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Can this Biden bill help solve the microchip shortage?
U.S. President Joe Biden is expected to shortly sign into law the Chips+ bill, aimed at increasing the competitiveness of the U.S. microchip industry, alleviating dependency on Greater China and the...
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US entered a ‘technical’ recession in Q2
The U.S. economy entered a technical recession in the second quarter of 2022. The real GDP of the country shrunk by 0.9% in Q2 according to preliminary numbers released Thursday by the Bureau of...
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World’s highest grossing retailers (no, Amazon isn’t at the top)
Walmart is the top-selling company in the world, turning over around $573 billion in annual revenue. This is according to the Statista company database Company DB. The company in second place,...
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The biggest lottery payouts in US history
A single ticket purchased in Chicago suburb Des Plaines won the $1.337 billion Mega Millions jackpot in a July drawing. The winning ticket was purchased at a Speedway gas station, but this is all the...
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Is the US really facing stagflation?
After the United States recorded two consecutive quarters of negative growth in Q1 and Q2 of 2022, the Biden administration was quick to point out that the development – even though it constitutes a...
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US prescription prices are much higher than other countries
Depending on the country of comparison, U.S. residents are paying twice as much, three times as much or even more for their prescription drugs. Research by Rand Corporation has found that U.S....
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The surprising country where people drink the most beer
Some countries love drinking beer while others are more inclined to supply the rest of the world by exporting their brews. Again others are gladly accepting this offer as they seem to prefer imports...
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Here’s where people spend the most on prescription drugs
When it comes to the expenditure on pharmaceuticals across OECD countries, the United States spends much more than other industrialized nations that are part of the organization. You will find more...
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Don’t understand the Inflation Reduction Act? This graphic can help
The Inflation Reduction Act is what is left of the centerpiece of the Biden administration’s agenda — introduced in 2021 and dubbed the human infrastructure bill then. The much larger package failed...
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Will 2024 be the year of the third-party candidate?
Anyone running as a third-party candidate or Independent for federal office in the U.S., let alone the presidency, is certainly facing long odds. Still, generations of Americans have not tired of...
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Here’s how many Earths we’d need if everyone lived like Americans
If the citizens of the world lived like those of the United States, the resources of more than five full planets would be needed to satisfy the global need for resources every year. This data is...
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This is how many foreign-born politicians are in Congress
Republican Mayra Flores has been called as the winner of a special election in Texas’ 34th Congressional District, flipping the seat and making her the first Mexican-born woman ever to be elected to...
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The countries where monarchs still ‘rule’
Queen Elizabeth II died Thursday at the age of 96 after ruling over England for 70 years, the second-longest serving monarch in history. But it wasn’t just England where she served as head of state....
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America’s fastest drive-thrus
Taco Bell is the fast food chain that has the fastest drive-thrus in America. According to a study done by industry publication QSR, Taco Bell customers have to wait an average of 4 minutes and 28...
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Timeline: What happens next with the royal family?
The death of Queen Elizabeth II of England has not only caused an outpouring of condolences as many in the UK and the world are mourning, it has also set into motion an elaborate schedule of events...
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How many hurricanes have hit America?
Hurricane Ian hit the West Florida coast close to Fort Myers, causing widespread destruction, flooding and power outages. Upon making landfall at offshore island Cayo Costa, Ian was classified as a...
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Will Republicans take the House in the mid-term elections?
With the midterm election just a few weeks away and early voting already underway in many states, Republicans are projected to win back the House of Representatives, while the Senate is still a...
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The world’s most at-risk cities for a housing bubble
Canadian city Toronto was found to have the highest risk of a housing bubble developing in a recent survey released by investment bank UBS. Other cities at a high risk were Frankfurt, Hong Kong,...
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These are America’s favorite holiday traditions
Christmas is the time to be merry – for most this means sharing a good time with friends and family, but indulging in food, presents and TV is also a way for many to feel cheerful. Four-fifths of U.S....
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Who are influencers and where did they come from?
Most people trust the opinion of their social circle when making purchasing decisions. As data from Statista Consumer Insights shows, many also trust the friendly people who freely share their lives...
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