Just How Bad Is the US Cost-of-Living Squeeze? We Did the Math
[Consumer]
2023/12/04 09:04
After years of inflation, US consumers are shouldering a burden unlike anything seen in decades — even as the pace of price increases has slowed.It now requires $119.27 to buy the same goods and services a family could afford with $100 before the pandemic. Since early 2020, prices have risen about as much as they had in the full 10 years preceding the health emergency.It’s hard to find an are...
(Video) World’s Largest Zipper Producer Brings Water-Repellent Version That’s Recyclable
[Product]
2023/12/04 09:03
YKK partners with Empel to debut recycling compatible zipper.Zipper manufacturing giant YKK has revealed a new water-repellent zipper that has been designed to be compatible with garment recycling systems in a bid to remove barriers of textile-to-textile recycling and therefore reduce waste.DynaPel was produced through a collaboration with sustainable textile manufacturer Green Theme Technologi...
Neck Pillow Lounge™️ - For The Ultimate Travel Experience
[Product]
2023/12/04 09:03
The Neck Pillow Lounge combines the convenience of a neck pillow with the comfort of a lounge chair, bringing you a well-needed respite amid your respite. The two-in-one innovation swiftly transforms from a compact pillow to a full-sized personal lounge in just a few seconds, all without the need for any additional tools. A few swings to fill it with air ought to do it, turning it into a comfor...
(PDF) Mckinsey - China Consumption : Start of a New Era
[Business]
2023/12/01 09:10
Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.After an encouraging start in the first quarter of this year, second-quarter and third-quarter consumption data confirms what many in the industry have already come to accept: the era of double-digit growth in China’s retail sector is over.Third-quarter retail sales o...
(Paper) Google DeepMind AI Breakthrough Could Help Battery and Chip Development
[Tech]
2023/12/01 09:09
AI tool GNoME finds 2.2 million new crystals, including 380,000 stable materials that could power future technologiesModern technologies from computer chips and batteries to solar panels rely on inorganic crystals. To enable new technologies, crystals must be stable otherwise they can decompose, and behind each new, stable crystal can be months of painstaking experimentation.Today, in a paper p...
Pika Launches AI Video Editing App And Announces $55M In Funding
[Investing]
2023/12/01 09:08
Last winter, Demi Guo and several Stanford computer science Ph.D. classmates spent their winter break trying to make a movie using generative AI. Buzzy AI video editor startup Runway, which had just hit a $500 million valuation, was offering a $10,000 grand prize for the best submission to its inaugural “AI Film Festival” and they were confident they had a shot.But Guo’s team didn’t even pl...
(PDF) PwC : The Energy-Demand Opportunity : How Companies Can Thrive in The Energy Transition
[Business]
2023/12/01 09:07
Organizations face an energy trilemma involving costs, carbon emissions, and supply uncertainty. But energy system advances can help them create value and become more sustainable and resilient—by taking charge of their energy demand.Organizations worldwide spend more than US$10 trillion a year to meet their energy needs, and many stand-alone companies struggle under a heavy cost burden. In the...
Suntory Makes Multimillion-Dollar Investment in Beanless Coffee - Atomo Coffee
[Investing]
2023/12/01 09:06
Atomo uses dates and sunflower seeds instead of coffee beans. Seattle-based startup aims to reduce waste, deforestation.Beverage heavyweight Suntory Holdings Ltd. has made a multimillion-dollar investment in an eco-conscious coffee startup that uses dates and sunflower seeds instead of coffee beans.The exact amount was not revealed but Seattle-based Atomo Coffee Inc. said Thursday the investmen...
Jean-Michel Basquiat vs. Apple
[Investing]
2023/12/01 09:05
This surprising asset’s prices (handily) beat your favorite stocks It's not DUMBO real estate, rare electric vehicle metals, or Taylor Swift’s discography. In fact, you may have not even heard of this market. But it's a market that billionaires like Jay-Z and Ken Griffin have been clued into for decades: paintings by the famed artist Jean-Michel Basquiat. And now, for the first time, everyday...