Money

North and South Korea Hope to Leave Hostility Behind With a New Railroad Linking the Peninsula

North and South Korean officials took part in a ceremonial groundbreaking Wednesday, signing a wooden railroad tie and linking the tracks of what the nations hope will one day be a train system to bring prosperity to Northeast Asia. However, the railway will not become a reality if U.S.-led sanctions against North Korea persist. Officials …

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Ruth Bader Ginsburg Was Released From the Hospital on Christmas Day

The Ruth Bader Ginsburg biopic On The Basis Of Sex wasn’t the only RBG-related release on Christmas Day. “Justice Ginsburg was discharged from the hospital yesterday and is recuperating at home,” Supreme Court spokesperson Kathy Arberg wrote in an email to reporters Wednesday, CNN reports. Ginsburg, 85, left Memorial Sloan Kettering hospital in New York …

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Tesla’s Market Potential Looks ‘Very Strong’ in 2019, Analyst Says

Tesla is expecting a “very strong” 2019, according to an analyst who said the electric car company’s Model 3 continues in high demand, CNBC reported. Dan Ives, an analyst at Wedbush Securities, said strong Model 3 sales should in the near future reduce Tesla’s need to raise capital, which has been an ongoing issue since …

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Amazon Says Alexa Voice Shopping Tripled During 2018 Holiday Season

Shoppers are increasingly using their voices to buy products online. Amazon on Wednesday said that the number of voice-activated orders placed via its virtual personal assistant Alexa were three times greater during the 2018 holiday season than they were in the last year. Meanwhile, Alexa was also called on “hundreds of thousands” of times to …

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U.S. Retailers Had a Very Merry Christmas, According to Early Sales Data

The big gift box under the retail industry’s Christmas tree was full–of cash, according to early data. U.S. retail sales were up this year 5.1% to more than $850 billion, according to Mastercard SpendingPulse, a report from the payment card vendor that looks at consumer purchases from December 1 through 24. It was the strongest …

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