ECONOMY

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Oct 23 2024HEALTH

The Ups and Downs of Knoxville's Baptist Hospital

In 1943, Knoxville was desperate for more hospital beds. That's when the idea for a Baptist Hospital came up. The plan was to build a 200-bed hospital for around $1 million. But remember, this was during World War II, and things were pricey. The hospital's financial struggles started right from the

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Oct 22 2024BUSINESS

Connecting Creators & Brands: A New Way to Partner Up

In the ever-growing creator economy, brand partnerships are a top way to earn money. While other methods like affiliate links and subscriptions exist, the challenge lies in matching brands with the right creators. Enter Passionfroot, a Berlin-based startup aiming to streamline this process. Founded

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Oct 22 2024POLITICS

Trump's Trade and Immigration Plans: Are We Heading Back to Inflation?

As the U. S. prepares for a potential second Trump presidency, it's essential to consider how his policies might impact the current economic landscape. Specifically, his protectionist stance on trade and immigration could reignite inflation, undoing recent economic progress. Trump's proposal to rais

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Oct 22 2024FINANCE

Why Mary Daly Thinks Lower Rates Are Still on The Table

At the TechLive conference in Laguna Beach, California, Federal Reserve Bank of San Francisco President Mary Daly shared her thoughts on the future of interest rates. Daly believes that the Federal Reserve should keep reducing interest rates to protect the labor market from any further decline. She

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Oct 20 2024POLITICS

Lizzo's Detroit Dream: A Country Transformed?

Pop star Lizzo sparked a conversation online after she suggested that if Kamala Harris becomes president, the entire country might look more like Detroit. She made the comment during a rally for Harris in Detroit, where the city’s resilience was a major topic of discussion. Lizzo seemed to be puttin

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Oct 20 2024LIFESTYLE

How America's Cars Reflect Who We Are

Ever wondered how America’s love for cars shapes our identity? Let's dive into the fascinating world of automobiles and discover what our car choices say about us. Did you know the US has more cars per person than any other country? This isn't just about transportation; it's about who we are. From c

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Oct 19 2024BUSINESS

China’s Property Sector Gets a Half-Trillion Dollar Boost, But Is It Enough?

China recently poured half a trillion dollars into its struggling property sector. Experts, however, aren’t convinced this is enough to turn things around. The move comes after a summer of poor economic data, raising fears that China might miss its growth target. Leader Xi Jinping finally rolled ou

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Oct 18 2024FINANCE

China's Economy: Slow Growth, But Hope on the Horizon

China's economy grew by just 4. 6% in the third quarter, the second quarter in a row to miss the government's target of 5% growth for 2024. Weak consumer spending, a struggling property market, and slower industrial output are to blame. Retail sales grew by 3. 3%, down from 3. 7%, and industrial pro

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Oct 18 2024FINANCE

Why Finance Pros Are Leaving China's Sluggish Industry

Are you curious about what's going on in China's financial industry? Lots of people are changing careers! It's not just about the economy being slow. Things are tough for finance pros with new rules coming in and salaries going down. Even investors aren't happy. Some financial professionals like Xu

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Oct 18 2024BUSINESS

China's Economy: Stable Growth, More Stimulus

China's economy grew by 4. 6% in the third quarter, the slowest pace in six quarters. This news came with a surprise: the country's central bank announced two new programs to boost the stock market. These programs could inject around $112. 6 billion into the market. This happened even as China's sta

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