February 15, 2018

For nearly a week, millions of people around the world have been tuning into the Winter Olympics broadcasting from Pyeongchang, South Korea. Like seemingly every edition of the games, figure skating has been one of the most watched events as stars like Adam Rippon and Mirai Nagasu take to the ice with incredible grace and skill. With everyone’s eyes on the athletes, though, your ears may have missed something new about the music that soundtracks these routines. For the first Continue reading

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February 2, 2018

When we last looked at Bitcoin in December, the cryptocurrency’s price had skyrocketed to about $16,500 after starting the year at just $985. At its peak a couple of weeks later, a single Bitcoin became worth a whopping $19,511. The ever-increasing success of the cryptocurrency and others like it convinced some investors that the future of money was taking shape before their eyes. Many remained wary of Bitcoin’s boom, however, fearing that the bottom could fall out at any time. Continue reading

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January 9, 2018

In the complicated world of global shipping, companies have traditionally relied on large cargo ships to ferry goods from overseas producers to domestic distributors. Recently, though, these enormous vessels just haven’t been quick enough for firms who need to send products to customers within a matter of days. These time-crunched companies often turn to air carriers that can move products faster but often with added costs. Along with simply being more expensive than cargo ships, increased demand also caused air Continue reading

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December 5, 2017

Over the last few years, bike-sharing programs have become commonplace in most of the world’s major cities. In New York, for instance, more than 10,000 Citibikes are available for visitors to ride at any time of day. All they need to do is find a docking station, pay a small fee to unlock a bike, and then return it to another kiosk whenever they’re finished. But some other cities aren’t nearly as orderly with their bike-sharing programs. In Wuhan, a Continue reading

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November 22, 2017

With airports and roads both packed with people, traveling during Thanksgiving week can be an unpleasant experience to say the least. And unfortunately 2017 won’t be any easier on weary holiday travelers: AAA estimates that nearly 51 million Americans will journey more than 50 miles over the course of the four-day weekend. That’s 1.6 million more people on the road than in 2016, a 3.3 percent increase that will make this year’s Turkey Day traffic the busiest since 2005.

This Continue reading

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November 17, 2017

Since Uber’s founding in 2009, the ride-hailing service has relied on tens of thousands of drivers that it considers to be independent contractors. Although this policy has been controversial from the start, executives claim it is a vital component of the company’s historic growth rate. After all, the money that Uber saves from paying employment benefits allows it to charge lower fares. That explanation simply isn’t good enough for many critics, however, who claim the company is depriving drivers of Continue reading

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November 16, 2017

For decades Black Friday has served as the country’s symbolic start to the holiday shopping season. Each year local news teams honor the event by turning their cameras onto the post-Thanksgiving crowds who gather in front of stores and wait patiently for the doors to swing open. Once inside, some deal-seeking shoppers frantically seek out products before anyone else can get to them, occasionally leading to arguments or even fights.

Of course, this perspective on Black Friday may be more Continue reading

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November 10, 2017

Even before the release of the Paradise Papers this week, Apple has faced plenty of criticism over the years for exploiting foreign loopholes to avoid paying taxes. The most prominent example of this occurred in 2013 during a Congressional inquiry of CEO Tim Cook. A Senate committee brought in the executive for questioning after they discovered Apple had hidden billions in taxable income through a series of “ghost companies” in Ireland. Cook admitted nothing, however, telling legislators, “We don’t depend Continue reading

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November 9, 2017

This week a group of investigative journalists released an enormous cache of leaked documents called the Paradise Papers. Like last year’s Panama Papers incident, these records detail the offshore financial activities of some of the world’s richest people and companies. But while 2016’s leak focused mainly on the tax avoidance strategies of foreign entities, the Paradise Papers are full of names that will be familiar to Americans. The video below provides a quick overview of this complex story. Tomorrow, we’ll Continue reading

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November 3, 2017

When we took a look at Bitcoin in August, the cryptocurrency had just reached a record value of more than $4,000. Since then it has only continued to grow in worth, topping out $7,200 this week. Many experts now say that Bitcoin and other blockchain-based currencies could be the future of money, even though most consumers have no clue how they work. This longform video tries to remedy that problem by comparing Bitcoin with the stone ring currency system used Continue reading

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