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RECESSION FEARS
Psychology behind why older people hide their wealth from their children: It has nothing to do with trust or selfishnessPsychology of older people hiding wealth: Elderly Indians often hide financial details from their children. This secrecy stems from a desir...- Quote of the day by Barack Obama: "Hope is not blind optimism. It's not ignoring the..." — Inspiring life lessons on courage, resilience, leadership, purpose, determination, human potential, and why the greatest victories often begin when the odds seem impossible by the former US PresidentQuote of the day by Barack Obama: Barack Obama’s quote, "Hope is not blind optimism. It's not ignoring the enormity of the task ahead or th...
- America's 'mass affluence' is bigger than you thinkThe U.S. economy is increasingly defined by a K-shaped recovery, but the affluent group driving growth is far larger than a small elite. Ac...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- Strait of Hormuz hangs in the balance as US-Iran ceasefire unravelsThe US-Iran deal faces significant strain due to escalating tensions in the Strait of Hormuz. Iran has closed the strait, prompting US reta...
- Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
- Quote of the day by Charlie Munger: "I figure that I want to swim as well as I can against the tides. I’m not trying to predict the tides"Charlie Munger’s quote on swimming against market “tides” highlights his belief that investors should not try to predict markets but instea...
- IMF chief says no global slowdown in sight yet, but risks are highThe global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...
- Stock-pay boom amplifies US economic drumbeat: Mike DolanRising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensat...
- Reassure homes, not just economy: Why India’s growth feels weaker at household levelThe ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data point...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- Migrant children separated under Trump policy face renewed family breakupsFederal agents are separating children from their families again in the United States. This is happening despite legal settlements meant to...
- Is there increased recession fears in the US markets after selloff? Here's what you should knowUS may be closing in on an impending recession very steadily, as the fears of the same is taking a rapid turn due to the selloffs. How will...
- Unprecedented layoffs in the offing, say bye to the 4-day workweekEconomic concerns in the United States could be a major issue for the corporate culture, as it could lead to a reduction in remote working ...
- US Recession 2024 fears: Is it happening? Here is what data revealsThe US stock market has hinted that fears over possible recession have gripped the sentiments across. Here are parametres that may help det...
- Magnificent Seven set to shed $1 trillion in value, led by Apple, NvidiaApple and Nvidia spearheaded a tech stock sell-off due to U.S. recession fears and Berkshire Hathaway cutting its Apple holding. The 'Magni...
- Is Silicon Valley Bank’s swoon a recession signal?A bank in Silicon Valley, California, which is the parent company of Silicon Valley Bank, raised money on short notice to avoid having to c...
- Meta now 'rescinds' full-time job offers amid recession fearsAs layoffs deepen in New Year, Meta (formerly Facebook) has reportedly rescinded full-time employment offers to some people, which is a fir...
- Investing in the shadow of a recessionInvesting is forward looking. There are a number of ways to interpret current trends that provide a fairly positive outlook for investing, ...
- Gold steady, firm dollar offsets recession supportSpot gold was unchanged at $1,743.99 per ounce by 0030 GMT, having gained 0.7% in the previous session on recession fears. US gold futures ...
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