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Food prices see 25% annual rise amid vegetable shortages in UK supermarkets

March 23, 2023 7:40 am
Shoppers across the United Kingdom have had to limit the number of fresh fruit and vegetables in their trolleys over the past two weeks, as some of the biggest supermarket chains in the country have rationed their sales of salad vegetables. The latest consumer price index (CPI) rose by 10.4% in the twelve months, while […] Read more

Oscars 2023: The highest-paid actors ranked by earnings per minute of screen time

March 21, 2023 9:40 am
It is no secret that actors and actresses, especially famous ones, are among the highest-paid people on the planet. Their job is often physically, mentally, and emotionally challenging and requires a lot of preparation and great personal sacrifices, and earning a considerable amount for months of shooting, seven days a week without a break, sometimes […] Read more

1331 tornadoes across the U.S. caused $1.15 billion in financial damages last year

February 23, 2023 1:12 pm
More than 1,200 tornadoes hit the United States each year, incurring millions of dollars worth of damage, destroying towns, roads, and critical infrastructure, injuring and killing hundreds of people. Their winds, often reaching speeds of up to 200 mph, hold a devastating power that can lift people and vehicles in the air, rip buildings off […] Read more

BlackRock’s Equity AUM shrink 17% YoY, while MSCI World Equity Index plunges 19.76% in 2022

February 15, 2023 10:44 am
2022 has been detrimental for global equity markets. A plethora of factors ranging from inflation reaching a multi-decade high and rapidly-rising interest rates to the war in Ukraine triggered a sizable sell-off across stock markets, wiping trillions of dollars of value. The MSCI All-Country World Equity Index, which reflects the performance of Equities across 23 […] Read more

The most expensive Super Bowl ads as of 2022 and what to expect in 2023

February 7, 2023 1:46 pm
Super Bowl, the final playoff in the National Football League, is one of the most long-awaited and watched events in the United States. Data shows that the event had 99.18 million viewers in 2022. Due to the astonishing number of viewers this sporting event attracts, many companies use the opportunity to advertise their products. During […] Read more

College enrolment in the U.S. could drop below 17 million in 2023

February 2, 2023 10:57 am
Supply chain shortages have been one of the biggest issues for the US industry over the past few years. The pandemic, the war in Ukraine, and the over-reliance on China, all rightfully blamed for the lack of raw materials, semiconductor chips, and car parts actually shed some light on a domestic problem that has been […] Read more

Companies That Laid off the Most Employees in 2022

January 17, 2023 9:28 am
Some of the world’s largest companies announced massive layoffs this year, with hundreds of thousands of people losing their jobs. This wave of workforce cuts was particularly evident in the U.S. tech sector where software, consumer technologies and social media giants laid off a total of 154,336 employees. One of the notable reasons behind this […] Read more

The US states with the lowest house prices as per Q3 2022

November 10, 2022 12:36 pm
US house prices, on average, have been rising at a rapid pace, with growth being about 30% during the period 2020-2022 alone. Considering the inflation and recession fears already in place, the rising housing prices just add to the discontent of the US citizens. Yet, after the Federal Reserve began to raise the target range […] Read more

Large variations in grocery prices across major US chains – up to 41% difference in some food categories

September 26, 2022 2:21 pm
Driven by falling fuel prices and the tightening policies, introduced recently by the Federal Reserve, inflation is finally slowing down in the U.S. However, grocery prices in the U.S. remain sky-high – data by the U.S. Bureau of Labor Statistics revealed food-at-home soared 13.5% in August, the largest annual increase since March 1979. Despite the […] Read more