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How Much the Top Banks Make Every Single Second

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Banks are some of the most profitable companies in the world. Between corporate lending, investment banking, overdraft fees, and mortgage interest fees, there are many opportunities for banks to keep earning money.

Financial advisor review website Indyfin created a graphic that visualizes how much the top 30 banks in the world make per second. The results are pretty eye-opening.

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The graphic utilizes a radial histogram visualization to display the 30 banks that earn the most money per second (measured in U.S. dollars). The designers looked at data from the Forbes 2021 Global 2000 list to determine the banks around the world that earned the most in profit. The bars of the histogram also include the banks’ rank and country of origin.

ICBC – which is based in Beijing, China – earned more money in 2021 than any other bank in the world. The bank earned $1,452 every second of 2021. It was founded in 1984 and offers many services including investment banking, consumer banking, global wealth management, credit cards, mortgage loans, and much more.

Of all the banks included on the graphic, twelve are located in China, nine are located in the United States, and three are located in Canada. The U.S.’s top bank is JPMorgan Chase, which earned $1,281 in 2021 and is headquartered in New York City. The top bank in Canada is TD Bank Group. The bank earned $289 in profits during 2021 and has its headquarters based in Toronto.

Which bank on the list is the most surprising to you?

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The Most Profitable Companies by Industry

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If you are reading this on mobile, there is a 55.79% chance that you have an iPhone in your hand right now. So it is now wonder that Apple is the most profitable company in the United States with a mind-blowing profit of $94.68 billion in 2021! It pays to be a tech company in America – Apple, Alphabet, Microsoft, and Intel all reign supreme for profitability in the U.S. However, America is a land of opportunity and innovation, so there are many industries that massively lucrative! The team at Cloud Peak Law Group has provided minimalist but striking visualization of the most profitable companies in every industry, including aerospace and defense, apparel, energy, health care, media, finances, and beyond.

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The color coding makes it easy to spot trends in the industries that excel in the United States – lots of purples and grays (technology and investing/banking). Pfizer is the first healthcare company to appear on the chart – I wonder how different the rankings would be if COVID-19 never happened? According to The Guardian, Pfizer made nearly $37 billion in sales from its COVID-19 vaccine in 2021, making it one of the most lucrative products in history. The article is titled “Pfizer accused of pandemic profiteering as profits double”, but we desperately needed the vaccine, so can that really be considered predatory? It is certainly a topic of moral ambiguity and debate. I appreciate how quick and easy it is to interpret this chart. Simple can be so effective!

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These Are the Careers You Should Pursue If You Don’t Want Your Job Stolen by Artificial Intelligence

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The debut of ChatGPT has sparked a frenzy of curiosity, excitement, and concern about what artificial intelligence is capable of now and in the near future. Will robots be able to perform surgeries? Will they be able to create artistic masterpieces? Will they be able to perform music that moves the soul? Most alarmingly, will they be able to take jobs away from humanity? While some jobs are definitely at risk of automation, there are many kinds of jobs that artificial intelligence is deemed incapable of performing (for now). The team at U.S. Career Institute has created a fascinating visualization exploring the 65 jobs with the lowest risk of robotic automation. Check it out:

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First off, I absolutely LOVE this design, especially the header! How could I not scroll down after seeing that eerily realistic robotic hand touching the globe. Is it trying to penetrate it to take over our jobs? Or is it merely curious? The color scheme, typography choices, and background all come together for an aesthetically pleasing effect. I was surprised to see choreographers as the 2nd occupation with a 0% probability of automation. I imagine artificial intelligence would be capable of scouring countless dance videos online, distinguish patterns, and string together moves that would be appealing and catchy. But perhaps the art of interpreting music and words with movement is purely human. Many of the top occupations involve social skills and emotional intelligence, so that makes a lot of sense. Are you worried about artificial intelligence becoming too embedded in the economy and daily life? We would love to hear your thoughts in the comments below!

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Food Prices Are Skyrocketing Across the Nation, Here’s Where The Problem is the Worst

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It is no secret that grocery bills have become much more painful in recent months. Post-pandemic consumer demand, ongoing supply chain shortages, unstable weather patterns, geopolitical crises like the war in Ukraine, and overall inflation all contribute to the high price of food. Food prices have increased 13.5% between August 2021 and August 2022, which is double the overall inflation rate! As with most trends, the increase in prices varies across the United States – many cities are experiencing a significantly higher increase in grocery bills. Take Indianapolis, Indiana for example – grocery bills have increased a staggering 50.6%! The team at Nadric & Cohen Accident Injury Lawyers have compiled information from multiple databases to create a fascinating (and terrifying) visualization of how much more seven common foods cost in the 50 most populous cities.

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The foods they have included are eggs, bread, whole milk, cheese, potatoes, apples, and chicken. It is getting more and more uncomfortable being an omelet enthusiast! I cannot believe that 16 ounces of cheese cost $10.39 in Oakland, California and 12 eggs cost $5.66 in Las Vegas, Nevada! I will say though that the exorbitant price of food these days has compelled me to become more creative and less wasteful with meals to get the most bang for my buck. How much is your grocery bill on average? Do you have any frugal but delicious meal ideas? I would love to hear about it in the comments!

From a design perspective, this visualization is well-organized and pleasant to read despite the abundance of information. The header is beautiful, although it pains me to imagine how much all of that would cost in real life. Whoever is buying those groceries is living large because they bought not one but TWO dozen eggs!

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