In the United States, the open enrolment on the public health insurance marketplace ended on Sunday, January 7. Almost 16 million people had signed up to receive coverage in 2023. This number is a new record for the enrolment period that happens once a year, constituting a 13 percent increase over the 2021/22 sign-up.

The Affordable Care Act, also called Obamacare, has an enrolment for coverage in the third year. It reflects a rising number of Americans having health insurance. Many Americans receive health care coverage for their families and themselves through their employers. But those working in lower-paid professions or freelancing often don't take up range.

Biden administration has expanded to Medicaid and Affordable Care Act as…

With India overtaking China to become the most populous country in the world having 5 million more people vs China as per the World Population Review. India is supposed to see growth in population through 2050 as per the analysts. It adds up as an urgency to create more jobs to ensure the country sustains the world beating growth.

According to the reports, India has currently 1,415,236,875 population as of February 2023 based on the Worldometer elaboration of the late data by the United Nations.  With this India’s population is equivalent to 17.7 percent of the total world population. The country ranks at 2 in the list of countries when it comes to population. The population density in India is 464 per km sq. and the count of urban…

Oil is one of the world's top money-making commodities nowadays for producing gasoline, jet fuel, diesel fuel, and many other products. In the modern world, oil is one of the most vital resources. The oil extraction process is harmful to the environment and is considered a double-edged sword.

The world's largest oil consumer is the United States, and the world's largest oil producer. But despite being the world's largest oil producer, the U.S. also imports much more oil from dozens of other countries.

With different types of oil production, crude oil is vital for the modern economy. It helps to power internal combustion vehicles and helps to produce plastics too. A lot of investment and capital is needed by a country to bring it all to…

The global market is set to see the 5G connections accelerate in 2023 with an approaching 2 billion and is expected to reach 5.9 billion by the end of 2027. This fifth generation of wireless cellular technology continues to dominate its advances in the market in different spheres.

The 5G voice and LTE in the Americas connections to 5G networks has doubled on average since its commercial inception in late 2018 and was expected to reach 922 million connection by the end of 2022, according to reports.

Ericsson said technology is becoming mainstream, with 5G penetration rates exceeding 15 percent. Thus, the operators need to be more prepared because the following wave users are more likely to be value-conscious than early adopters. The…

China's liberation army has become large and transformed itself from a large force into a capable modern military over the past two decades. Although China lags behind the United States regarding operational skills and military hardware, it has also improved relative capabilities in many areas.

China has the second largest air force in the world after the United States, which has the most significant air force strength. According to reports, the U.S. operates 10,000 more air platforms than China. In the Total aircraft strength count, China is listed as serving 3,260 aircraft, whereas the United States reported using 13,233 aircraft.

China aims to achieve Global Domination by 2049 by pursuing large-scale military modernization and…

The world is moving more towards environmentally friendly transportations. Adapting more greener ways to reduce the use of fossil fuels. Thus, the electric vehicles are earning the attention of the various automobile companies. The new trend of electric air taxis is giving auto manufacturers to adapt lucrative ways.

New start-ups and industries are ready to invest in the air taxis, which would provide easy take off and landing options to transport travellers on short trips in between the cities by beating the traffic. Also, it will save more time by doing such.

According to the reports, in 2023 the auto manufacturers like Toyota, Porsche and Hyundai along with the financial investments also offering the expertise and knowledge on the…

The primary mineral behind lithium-ion batteries used in laptops, electric vehicles, and smartphones is Cobalt. It is vital to the highest energy density and for boosting battery life. World's highest cobalt resources are found in the Katanga region in the south of the Democratic Republic of Congo. Here, more than 70 percent of current cobalt production worldwide takes place.

In 2023, demand for Cobalt in the EV industry is expected to increase. Reports say that lithium-iron-phosphate (LFP) cathode technology may hinder this increase in demand. But the current scenario of EV penetration rate means growing demand for Cobalt. The reports also added that the EV market is growing more than enough to offset decreasing volumes of Cobalt in…

Meta is ruling the social media platform with Facebook and Instagram taking the lead. With Meta releasing many tools and features over all these years, advertisers have more resources to scale up their campaigns even faster.

