Tag: economics

insider-business News & Politics

How Uber Uses AI To Charge You More 0 (0)

Uber once sold riders on a simple promise: Order a car right from your phone for less than a taxi. One major change happened behind the scenes: up-front pricing. Instead of relying on a predictable rate based largely on time and distance, Uber now uses algorithms and a range of real-time factors to determine what riders pay and what drivers earn. Since then, prices have risen dramatically. From 2018 to 2022, average Uber fares in the US rose 83%, nearly four times the annual rate of inflation. And when Business Insider employees requested the same UberX ride at the same [See More…]

insider-business News & Politics

Breaking Down My $159,000 Salary In Brooklyn, New York | Cost Of Living 0 (0)

Devonte Duncan, 27, lives in Brooklyn, New York, and works as a software engineer at a tech company, earning $159,000 a year. After reaching a six-figure salary, his spending quickly caught up with his income and led him into debt. Now, Devonte takes a much more deliberate approach to his finances, balancing stricter budgeting with a lifestyle that still allows him to enjoy his money. In this episode of Cost of Living, Devonte breaks down exactly how he earns, spends, budgets, and invests while living in one of the most expensive cities in the US. For more from Devonte: http://www.youtube.com/@doseofdevy [See More…]

News & Politics SloppBoxx Live

BREAKING: Trump says deal has been reached to delay tariffs on Canadian imports 0 (0)

We are learning more this Tuesday night as President Donald Trump says he will be delaying tariffs on $20 billion worth of Canadian imports. This reportedly comes after the two countries reached a deal just hours before the sanctions were to begin. “I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” Trump said on social media less than two hours before the 12:01 a.m. Wednesday deadline. Subscribe to LiveNOW from [See More…]

insider-business News & Politics

How Ferrero Makes Millions Of Chocolates In America 0 (0)

We went behind the scenes to see how Ferrero, an Italian company, is building a confectionery empire in the US, from spending billions on buying iconic American brands, to investing in new factories and an R&D lab, and even creating a new Nutella flavor specifically for Americans. Read “Nutella’s empire is making a multibillion-dollar play for America’s snack market”: https://bit.ly/3SCDqSs 00:00 – Intro 01:42 – Inside the Franklin Park Factory 02:01 – Buying American Brands 06:47 – Investing In R&D 09:23 – How Nutella Was Invented 10:18 – Nutella Peanut 11:10 – Ferrero’s Ingredient Sourcing 12:50 – Ferrero’s Bloomington Chocolate [See More…]

insider-business Travel & Events

Meet The Professional Mermaid Inspiring Adults To Play Again 0 (0)

Sponsored by 2026 Toyota RAV4 Redefining Adulthood spotlights people who’ve discovered that making time for the things they love doesn’t distract from adulthood; it enriches it. Whether through a hobby or a career, their passions have led to purpose, community, and a life that’s uniquely their own. In this episode, meet Néa Dune, a professional mermaid, certified free diver, and ocean conservationist who transformed a childhood fascination into an unconventional career. What began with a homemade tail has grown into a life dedicated to teaching aspiring mermaids, advocating for marine ecosystems, and helping others rediscover the power of imagination and [See More…]

insider-business News & Politics

9 Ways Everyday Life Is Becoming More Expensive 0 (0)

Business Insider has spent years covering the stories behind why certain items, services, and experiences are getting more expensive, and the reasons behind higher price tags aren’t always what you think. Airports have rules to keep prices in check, but our investigation uncovered that mandatory price audits aren’t always accurate. US sports stadiums typically don’t have rules capping concession prices, though some lawmakers are attempting to change that. And subscriptions are everywhere, transforming the economy from one where we own products to one where we can rent just about anything. We dug deep to understand nine aspects of everyday life [See More…]

insider-business News & Politics

On The Ground Inside Ukraine’s Secret Uncrewed Weapons Revolution | Dispatch 0 (0)

The world can’t keep up with the pace of military tech innovation in Ukraine, triggering a global rethink of how wars are fought. We were given rare access to units already fighting the war of the future — with high-speed interceptors and semiautonomous naval drones. We also saw the uncrewed ground robots designed to replace humans inside the “kill zone” and bomber drones using AI to swarm the enemy. Also read “Inside Ukraine’s war robot revolution”: https://bit.ly/4fKEA71 and “Ukraine’s war drone pilots must first survive the ‘Killhouse’”: https://bit.ly/4pwwqCJ 00:00 – Intro 01:35 – The Inteceptor Revolution 06:13 – When Russian [See More…]

News & Politics SloppBoxx Live

BREAKING: Trump slaps Canada with 50% tariff over alleged trade ‘discrimination’ 0 (0)

We are now learning this Monday that the Trump administration is planning to impose a 50% tariff on certain Canadian imports. This comes as members of the Trump admin officials blame “discrimination” against American businesses as the reason behind the decision. “I find that it is necessary and appropriate and in the public interest to impose an additional ad valorem duty of 50 percent on certain products of Canada,” the order said, according to Fox Business. “The United States, U.S. businesses and workers, and U.S. commerce suffer from Canada’s discriminatory, unequal, and unreasonable tariff scheme.” Subscribe to LiveNOW from FOX! [See More…]

insider-business News & Politics

The Fight To Make Expensive Stadium Food Illegal 0 (0)

Food and drinks at most US sports stadiums cost significantly more than they cost outside the venue. Exclusive concession contracts, private stadium operations and restrictions on outside food have created a captive market that allows teams and vendors to charge fans more, even though many stadiums were built with taxpayer dollars. We examined some of the proposed laws that could limit concession markups and hold publicly funded stadiums more accountable for high prices. 00:00 – Intro 01:21 – Concessionaire Control 04:05 – Corporate Ownership 06:05 – Concession Prices Today 08:28 – Captive Audience in Stadiums 09:35 – New Bills 13:19 [See More…]

insider-business Sports

The Illegal Business Of Fake World Cup Jerseys 0 (0)

Official World Cup jerseys can cost as much as $180, while counterfeit versions sell for as little as $4. We visited factories in Bangladesh, one of the world’s biggest garment manufacturing hubs, to find out what separates authentic, replica, and fake soccer jerseys and why they cost so much. 00:00 – Intro 01:01 – How Official Replica Jerseys Are Made 02:30 – Replica Vs. Authentic Jerseys 03:39 – Why Soccer Jerseys Cost So Much 05:19 – The $15 Billion Soccer Jersey Business 06:17 – How Soccer Jerseys Became Fashion 07:10 – Inside The Counterfeit Jersey Market 08:02 – How Unauthorized [See More…]