Economy
Why McDonald’s Is a Status Symbol in Smaller Cities of India
Having grown up in a city devoid of 'Mac-D', where only the rich kids could bring back Happy Meal toys and day-old burgers from another city, the recent opening of a McDonald's seems to say we're finally cool.
The Dying California Desert Town Where Cannabis Is the Only Remaining Hope
From cul-de-sac-fever-dream gone bust to vertically integrated weed opportunity zone, the high desert town of California City is hoping the winds of fate will finally blow its way.
Cannabis Fields Could Do Wonders for India's Environment and Economy. So Why Aren’t They Here Yet?
Growing naturally in many parts of the country, cannabis could actually boost our economy and push us to the forefront of the hemp revolution.
Indians Are Watching More Movies in Theatres to Escape Economic Slowdown
Even as unemployment rises and the country’s economy slumps, the movie theatre business is doing better than ever because of people wanting to ignore all the negativity.
India’s Finance Minister Says Car Sales Are Slumping Because of Millennials
Nirmala Sitharaman believes that the millennials’ preference for cab services like Ola and Uber, and public transport is the reason the automobile industry is in breakdown mode.
Singapore’s 'Masses' Are Spending More, While the Rich Are Slowing Down
New data suggests that monthly spending from middle-class Singaporean families has increased significantly while spending from its wealthier citizens is decreasing.
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South Korean Women Are Fighting Societal Pressure through the #NoMarriage Movement
A collective rejection of marriage and motherhood has empowered South Korean women to oppose the government's pressures for them to have children.
What Everyone Does When They're Bored at Work
When you’re bored and underpaid, sometimes taking a long dump is the only respite.
Inside the Lives of Workers Who Thrive on India’s Election Economy
From the taxi drivers and sound guys to the ones who print posters and compose political jingles, these unsung heroes are the most vital part of the world's biggest democratic exercise.
Arctic Warming Will Cost At Least $24 Trillion More Than We Thought, Study Finds
The economic losses of climate change, both past and future, are outlined in two new studies this week.
We Asked an Economist What Would Happen if All Women Took 'Period Leave'
Would the economy crumble as businesses fell apart under the strain? Er, no—and it might actually make work more productive for everyone.
The Kitchen Divides Pakistan's Rich and Poor
When visiting my extended family in Pakistan, I am hyper-aware of the differences between the rich and the poor. Even at home, the classes are separated as young, impoverished men cook meals in sweltering heat for their employers.
