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WAGE PRESSURES
Global Market: BoE's Lombardelli says rates may need to rise if energy prices stay highBank of England Deputy Governor Clare Lombardelli said UK interest rates may need to rise if elevated energy prices persist and fuel broade...- The oysters nobody can harvest are still making money for coastal communities. Here’s howA 400-acre network of oyster sanctuaries in Pamlico Sound generated about $1.70 in economic & environmental benefits for every $1 invested ...
- View: The US is badly losing its trade war with ChinaXi Jinping's upcoming visit marks the first Chinese state visit to the United States since 2015. US-China trade policies initiated in 2018 ...
- Woman warns against sharing exact salary with everyone. Experts reveal pay conversations can help, but context mattersA woman’s warning against sharing exact salary figures has sparked debate over financial privacy, workplace comparisons and pay transparenc...
- US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
- Pawan Khera flags H-1B fee extension, warns of impact on Indian IT talentThe US administration has renewed a USD 100,000 fee for certain H-1B visa petitions. This move could significantly affect Indian IT profess...
- DTC strike enters day 5 as Delhi Metro hits record 82.4 lakh boardingsDelhi Metro saw record passenger boardings as a DTC bus drivers' strike entered its fifth day. Many commuters turned to the Metro, facing l...
- BoJ has room to accelerate rate hikes as inflation pressures build: ReportJapan is witnessing a surge in underlying inflation, driven by escalating producer prices and wage growth. While government subsidies are c...
- Global Market: J.P. Morgan sees BoE rates rising amid renewed inflation risksJ.P. Morgan expects the Bank of England to raise interest rates by 25 basis points in November and again in 2027 after holding rates at 3.7...
- Modinomics at 76: The birthday cake, the candles and the numbersPM Narendra Modi turns 76 as he completes nearly 12 years in office, a period that has reshaped India’s economic landscape through infrastr...
- ‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists sayThe US Federal Reserve’s first rate hike since 2023 has added to pressure on India, with the rupee breaching 96 against the dollar and econ...
- Bank of England sounds inflation alarm as it holds interest ratesThe Bank of England has decided to hold interest rates steady at 3.75 percent and is currently halting gilt sales. With inflation risks esc...
- Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
- UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this yearUnited Kingdom inflation reached a five-month peak in August, driven by fuel prices. This increase moves inflation further from the Bank of...
- Karnataka CM DK Shivkumar says 'Donald Trump is copying us' as US president announces $5000 to every adult if Republicans win mid-termsKarnataka Chief Minister DK Shivakumar has compared US President Donald Trump’s proposed $5,000 payment to American adults with Congress’ w...
- Global Market | ECB may need more rate hikes as Iran war raises inflation risks: KazaksThe European Central Bank may need to raise interest rates further to contain inflation as higher fuel costs linked to the Iran conflict ri...
- Global Market: Japan inflation risks put BOJ rate path in focusJapan’s inflation outlook is becoming increasingly sensitive to import costs, yen movements and supply shocks, raising concerns at the Bank...
- 17-year-old British carpentry apprentice began building a small 12.5-sq-m trailer home from reclaimed materials; within three years, he owned it debt-free after spending just £6,000A Bristol carpentry apprentice built a 12.5 square metre tiny home on a donated trailer using reclaimed materials, achieving full debt free...
- Gold lingers near one-week low ahead of US CPI dataAs U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer ...
- Anthropic sees AI driving GDP growth, but warns of job losses, wage pressureArtificial intelligence could significantly accelerate economic growth by 2030, but faster AI adoption may also put pressure on employment ...
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