Artificial Intelligence has become a household term over the past year. Over this time, consumption of AI, off all levels, has risen. ChatGPT, the most well-known AI chatbot, has reached 100 million daily users, which will likely continue to grow.
globalEDGE Blog
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A nomadic lifestyle isn’t one you typically hear about very often in this day and age. However, "digital nomadism," a lifestyle that combines working remotely while concurrently traveling and hopping from one place to another, has taken the world by storm in recent years.
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There are over 1.925 billion users on the social media app of TikTok. Initially called Musical.ly, TikTok was bought by Chinese company ByteDance in 2018 and began its global expansion. The previous ban on TikTok in the United States has sparked concerns about its global impact on business, job markets, and digital innovation.
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Mergers and acquisitions often reshape industries, but when a deal involves two iconic companies from different nations, it becomes much more than a business transaction. The steel industry is now focused on Nippon Steel’s stalled $15 billion attempt to acquire U.S. Steel, which has sparked discussions about corporate strategies, global trade, and national interests. This transaction and all its challenges have made the difficulties of handling cross-border investments clear to others.
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As more and more small business owners venture into different industries, there is no denying that there are risk factors associated with starting a business. This can vary from the state of the economy to the latest trends in demand for the business to succeed. Nevertheless, there has been an increase in the number of small business owners within the U.S., reaching over 430,000 new businesses per month in 2024, a 50% increase compared to 2019. Kicking off the new year of 2025, various considerations and influences need to be considered for current and future entrepreneurs worldwide.
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United States President Donald Trump has introduced a 25% tariff on imports from Colombia. This follows Colombian President Gustavo Petro’s decision to reject two Colombia-bound U.S. military aircrafts carrying migrants.
The dual actions are expected to spark ripple effects in international supply chains, impacting business and economies across the globe.
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In early January, China released its 2024 trade surplus at a staggering $990 billion, shattering the previous record of $838 billion set two years prior. Exports in December also reached new highs with a surplus of $104.8 billion in the month alone. While some economists believe this shows China’s dominance in manufacturing, others argue it shows unsustainable growth with risks of deflation.
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Tragedy has struck California as devastating wildfires, which began on January 7th, continue to ravage the region. Over a week later, the fires show no signs of slowing, leaving destruction and heartbreak in their wake. More than 180,000 people have been impacted, with countless residents displaced, homes destroyed, and lives tragically lost. This disaster marks a dull beginning to 2025, compounding the challenges those in the affected areas face.
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Welcome back to the globalEDGE Blog! With the start of the Spring 2025 semester, our Michigan State University student authors are excited to bring you another season of blogs.
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As the semester winds down, the globalEDGE team is preparing for a well-earned winter break. Your engagement and support motivate us to continue striving for excellence. We encourage you to explore the diverse content available across the globalEDGE website during this time. In the meantime, check out our social media—we recently joined Instagram! Check us out @msuglobaledge.