TikTok’s obsession with matcha has created a reported shortage of the tea in Japan
Some of the most popular matcha brands are facing a shortage as the tea explodes in popularity on TikTok. TikTok’s obsession with matcha has appeared to create a shortage of the tea in Japan. TikTok’s most popular tea brands appear to be hit hard. The smooth, bright green powder plays a central role in Japanese…
Elon Musk wants to ‘delete’ a federal agency designed to prevent another financial crisis and protect people from scams
Elon Mush and Vivek Ramaswamy have floated “deleting” entire agencies, laying off staff, and enforcing return-to-office mandates to cut costs. In his efforts to cut government costs, Elon Musk has thrown his support behind slashing a federal office created in the wake of the Great Recession to regulate financial services used by Americans. “Delete CFPB,”…
5 of the top business schools enrolled fewer minorities in the year since affirmative action was overturned
Harvard Business School reported a slight dip in the number of underrepresented minority students in this year’s cohort. Five of the most prestigious business schools in the US enrolled fewer underrepresented minority students this year, according to demographic data released since the Supreme Court overturned affirmative action last summer. Minority enrollment at these five universities…
Stock market today: Indexes slide as tech sell-off ends 7-day winning streak
US stocks ended lower on Wednesday, with the benchmark S&P 500 snapping a seven-day winning streak amid a sell-off in tech. Major averages tumbled after hitting records in Tuesday’s session. The Dow Jones Industrial Average dropped more than 100 points and the Nasdaq Composite fell 0.6%. Bond yields were lower, with the 10-year Treasury yield…
SpaceX’s Starlink satellites have a lot of scientists worried about Earth’s atmosphere
A trail of Starlink satellites appears in the night sky five days after its launch. SpaceX’s Starlink and other mega-constellations of satellites could damage the atmosphere in ways we don’t yet understand, scientists say. The number of satellites in Earth’s orbit has skyrocketed from about 1,000 in 2010 to more than 10,000 today. According to…
The Miss Universe runner-up made history for Nigeria. After online attacks about her nationality, she felt she had ‘a point to prove.’
Miss Nigeria Chidimma Adetshina during the Miss Universe finals. When Chidimma Adetshina won Miss Nigeria in August, she wrote on Instagram that her crown was a “call to action,” symbolizing “African unity and peaceful co-existence.” Adetshina is now the first-ever Miss Africa and Oceania, a new title awarded by a panel of Miss Universe judges.…
JPMorgan turns bullish and sees the S&P 500 rising 8% next year to 6,500
JPMorgan is one of the last bears on Wall Street to throw in the towel and turn bullish. In a Wednesday note, the bank issued its 2025 outlook for the US stock market and boosted its 12-month price target by 55% relative to its 2024 year-end target. The bank expects the S&P 500 to end…
An iconic ‘Ferris Bueller’s Day Off’ clip is going viral as Trump rolls out more tariff plans
“Ferris Bueller’s Day Off” premiered in 1986, and scene from is making its rounds on TikTok. A scene from “Ferris Bueller’s Day Off” is having a viral moment after President-elect Donald Trump announced new tariff plans. In the 1986 coming-of-age movie, Bueller’s teacher, played by a famously monotoned Ben Stein, recounts the impact high tariffs…
Musicians are increasingly forgoing the major-label system. The problem is that most can’t afford to.
Rachel Chinouriri. It’s no secret that artists yearn for creative freedom, and in recent years, musicians like Raye, Tinashe, Laufey, and Little Simz have opted to release their music independently instead of via the traditional major-label system. But that creative freedom comes at a price — literally. In B-17 new feature, “Want to make money…
