Generation Z is drowning in a storm of financial despair, with a staggering 49% weighing down their ambitions with feelings of futility for future planning. As the first members of this cohort inch into their late 20s, “Why bother?” seems to be a prevailing mantra. Financial advocate Courtney Alev taps into the psyche of these
Finance
Amid escalating global tensions, a momentous phone call between U.S. President Joe Biden and Chinese President Xi Jinping failed to resolve a critical issue: the escalating shortage of rare earth minerals. A situation that not only threatens the production of cars but also jeopardizes the very backbone of modern technological advancement is unfolding dangerously. Rare
In a world seemingly fixated on the dramatic standoff between the U.S. and China over artificial intelligence, there’s a quietly surging wave that could redefine not only industries but also global power dynamics: biotechnology. While discussions often orbit around AI and semiconductor supremacy, a critical shift is underway as China races ahead in biotech—a sector
The ongoing trade tensions between the United States and China have reached a troubling standstill, marked by a mixture of bravado and uncertainty. President Donald Trump’s assertion that making a deal with Chinese President Xi Jinping is “extremely hard” underscores a significant challenge in U.S.-China relations that goes beyond mere economic calculus. This situation epitomizes
Klarna, the Swedish fintech recognized primarily for its “buy now, pay later” (BNPL) services, is boldly stepping into uncharted territory with the launch of its Visa debit card, aptly labeled the Klarna Card. This initiative marks a significant shift in the company’s trajectory, aiming not just to expand its product offerings, but crucially, to reshape
Investors are currently facing an unnerving reality in the bond market. The insisting fluctuations in bond yields are sending ripples of anxiety throughout the financial community, forcing observers to rethink traditional investment strategies. In the past, long-term bonds have been viewed as a sanctuary; however, an uncomfortable combination of economic uncertainty and fluctuating market performance
The recent declaration by Treasury Secretary Scott Bessent, indicating that U.S.-China trade talks are “a bit stalled,” raises a significant alarm bell. In an age where global dynamics shift with a tweet, one has to wonder if a stalemate signifies more than just a temporary bump on the road; it could be a full-blown crisis
In a breathtaking turn of events, China’s electric car market finds itself engulfed in a fierce price war, led by industry titan BYD. The company recently slashed prices of several lower-end battery-only and hybrid models by nearly 30%, thrusting the market into a state of palpable anxiety. The price cut on BYD’s Seagull, now retailing
In a surprising turn of events, Starling Bank, the prominent British online lender, has unveiled a striking decrease in its annual profit—a telling sign of underlying systemic issues that have surfaced as the dust from the COVID-19 pandemic begins to settle. Reporting a significant profit plunge of nearly 26%, Starling’s current predicament can be attributed
Xiaomi, a brand synonymous with budget-friendly smartphones, is making significant strides in the competitive electric vehicle (EV) sector. Fresh off the launch of its first electric car under a year ago, the tech giant has unveiled its bold contender—the YU7 SUV. This launch isn’t just another entry into a packed marketplace; it’s a calculated shot