Americans spent 53 billion hours on TikTok last year, according to one Wall Street estimate. If the service is banned in the U.S., much of that time could go to Meta, YouTube, and Snap. What it all means for stocks.
Some economists say the Federal Reserve must pause its interest-rate-rising campaign to help bolster banks, while other economists say that such a pause would indicate the Fed isn’t serious about taming inflation.
Top stories of the week of September 23, 2022 from the World Economic Forum:
Video timeline: 0:15 Could These Solar Panel Windows Be The Future Of Green Energy? – If deployed on a large scale, Ubiquitous Energy says the windows could transform solar capacity worldwide. 01:33 What Would A Post-Economic Growth World Look Like? – ‘What is the type of growth that the world needs? And what is the type of de-growth we need?’ asks Tariq Al-Olaimy, Social Entrepreneur and Global Shapers Alumni. 04:41 Clean energy jobs boom – Green energy jobs in wind and solar are more available than fossil fuel jobs for the first time 05:57 Is your smartphone making you less smart? – Not according to scientists
This week, the World Economic Forum is highlighting 4 key stories – roads that charge electric cars reducing the need for charging points, a false banana that could feed 100 million people, solar farms on superstore roofs and 3 reasons that economic growth will be slower in 2022.
President Biden will make a delayed departure for Europe as Democratic lawmakers spar over his spending agenda. Economic forecasters predict lackluster U.S. quarterly growth numbers. And a federal parole commission creates unique challenges for prisoners seeking release from “hard time” in the nation’s capital.