Author: Felix Richter

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Who’s to Blame for the US Fentanyl Crisis?

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While China has long been criticized for its failure to crack down on Chinese companies producing fentanyl precursors that often end up in Mexican drug labs, …

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China’s Role in the US Fentanyl Crisis

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Following a months-long investigation, the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party (CCP) released its findings regarding …

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The Five Pillars of the DOJ’s Antitrust Suit Against Apple

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Less than three weeks after the European Commission hit Apple with a €1.8 billion ($1.95 billion) antitrust fine for “abusive App store rules for music streaming …

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Buzz-Free Drinking? The Rise of Non-Alcoholic Beer

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As the brewing industry is still recovering from the aftershock of the Covid-19 pandemic, alcohol-free beer has become one of the bright spots in a troubled …

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America’s Favorite Pastime – And Barely Anyone Else’s?

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Millions of Americans rejoice over the return of Major League Baseball on March 28, marking the inofficial beginning of spring. With 26 teams scheduled to play …

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Is Baseball for Boomers?

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While baseball is often referred to as “America’s favorite pastime”, American football has long surpassed baseball as the nation’s favorite sport to watch. For several reasons, …

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Apple & Tesla: Dreadful Two Instead of Magnificent Seven

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Despite the fact that Wall Street’s hopes for a first rate cut in March turned out to be premature, markets were off to a flying start …

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US Sports Betting Boom: $120 Billion in One Year

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Five years after the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), sports betting continues to boom in the United States. According …

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The Impact of Terrorism Around the World

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According to the Global Terrorism Index 2024, a report by the Institute for Economics and Peace measuring the impact of terrorism around the world, deaths from …

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The Most Impersonated Brands in Email Scams

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We all know the emails: “Dear user, please click the following link to update your credentials. Otherwise your Office 365 account will be disabled.” “Please sign …

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Apple’s Tightly Knit iPhone Ecosystem

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For a long time, Apple has been known to tightly integrate its products and services, creating an entire ecosystem of devices that “seamlessly work together”, as …

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Streaming Drives Global Music Industry to New Highs

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2023 was another good year for the music industry. According to IFPI’s latest Global Music Report, worldwide recorded music revenues climbed 10 percent to $28.6 billion …

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Is the US IPO Market Coming Back to Life?

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Reddit raised roughly $520 million in its closely watched initial public offering on Wednesday. The social media company that hosts millions of online forums and makes …

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Japan Is the Largest Foreign Holder of US Treasuries

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The Bank of Japan’s decade-long fight against deflation and economic stagnation has resulted in near-zero returns at home, forcing Japanese investors to move their money abroad, …

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The Search For The Key to Happiness

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While the ultimate key to happiness has yet to be found, there are many different things that make people happy. While some find happiness and fulfillment …

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Inflation Progress Stalls as Housing Costs Continue to Rise

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Inflation in the U.S. edged up slightly in February, as rising housing costs continued to put upward pressure on the Consumer Price Index, while an increase …

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Is Christmas going to be less jolly for Americans because of inflation?

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  With everything that’s going on in the world, be it the war in Ukraine, the violent response to Iran’s protest movement, or, more domestically, the …

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Despite inflation, Americans still shelling out for this fancy Starbucks drink

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  In another sign that consumers keep spending money, undeterred by inflation, Starbucks reported record sales for its fourth fiscal quarter that ended October 2. The world’s largest …

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The shocking number of Americans who get their news from social media

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  Despite several studies finding that social media is rife with misinformation and widespread consensus that foreign actors tried to use social media to influence the past two …

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Adidas has 99 problems & Kanye is one

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  Ending a successful partnership dating back all the way to 2013, Adidas announced today that it’s cutting all ties with Kanye West, effective immediately. The …

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Refinance boom dies down as mortgage rates soar

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  For large parts of the past two years, mortgage refinancing has been booming, as historically low mortgage rates and surging home prices created an opportunity …

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Is America falling out of love with the NFL?

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  While baseball is often referred to as “America’s favorite pastime,” the NFL has long surpassed the MLB as the nation’s favorite professional sports league. For …

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Americans plan on spending less on these things because of inflation

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While Wall Street celebrated the slight cooling of inflation in July, the latest reading won’t be enough to ease the financial pressure on millions of households …

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9 things Americans say they can’t afford because of inflation

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With inflation at the highest level since 1981 and wages not keeping pace, many Americans are struggling to make ends meet. And while a fresh poll from Morning Consult and …

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Here’s where people are spending the most on summer vacations

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  As summer solstice marks the official beginning of summer in the Northern hemisphere, holiday season is quickly approaching. After two summers with subdued travel due …

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This region of the world apparently doesn’t like chocolate

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  Everybody loves chocolate, right? Well, not everybody, at least not to the same degree. According to data from Statista’s Global Consumer Outlook, there’s a huge gulf …

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Record number of guns seized at US airports last year

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  TSA agents at U.S. airports make unusual finds every day but some truly stand out. The Transport Security Administration published its list of the most unusual items …

FeaturedMoneySmall Business

Most Americans are (begrudgingly) back in the office

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  As society is gradually moving away from pandemic restrictions and protective measures, companies in the United States and internationally are, some more gently than others, …

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These Americans are suffering paycuts as inflation soars

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  Despite the Fed’s most aggressive interest rate hike since 2000, consumer prices continued to surge in May, adding to fears that inflation may be out …

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How big a bite is inflation really taking out of American savings?

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  As prices for everyday purchases continue to surge in the United States, many families struggle to make ends meet. And even among those who manage …