In an unexpected yet strategic maneuver, Meta, the parent company of Facebook, has announced a significant change at the helm of its Global Affairs division. Effective in the near future, Nick Clegg, the current president of Global Affairs, is stepping down to make way for Joel Kaplan, the existing vice president of policy. This decision
New Year’s Day 2025 marked a significant resurgence in box office earnings, generating an impressive $42.9 million from all movies. This figure represents the highest revenue recorded for the holiday after the challenges posed by the COVID-19 pandemic. In comparison, the same day in 2022 saw a gross of $40.2 million, with “Spider-Man: No Way
As the calendar page turns to 2025, the U.S. stock market is poised for a positive start, driven by fresh expectations from investors who are keen on both a new political administration and potential interest rate reductions. Significantly, anticipation is mounting that these changes could invigorate corporate performances and stimulate the economy. Early indicators reflect
As 2024 drew to a close, Asian stock markets exhibited a noticeable downturn, mirroring the lackluster performance observed on Wall Street. This decline was particularly evident following a disappointing year-end rally, often referred to as a “Santa Rally.” The optimism usually associated with the holiday season failed to materialize, contributing to an overall negative sentiment
Box office success is a vital measure in the film industry, painting a vivid picture of audience preferences over decades. Since 1977, various cinematic trends have emerged, with certain genres repeatedly attracting large audiences. This article will delve into the highest-grossing movies at the North American box office, shining a light on the dominant genres,
The restaurant industry in the United States faced substantial challenges in 2024, ultimately resulting in widespread closures and an uptick in bankruptcies. Amidst inflation-driven consumer hesitance and a notable decline in restaurant patronage, chains across the country undertook rigorous measures to adapt to the shifting economic landscape. This article explores the overall state of the
As we look ahead to 2025, one of the most pressing concerns on the horizon is the potential strike by port workers scheduled for January 15. This anticipated disruption is rooted in ongoing disputes surrounding automation in the shipping industry. Should this strike materialize, it could create serious bottlenecks in global supply chains, with Wolfe
In a recent analysis, Goldman Sachs economists have underscored key inquiries that will shape the U.S. economic landscape by 2025. Foremost among these is their optimistic projection for GDP growth, which is anticipated to reach 2.4%. This figure exceeds the broader consensus of 2.0% and is attributed largely to factors such as strengthened domestic private
In 2024, Macau, the universe’s largest gambling destination, witnessed a remarkable surge in its casino revenues, rising nearly 23.9% from the previous year to 226.8 billion patacas (approximately $28.35 billion). This impressive statistic, however, comes with a caveat: it still falls short of pre-pandemic figures, which stood at 292.5 billion patacas in 2019. Despite the
In an unprecedented financial pivot, Abu Dhabi’s Mubadala Investment Company has emerged as a frontrunner in the global sovereign wealth landscape, capturing roughly 20% of the staggering $136.1 billion spent by sovereign funds worldwide in the past year. This dynamic shift has marked a significant milestone, as Mubadala not only surges ahead of Saudi Arabia’s