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OVER THE TOP: ARCTIC SHIPPING LANES
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OVER THE TOP: ARCTIC SHIPPING LANES

Last month, the Venta Maersk (pictured above) became the first international container ship to complete the journey from Asia to Europe through the Arctic Circle. Until now, this journey could be made only via the Indian Ocean and through the Suez Canal, or around the Cape of Good Hope and up Africa's west coast.

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Hobbies are having a moment

After shifting toward other forms of leisure, consumers are putting more money back into hobbies—with older Millennials spending more on hobbies than any other generation. Spending is accelerating across activities like hiking, camping, skiing, scuba diving, arts and crafts, and more. Subscribe to Bank of America Institute for more insights.