The rapid resurgence of market confidence following a significant global sell-off in risky assets has raised red flags for Christian Mueller-Glissmann, the head of asset allocation research at Goldman Sachs. While the markets experienced a sharp decline at the beginning of August due to fears of a possible U.S. recession and disruptions in popular “carry
In a time when many companies in the toy industry are facing challenges due to an inflation-fueled sales slump, Lego has managed to shine through. The Danish toymaker reported a remarkable 13% revenue jump in the first six months of 2024, reaching 31 billion Danish krone, or about $4.65 billion. This growth is attributed to
A recent comprehensive study has shed light on the association between meat consumption and the risk of developing type 2 diabetes. The study, conducted by an international team of researchers covering 20 countries, revealed some compelling findings regarding the impact of processed and unprocessed red meat on diabetes risk. The research indicated that consuming 50
Former President Donald Trump and Vice President Kamala Harris have both put forth economic proposals that aim to shape the future of the country’s economy. According to a pair of studies from the nonpartisan Penn Wharton Budget Model, Trump’s proposals would increase federal deficits by $5.8 trillion over the next decade, while Harris’ proposals would
A cohort study involving over 100,000 Medicare beneficiaries newly diagnosed with depression revealed that the use of first-line antidepressants was correlated with a decreased risk of falls and related injuries among older adults. The study reported adjusted hazard ratios ranging from 0.74 to 0.83 for various first-line antidepressants, such as bupropion (Wellbutrin) and escitalopram (Lexapro),
Former President Donald Trump has made an unexpected move by including his former campaign rival, Robert F. Kennedy Jr., and former Democratic Rep. Tulsi Gabbard in his presidential transition team, as confirmed by a spokesman on Tuesday. Kennedy and Gabbard recently endorsed Trump in his current race against Vice President Kamala Harris in the upcoming
Argentina has recently made headlines with its decision to incorporate the study of Ethereum into the high school curriculum in Buenos Aires. This bold move is a part of the country’s larger efforts to equip the next generation with knowledge and training in emerging technologies. By partnering with the ETH Kipu Foundation, the local education
The world has witnessed a staggering increase of 95% in the population of crypto millionaires over the past year. This surge is attributed to the exponential rise in bitcoin exchange-traded funds and other crypto assets. A recent report by New World Wealth and Henley & Partners reveals that there are now 172,300 individuals globally who
In today’s digital age, the demand for artificial intelligence (AI) is skyrocketing, leading to an increased need for powerful processors and efficient cooling systems in data centers. Sustainable Metal Cloud (SMC) is paving the way for the future with its innovative approach to data center cooling technology. By operating “sustainable AI factories” consisting of HyperCubes
The global population growth that has been steadily increasing for decades is starting to show signs of wavering. Surprisingly, it is now projected that the global population could peak much earlier than previously expected, potentially reaching over 10 billion by the 2060s but then beginning to decline. This shift is already noticeable in wealthier countries,