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The American way of life or simply the American way is the unique lifestyle of the people of the United States of America. It refers to a nationalist ethos that adheres to the principle of life, liberty and the pursuit of happiness. At the center of the American way is the American Dream that upward mobility is achievable by any American through hard work. This concept is intertwined with the concept of American exceptionalism, the belief in the unique culture of the nation
Reading Time : 2minutesA recent study by Empower highlights a shift in how Americans define success, with 59% prioritizing happiness over wealth. Key indicators of success now include spending on joy-inducing experiences, free time for personal passions, and maintaining physical well-being. This holistic approach underscores a broader understanding of success, focusing on emotional fulfillment and quality of life rather than just financial gains.
Reading Time : 3minutesWith Brendan Carr at the helm of the FCC, space communications are poised for change. His leadership under Trump’s administration could mean a boom for satellite internet like Starlink, promising global connectivity. Yet, the surge in satellites raises concerns about space debris and governance. Carr’s tenure will define how we manage the increasingly crowded skies.
Reading Time : 2minutesDonald Trump, the president-elect, has announced plans for significant tariffs targeting Mexico, Canada, and China, set to take effect on January 20, 2025. A 25% tariff on imports from Mexico and Canada will remain until these countries address illegal immigration and drug trafficking, while a 10% tariff will be imposed on Chinese goods, with potential increases in the future.
Reading Time : 2minutesElon Musk’s X faces turmoil as users flee post-election, while advertisers eye a comeback. Over 115,000 users left in one day, many joining Bluesky. Brands may return to leverage political ties under the new administration. With ad revenue down 68%, X urgently needs to regain footing amid shifting dynamics.
Reading Time : 3minutesWalmart’s strong Q3 results have led to an optimistic outlook, with revenue hitting $169.59 billion and adjusted earnings per share at $0.58. The company has raised its fiscal year guidance, projecting net sales growth of 4.8% to 5.1%. The market responded positively, with shares climbing over 4% in premarket trading, reflecting investor confidence in Walmart’s strategies.
Reading Time : 3minutesFollowing Donald Trump’s election victory, the U.S. dollar has surged to its highest level since July 2024, driven by expectations of protectionist policies and fiscal stimulus. This rise has significantly impacted major currencies like the euro and yen, which have weakened against the dollar, raising concerns for emerging markets and global economic stability.
Reading Time : 2minutesThe recent Bitcoin surge to over $80,000 reflects political optimism, regulatory approval, and shifting market sentiment. With President-elect Trump expected to favor cryptocurrency, investors have responded with confidence. The approval of Bitcoin ETFs and the growing role of digital assets in mainstream portfolios solidify the role of cryptocurrencies in modern finance while leaving room for market volatility.
Reading Time : 3minutesTGI Fridays, once the ultimate singles bar turned family-friendly chain, has filed for Chapter 11 bankruptcy due to pandemic-related setbacks. With restaurant closures and industry-wide financial pressures, casual dining faces an uncertain future, as other beloved brands like Red Lobster also struggle to survive. Will the industry adapt, or is this the end of an era?
Reading Time : 2minutesPre-election anxiety is chilling consumer and business spending in America, with major sectors feeling the impact. As financial decision-makers pause investments, the anticipation around election outcomes and interest rates creates an atmosphere of uncertainty. However, future Fed rate cuts could provide relief once the election dust settles.
Reading Time : 2minutesIn fiscal year 2023, NASA generated an impressive $75.6 billion in economic output, nearly tripling its budget. This impact spanned all 50 states, supporting over 304,000 jobs nationwide. Major programs like the Moon to Mars initiative contributed significantly, driving innovation and job creation. Additionally, NASA’s activities produced approximately $9.5 billion in tax revenue, underscoring its vital role in fostering economic growth and technological advancements across various sectors.
Reading Time : 2minutesThe penny has outlived its usefulness, costing the US more to produce than it’s worth. Despite this, it persists, thanks to corporate lobbying and government inertia. While many Americans don’t see the coin’s value, arguments for keeping it revolve around low-income users and charities. However, other countries like Canada have successfully moved on from their one-cent coins. It’s time for the US to follow suit and end the costly production of these outdated tokens.
Reading Time : 3minutesNew York City’s shift to the Dining Out NYC program marks a significant change in outdoor dining regulations. Initially vital during the pandemic, dining sheds now face stricter guidelines, requiring modular structures and seasonal removal. While some restaurant owners welcome the order these rules bring, others struggle with the financial and logistical challenges. With fewer than 3,000 establishments applying for permits, the program’s impact highlights a potential shift favoring larger, resource-rich restaurants, raising questions about the future of outdoor dining in the city.
Reading Time : 2minutesThe Indianapolis Motor Speedway Museum is auctioning a collection of rare, historic cars, including a 1954 Mercedes-Benz W196 Streamliner valued at $50-70 million. Driven by legends like Juan Manuel Fangio and Stirling Moss, this car and others will fund the museum’s renovation and future exhibits. Among the collection are a 1964 Ferrari 250LM and a 1966 Ford GT40 MkII, marking one of the most significant auctions in automotive history.
Reading Time : 2minutes“Deadpool & Wolverine” has taken the box office by storm, shattering records and captivating audiences worldwide. Directed by Shawn Levy, the film reunites Ryan Reynolds and Hugh Jackman in a thrilling multiverse adventure, blending humor, action, and emotional depth. With an impressive opening and innovative marketing, it’s set to become the highest-grossing R-rated movie of all time.
Reading Time : 3minutesUS prosecutors have advised the Department of Justice to bring criminal charges against Boeing for allegedly violating a settlement linked to two fatal 737 Max crashes that killed 346 people. Ed Pierson, a former Boeing manager, highlighted ongoing issues with the 737 Max and 787 aircraft, attributing them to leadership failures. Recently, Boeing’s outgoing CEO, Dave Calhoun, faced criticism from US senators despite asserting improvements. Boeing’s reputation suffered further when a door panel fell off a 737 Max during a flight. The DoJ has until July 7 to decide on prosecuting the company.
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