A recession is defined as a period of a prolonged downturn in the economic activity of a country. It is commonly understood that if a country sees a decline in its gross domestic product (GDP) for two consecutive quarters, it is going into recession. By these definitions, the U.S. has been in recession since the summer of 2022, and it is not the only country to face recession-like conditions.
According to Natixis Global Retirement Index 2021, 36% of Americans believe that they will never have enough money to retire, pointing to a major need to increase your savings early on in your professional career so that you can retire easily. And that’s where FIRE comes in. Financial Independence Retire Early, FIRE for short, is a term that has its origins in the personal finance book “Your Money or Your Life” by Viki Robin and Joe Dominguez.
In the classic American sci-fi film Back to the Future II (1985), the main characters Marty McFly and Doc Brown travel into the future to the year 2015. The film indicated that 2015 would be the year of flying cars, remote control dog walkers and even hoverboards. This is not the only film to discuss these ideas. Other films and TV shows, like The Jetsons (1962) and Blade Runner (1982), also feature flying cars.
Online dating can be really hard. You can spend hours scrolling through matches and end up nowhere closer to finding a partner. The exercise of going on one date after another only to see the chemistry fizzle out each and every time can be extremely exhausting. According to a survey by the online dating research platform The Single’s Report, 78.37% of Americans aged 18-54 experience emotional fatigue or burnout when online dating.
On September 28, 2022, EscapeWelt launched its Kickstarter campaign for its limited edition Force of Elements Puzzle box collection. Returning readers may remember the review of EscapeWelt’s House of the Dragon puzzle that we posted in May this year. I was glad to find that the company also wanted our opinions on their latest collection of puzzles.
Stories can transport you, move you and urge you to think deeply about their characters and plotlines. No doubt, storytelling is a powerful marketing tool for brands because it can help you connect with your audience on an emotional level. When you tell a compelling story, people are more likely to remember and relate to it. Stories can also help illustrate your brand’s values and mission. Some companies today do so using alternate reality games (ARGs) to create an air of intrigue around the brand.
We’ve talked a lot about how you can find love on dating platforms, from learning how their algorithms work to finding unique technological solutions to matchmaking. At this point, most of our readers know almost everything about finding a partner. But you might not know that, just like every other aspect of the internet, online dating is also plagued with scams.
In September 2022, the CEO of crypto company Celsius, Alex Mashinsky, resigned following the company going bankrupt amid the crypto crash. He declared, “I regret that my continued role as CEO has become an increasing distraction, and I am very sorry about the difficult financial circumstances members of our community are facing.” Celsius is just one of the many companies to undergo this event.
The Try Guys have emerged as some of the most famous breakout stars from the social media conglomerate BuzzFeed. Made up of Ned Fulmer, Keith Habersberger, Zach Kornfeld and Eugene Lee Yang, the Try Guys try out a wide variety of things, like cooking without a recipe and sewing without instructions, to name a few, to entertain their audience.
Hong Kong is well-known for its simple and low tax system. It adopts a territorial taxation system, which only taxes income earned in Hong Kong. Suppose a company derives onshore income by providing services locally and offshore income by sending its staff overseas to deliver the services. In this case, only the onshore income will be chargeable to Hong Kong tax.
Just when you thought everything under the sun had a twin in the metaverse, the U.S. military decided to make a metaverse of their own. On May 10, two fighter pilots in the U.S. used virtual reality (VR) headsets to simulate refueling an aircraft flying alongside them in the sky. Besides hanging out with friends or attending a fashion show, many are using the metaverse to simulate tasks that are too difficult, dangerous or expensive to experiment on in real life.
The past couple of years have been extremely difficult for the global startup ecosystem. According to U.S.-based financial services company Moody Analytics, global economic growth estimates have fallen to 2.7% as of September this year, compared to 4.2% in January. Not only has the world undergone a tremendous transformation due to the COVID-19 pandemic.
Innovation in clean energy, sustainable infrastructure and eco-friendly solutions to environmental hazards are the need of the hour. The burden on the world’s natural recourses is immense, and it is high time we focus on renewability and diversification. While we are only scratching the tip of the iceberg, here are three innovations working to create an environment-friendly future.
Apple has remained at the center of the smartphone industry for years. The sleek, striking design, ever-improving chip and robust camera system of the iPhone have made it one of the most sought-after smartphones in the world. This month, Apple cemented and extended its lead in the industry by putting forward the next generation of iPhones.
Have you ever entered a grocery store to buy some milk but ended up with a bag full of items you didn’t even need? You’re not alone if you feel guilty for spending more money than you intended. It’s not our fault that we keep putting items in our shopping carts; we are manipulated to do so! To make sure you buy more, retailers will go all the way to carefully engineer every aspect of their store.
Workplace trends like “hustle culture” and “quiet quitting” are shining the light on unhealthy, toxic work environments and their effects on employees. Hustle culture is when you feel like you have to work yourself to the bone and do way more than others all the time; quiet quitting, a counteragent to hustle culture, is about doing the bare minimum at your job instead of going above and beyond for an exploitative employer.
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