Can NYC Taxis Survive Uber And Lyft? cnbcafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbcafrica.com Daily Mail and Mail on Sunday newspapers.
A suite of new, but largely unproven, technologies known as direct lithium extraction could revolutionize lithium mining from brine, making it more efficient and sustainable and eliminating the need for large evaporation ponds. A number of companies including EnergyX, Lilac Solutions, and Standard Lithium are entering the DLE market and getting ready for commercial implementation across South America and the U.S., while automakers like BMW, GM and Ford are investing. Chapters: 00:00 Introduction 01:55 The need for DLE 04:17 Different approaches 10:50 Road to commercialization Produced, Shot and Edited by: Katie Brigham Animation: Christina Locopo, Jason Reginato Supervising Producer: Jeniece Pettitt Additional Footage: Albemarle, EnergyX, Lilac Solutions, Standard Lithium, Sunresin, Livent, Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street&
Mastercard is the second largest card network in the U.S., accounting for more than a quarter of all purchase volume using a payment card. As the world transitions to a more cashless society, Mastercard’s value has continued to soar. Shares of the company have seen nearly 100% gain over the past 5 years, outperforming American Express, Discover and even Visa. So how is Mastercard able to generate so much revenue and how does it set itself apart from the rest of its competitors? Chapters: 00:00 Cold Open 01:29 Business model 03:48 Revenue & competition 08:16 Future Produced & Edited by: Juhohn Lee Animation: Alex Wood & Jason Reginato Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images, Mastercard » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC h
The trillions in excess personal savings built up in the pandemic are beginning to vanish amid high inflation, according to Federal Reserve economists. The monthly saving rate fell to a 15-year low in 2022. It started a recovery in 2023, but remains well below long-term trends. Despite this slowdown in saving, consumer spending has remained robust, keeping the U.S. from recession.
“Something like $2 [trillion] to $2.5 trillion above what we would have otherwise expected were saved by American households,” said Curt Long, chief economist at the National Association of Federally-Insured Credit Unions.
Collectively, Americans have trillions in excess savings compared with expectations leading up to the pandemic, according to Federal Reserve economists.
Watch the video above to learn about how the personal savings rate affects you and the wider economy.
Chapters:
00:00 Introduction
01:26 Budgets
02:40 The personal saving rate
05:33 Recession?
07:48 Ways of saving
Produced b
A string of train derailments have captured the attention of lawmakers in Washington. Corporations within the freight industry have redesigned their businesses to maximize efficiency. But a panel of experts gathered by CNBC argue that some of the strategic changes may compromise public safety. Some of these strategic corporate decisions may have been involved in a now infamous February 2023 crash on the Ohio-Pennsylvania border, according to regulatory complaints.
Chapters:
00:00 Introduction
01:16 Derailments
02:36 Corporate decisions
07:03 East Palestine
10:45 Regulations
Produced by: Carlos Waters
Edited by: Dain Evans
Animation: Jason Reginato
Supervising Producer: Lindsey Jacobson
Additional footage: Getty Images, MSNBC, National Transportation Safety Board, NBC News, U.S. Senate
Additional Sources: Bureau of Labor Statistics, Department of Justice, Federal Railroad Administration, National Railway Labor Conference
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
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