Business

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Shares in Elon Musk’s SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the ...

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The World’s 50 Largest Banks By Assets

Banks sit at the center of the global financial system, and the assets they hold help move credit, deposits, and…

Gamma And Momentum: A Recipe For Spikes And Tears

Intel (INTC) shares have risen 90% over the…

Which Countries Use The Most Electricity?

Electricity demand reveals how countries power their economies,…

Shake Shack Shares Crash Most On Record; McDonald’s CEO Warns Of Faltering Consumer

Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with…

Paramount Begs FCC For Green Light On Middle Eastern Sovereign Funds

Paramount isn’t just merging with a rival — it is exploding in size This article was written by J. Mitchell…

Real Hourly Wages Have Declined 11 Out Of The Last 14 Months

Happy with your wage increases? You shouldn’t be. Understanding the Chart BLS data shows that average hourly wages are up 0.33%…

The Decade Of Coal?

While we’re being told coal is having “an existential crisis,” The Wall Street Journal reports: Coal was in decline for years…

The World’s Tech Giants, Compared To The Size Of Economies

It’s no secret that tech giants have exploded in value over the last few years, but the scale can be hard…

A Banking App Has Been Suddenly Closing Accounts, Sometimes Not Returning Customers’ Money

Chime, a “neobank” serving millions, is racking up complaints from users who can’t access their cash. The company says it’s cracking…

Is The Retail Investor Rampage Over?

Is the retail investor rampage over? Since the crash in March 2020, the “retail investor army” marched propelled by chat rooms and social media…

The Greatest Heist In History

With government (as well as corporate) debts at nosebleed levels AND interest rates at by far the lowest point in the…

The Coming Energy Crisis – The Case Of Dwindling Saudi Oil Reserves

Last week the Visual Capitalist published another one of their infographics, this time about the oil reserves of different nations. As usual,…

With Home Prices Soaring, Shoppers Fear Buying At The Top Of A Bubble

Google reported in April that the search question “When is the housing market going to crash?” had spiked 2,450 percent in the…

Warnings From Behind The Curtain

“Warnings From Behind The Curtain” almost sounds like the title of a good “Cold War” fiction novel. However, this time, the story is of…

Fed Chair Is Concerned Over The Rapid Rise In Retirements

Population-adjusted data shows a huge surge in retirements and that has the Fed concerned. The lead chart is from the Role of…

Oil Is The New Tobacco

We highlighted before the decline in capex by (predominantly Western) oil and gas companies. Take a look at this chart, which…

The World’s Top 10 Gold Producers In 2020

Who produces the world’s gold? Gold production fell again in 2020. According to the World Gold Council, gold production came in…

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One of the primary subject matters that U Cast Studios and U Cast News covers is Business. Our business articles range from a variety of different opinions, beliefs, and perspectives. 

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U Cast Studios covers a variety of different topics including business, business news, employment numbers, and trends in the business world.