The United States stands proudly atop the global roster of wealth, with a staggering 23.8 million millionaires as of 2024. But beneath this shiny veneer lies a complex economic landscape, riddled with contradictions and challenges. While the incoming data from UBS portrays a thriving millionaire pool, it also serves as a stark reminder of the
Business
In a surprising move that could redefine the competitive landscape of pickup trucks, Ram Trucks has announced an unprecedented warranty for its 2026 vehicle lineup. The new warranty promises coverage for an impressive 10 years or 100,000 miles, a substantial upgrade from the industry-standard five years or 60,000 miles that has long dominated the market.
In an audacious move that exemplifies a shifting landscape in the world of premium credit cards, JPMorgan Chase has elevated the annual fee for its coveted Sapphire Reserve card to a staggering $795—a leap of 45% from its previous rate. While this increase sends shockwaves through the financial ecosystem, it also poses a critical question:
The air is thick with tension as JPMorgan Chase and American Express gear up for a fierce showdown in the premium credit card arena. Following JPMorgan’s recent announcement of a revamped Sapphire Reserve, American Express has fired back, hinting at “major” changes to its longstanding Platinum card. With both giants raising the stakes, one wonders
In a world where commercial air travel is a lifeblood for many economies, it is alarming to witness the increasingly pervasive impacts of geopolitical tensions. With Israel’s recent missile strike on Iran prompting a flurry of flight cancellations and diversions, airlines are being forced to rethink their operations in a volatile region. The instinct of
In a groundbreaking development, the WNBA has entered into a significant multi-year agreement with E.W. Scripps, which sets the stage for a dedicated Friday night showcase on Ion. By creating a weekly broadcast show solely focusing on the WNBA, the league is not just making a statement but is also positioning itself for maximal exposure.
In a significant yet ambivalent move, the FDA has granted approval to Merck’s latest innovation, a monoclonal antibody shot named Enflonsia, intended to combat respiratory syncytial virus (RSV) in infants. While many celebrate this as a breakthrough in public health, the implications of this development are far more complex when scrutinized through a liberal lens
As the echoes of President Donald Trump’s promises to resurrect manufacturing jobs ring hollow, one crucial sector is battling a silent but dire crisis. The American aviation industry, long regarded as a symbol of technological advancement and economic vitality, is facing an impending catastrophe regarding its workforce. An overwhelming 25,000 skilled aircraft technicians are predicted
In an age where air travel is more accessible than ever, a troubling contradiction is emerging: while airplane tickets are increasingly affordable, the luxurious sanctuaries of airport lounges are becoming elite enclaves reserved for the privileged few. Capital One’s recent policy changes, restricting access to its Venture X and Venture X Business cardholders, underscore this
The used vehicle market experienced a notable shift in pricing dynamics last month, showcasing a drop from the surging highs seen in April. As consumers, initially anxious about the impact of tariffs on new car prices, rushed to secure used cars, they inadvertently contributed to a subsequent easing of prices—a situation that many economists, from