gearing up for the final stretch of the year as 2023 draws to a close. Traditionally, this period is known as the “Santa Claus Rally,” where markets experience gains in the final five trading days of the year and the first two days of the new year. However, there are mixed opinions
Anthropic, a competitor of OpenAI founded by former OpenAI employees, is currently engaged in discussions to secure a $750 million funding round, according to a source familiar with the matter. This funding round is said to be led by Menlo Ventures and would result in a valuation of up to $18.4 billion for Anthropic. The
ESG investing, which emphasizes environmental, social, and corporate governance criteria in portfolio construction, has long grappled with transparency issues and varying metrics across companies. This has made it challenging for investors to assess the impact of their investments accurately. However, San Francisco-based asset manager Newday Impact Investing believes it has found a potential solution. By
The Powerball jackpot has reached new heights, currently standing at an estimated $543 million. This is the fourth time in 2023 that the Powerball jackpot has exceeded half a billion dollars. With the next drawing scheduled for Monday at 10:59 p.m. ET, many hopeful participants are considering their options. Winners are faced with two choices: