World

Ferrari CEO says 40% of new car buyers are now under 40 years old

The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital.  Martyn Lucy | Getty Images News | Getty Images Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are now under the age of 40. That reflects a significant upswing from just over 18 months …

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China announces plan to boost domestic consumption

TONGREN, CHINA – MARCH 13, 2025 – Prosecutors explain to consumers how to buy qualified products at a supermarket in Pingxi street of Yuping Dong Autonomous County in Tongren, southwest China’s Guizhou province on March 13, 2025. Cfoto | Future Publishing | Getty Images China announced a “Special Action Plan to Boost Consumption” on Sunday in a bid to prop …

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Treasury Secretary Bessent says Trump is heading off financial crisis

Treasury Secretary Scott Bessent speaking to CNBC on March 13th, 2025.  CNBC Treasury Secretary Scott Bessent said Sunday the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years. “What I could guarantee is we would have had a financial crisis. I’ve studied it, I’ve taught it, and …

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Canada flexes economic muscle as tariff negotiations continue

A “Shop Canadian” sign is seen at the entrance of a supermarket in Vancouver, British Columbia, Canada, March 4, 2025.  Liang Seng | Xinhua News Agency | Getty Images Canadians are swapping their friendly auras for a fierce sense of nationalism amid U.S. President Donald Trump’s attacks on the country’s trade and sovereignty. Trump’s mostly delayed plans for 25% tariffs …

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‘The White Lotus’ travel experience at the Four Seasons

The latest installment of HBO’s “The White Lotus” has viewers wishing they were also poolside, soaking in the tropical scenery. In the days before and after the show’s season three premiere, CNBC reported that social media chatter about traveling to Thailand was up 60%. Throughout the show’s run, a Four Seasons property has been the backdrop for the cast of …

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