Since Meta dominates machine learning, launching automated campaign types have become more efficient. Thus, advertisers have more options to manage these elements in campaigns.

The reports have revealed the financial statements of the company, stating the billions of dollars had sunk into the project already- the project of Zuckerberg taking the potential of metaverse seriously. According to the surveys, gaming and e-commerce will attract largest segments with $163 billion and $201 billion respectively in terms of…

Smartphones are the most important thing people need every time for the smooth working of their daily lives. It is nearly impossible to imagine a day without smartphones.

Recent reports have proved that shipments of smartphones have dropped nearly 20 percent over the year. It happened due to inflation which softened consumer demand and economic uncertainties. According to the reports by IDC, "It is the largest-ever decline in a single quarter." These factors contributed to the lowest annual shipment of smartphones for the year 2022 since 2013.

According to surveys, in the fourth quarter of 2022, Worldwide smartphone shipments fall to 18.3 percent year over year to 300.3 million units. This drop depicted the largest-ever decline in a…

The inflation crisis has gripped the economy of 2022 for many reasons, including geo-political reasons. But recent studies by International Monetary Fund (IMF) predict the recession is a slowdown. Although the outlook is not that rosy since significant headwinds await ahead.

Reports by the IMF note that global growth is expected to drop from estimated 3.4 percent in 2022 to 2.9 percent in 2023 and again rise to 3.1 percent in 2024. In 2023, the progress in October is estimated to be 2.7 percent as IMF no longer sees a global downturn, with fewer countries facing recession in 2023.

The research by IMF also anticipates global inflation to come down to 6.6 and 4.3 percent in 2023 and 2024, respectively. It is lower than the 8.8 percent…

The rapidly growing power of AI is the need of the hour. The reports show companies like tech giant Tencent and search engine provider Baidu. The companies mentioned above are ahead of U.S. firm IBM, South Korea's Samsung, former AI patent leader Microsoft and Chinese insurance provider Ping An.

Recently, Microsoft has seen significant AI investments coming into reality fruitfully, as the conversational AI bot ChatGPT by Microsoft has been making waves, as the reports say. Holding more than 9,000 active patent families each, Tencent and Baidu became the most prominent AI and machine learning owners in 2021.

According to data, the global AI market was valued at $59.7 billion in 2021 and is expected to reach $422.4 billion by 2028. In 2023,…

Tesla is one of the biggest automotive industries in the world. Despite the sales problem in the China markets, Tesla doubled its earnings in comparison to 2022. In 2023, Tesla has been selling tons of cars in the first quarter, unlike in the Q1 of past years. It has continued to grow strongly over the globe.

With the rapidly growing capacity, new products will launch in 2023. According to reports, the stored energy growth will kick in quickly and be the company's game-changer. Again, due to short-term price cuts, Tesla will harm the auto's efforts to get the taste of the EV pie.

The company's auto demands have grown at a tremendously rapid rate. As per the data, the increased production facilities will come in North America in 2023 and…

Renewable energy is expected to maintain progress and achieve desired results in 2023 along with technology upgradation and cash flow. The major driving factor for growth will be the government’s support with futuristic measures.

According to reports, the future of renewables looks brighter and more attractive. The Russian- Ukraine war has been an eye opening for countries especially Europe, to value renewable energy’s benefits.

As per the data, renewables may account for 38 percent of global electricity in comparison to 30 percent from coal by 2027. Almost 33 percent of global electricity will come from renewables by 2024. The sustainability of renewables is more, and in 2023, it will make good sense in business.

Based on research and…

2023 is seeing major tech layoffs in some of the world's biggest tech companies. Microsoft, Alphabet, Amazon, and Salesforce are the companies ahead in this layoff in 2023. Among these, Microsoft and alphabet are the latest companies to announce significant job cuts, per the reports.

Big companies like Microsoft, Amazon, etc., and smaller tech firms face declining revenue. This decline is happening since these companies hired binge during the pandemic when lockdowns forced remote work and were suitable for e-commerce.