For decades, the U.S. financial system was shaped by public markets and regulated banks. But a seismic shift has taken place. Over the past twenty years, U.S. debt and equity markets have ballooned by 185%, dramatically outpacing global GDP growth of 88%. This reflects a profound turn toward
Just a decade ago, digital services were seen as a bonus, an add-on to traditional trade. Today, they’ve become the backbone of the global economy In 2023 alone, digitally delivered services surged to $4.3 trillion, accounting for 13.8% of all global trade. And it’s one that
The power-hungry future of U.S. digital infrastructure Not long ago, a “digital product” was mostly just software. Clean. Invisible. Intangible. But today, our digital lives are deeply physical and deeply energy-dependent. From the moment you tap an app to when a chatbot answers your query or a movie starts
In 1997, India stood as the world’s 16th largest economy, a country largely defined by its industrial promise and export potential. Nearly three decades later, it’s preparing to leap into the global top four by GDP, a rise that has captivated economists and investors alike. But behind the
Just a few years ago, paying with a smartphone still felt novel. Today, it's the norm in many parts of the world. But what lies beneath the convenience of tapping to pay is a deeper, more transformative shift, one that’s quietly redrawing the economics of global commerce.
In a world where attention flits between economic reports and tech innovations, few notice one of the most powerful indicators of global transformation: electricity. Not the type that merely lights homes or charges phones, but the kind that powers economies, fuels industries, and reveals where the next wave of consumer
In 2006, Amazon introduced a service that promised to make life easier for online sellers: Fulfillment by Amazon (FBA). It wasn’t flashy at first, just a backend logistics solution that stored, packed, and shipped products on behalf of third-party sellers. But behind the scenes, it was quietly reshaping the
In the emerging global economy, power will no longer be defined solely by GDP, it will be determined by where growth is happening. By 2075, the structure of the global economy will be fundamentally transformed, with Asia emerging as its dominant force. Goldman Sachs’ long-term projections place China at the
Over the past decade, fast food has quietly undergone a transformation, one that’s catching both consumers and competitors off guard. Once heralded as the go-to option for affordable dining, fast food chains have steadily hiked their prices at a rate that now significantly outpaces broader food-away-from-home inflation. Between 2014
Global R&D spending soared to $2.75 trillion in 2023, but the real story lies beneath the headline, China’s rise as a dominant innovation power, fundamentally altering the balance of global technological leadership. Once viewed primarily as the world’s manufacturing hub, China is now a full-scale
In a world obsessed with tangible goods and industrial muscle, a quieter force is powering the United States' global economic leadership. It's not what America makes, it's what it knows. In 2024, U.S. services exports hit an unprecedented $1.11 trillion. Behind that figure
In 2024, the gaming industry in the United States reached a staggering $71.92 billion in revenue. But the most compelling number isn’t financial, it’s behavioral. According to our latest data, 71% of U.S. consumers played a video game in the past month, a figure that signals