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This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. BI Intelligence The US prepaid card ecosystem is huge, with 10.7 billion prepaid card transactions made in 2016 reaching $ 290 billion. And it’s shifting focus from low-income, un- and underbanked […]
A federal appeals court ruled Thursday that the Trump administration endangered public health by keeping the widely used pesticide chlorpyrifos on the market despite extensive scientific evidence that even tiny levels of exposure can harm babies’ brains.
FROM Auckland to Amsterdam, Sydney to San Francisco, house prices in the best locations have gone through the roof. The Economist’s new house-price index covers 22 of the world’s most vibrant cities (see table). They are home to 163m people, with an economic output equal to Germany and Japan combined. The average price of a […]
Mark Brake/Getty Images Tesla laid out an unprecedented plan to go private at $ 420 per share on Wednesday, sending Wall Street into a flurry. Shares skyrocketed more than 10% following the announcement, which came as a cryptic tweet. When it comes to the specifics of the potential news, Wall Street has more questions than answers […]
The trillion-dollar ceiling has been broken. So who’s going to pay for it? (credit: Ars Technica) Apple, the company Steve Jobs and Steve Wozniak founded in 1976 in possibly not a garage, became the most valuable company in the world in 2012, passing Microsoft as iPhone sales pushed the company into the stratosphere. Today, Apple’s […]
Enlarge (credit: Thomas Claveirole) PC sales were up year-on-year in the second quarter of 2018, the first such increase since the first quarter of 2012. Market research firms Gartner and IDC both reported growth in the market, of 1.4 and 2.7 percent, respectively. The two companies track numbers differently: Gartner includes Windows-based tablets but excludes […]
Losing room for manoeuvre IT USED to be said that America’s shale producers were the new “swing factor” in global oil markets. It turns out that role is being taken by America’s president. At a time when oil prices are at three-and-a-half-year highs, markets are being buffeted by three countervailing forces unleashed by President Donald […]
COMPETITION forces companies to keep prices low to attract customers. But if a few firms become powerful enough, they can see off competitors and charge more. A new working paper by Jan De Loecker of the University of Leuven and Jan Eeckhout of University College London presents evidence that this is happening across the rich […]
Trump said Saudi Arabia will boost oil production by 2 million barrels per day. But analysts have predicted Saudi Arabia will add as much as 800,000 to 1 million barrels per day. Saudi Arabia is unlikely to use up most of its spare capacity, and an output increase of that size would take a long […]
Twitter / Cantor Relief The mysterious volatility trader known as “50 Cent” appears to have made some new bets this week that the stock market will see turbulence over the summer. The trades match a growing sentiment across Wall Street that the stock market could be in for a rocky ride over the next few […]
