Category: Economy
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YouTube and Instagram Redefine the Popularity of Video Services in 2024
Recent research from Omdia found that YouTube continues to dominate as the most popular video service globally, while Instagram has surpassed Netflix and TikTok in the U.S., establishing itself as the second most popular video service among American users. According to Omdia’s latest consumer research, YouTube maintains its position at the top of video streaming…
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Each Real Lost to Fraud in Brazil Costs Companies R$ 3.59, According to Recent Study
LexisNexis Risk Solutions has released the findings of its study ‘The Real Cost of Fraud 2023 – Latin America’. The annual report, based on research conducted by Forrester Consulting, reveals that companies in Latin America now face a fraud cost 3.9 times the nominal value lost in fraudulent transactions. In Brazil, 59% of companies reported…
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Apple is revealed as the world’s first trillion-dollar brand
Apple reaches a historic milestone, becoming the first brand in the world to be valued at one trillion dollars, according to the newly released Kantar BrandZ 2024 Most Valuable Global Brands Report. Retaining the No.1 position for the third consecutive year, Apple is joined at the top of the ranking by Google, Microsoft, and Amazon,…
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Lula Sanctions Taxation on International Purchases Up to $50
President Luíz Inácio Lula da Silva sanctioned a law on Thursday (27) that establishes taxation on international purchases up to $50 (approximately R$ 250), which were previously exempt from import tax. The new text includes a 20% charge on the value of purchases within this limit, which are very common on international sites like Shopee,…
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How Much Does It Cost to Raise a Child in the U.S.?
The average cost of raising a child in the United States, from birth to age 17, has increased by 16% since 1960. In 1960 (when this data was first collected), average-income couples spent an average total of $259,711 on a child by age 17, adjusted for inflation to 2023 dollars. In 2015 — the most…
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Why Are Car Payments Still So High?
Car payments have skyrocketed in recent years due to a combination of high prices and interest rates. While some relief may be on the horizon, industry experts say prices could remain elevated for some time. In May, customers paid an average of $760 per month for a car loan, according to Moody’s Analytics. Although this…
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A Cream Called ‘Brazilian Bum Bum’ Is Gaining Popularity Among American Teenagers
One of the most coveted beauty products among American teenagers right now is a creamy lotion called ‘Brazilian Bum Bum Cream’, sold for $48 by the beauty brand Sol de Janeiro. According to the company’s website, which is not Brazilian, the lotion has a pistachio scent and “helps to visibly smooth and firm the appearance…
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Lula Will Allow Casinos in Brazil
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in Arts & Culture, Brazil, Business, Economy, Entertainment, Geral, In Focus, Inside, Politics, TourismBrazilian President Luiz Inácio Lula da Silva said on Friday (June 21) that he will sanction the bill that legalizes casinos and gambling in Brazil. In his view, however, this is not “what will save the country” in terms of revenue and job creation. In an interview with Rádio Meio Norte in Teresina, in the…
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Lula Says He Will Legalize Casinos and Gambling
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in Arts & Culture, Brazil, Business, Economy, Entertainment, Geral, In Focus, Inside, Politics, TourismPresident Luiz Inácio Lula da Silva stated this Friday (21) that he is likely to sanction the bill proposing the legalization of casinos and gambling, such as bingo and jogo do bicho, in Brazil. However, for Lula, this is not “what will save the country” in terms of revenue and job creation. In an interview…
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Regional Themed Amusement Parks in the U.S. Are Making a Comeback
If you’ve ever begged your parents for a trip to Disneyland, only to find yourself sliding down a waterslide two hours from home, you’ve likely visited a regional theme park. And to the dismay of Disney-loving kids around the world, they are becoming increasingly common as consumers look to travel more and spend less, according…