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Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation- Japanese Proverb of the Day on Success, “Fall down seven times, stand up eight.” True success is not the absence of failure, but the resilience to keep rising every time you fall—The ancient formula world needs right nowThere is a Japanese proverb of the day on success that is only seven words long. Seven words that have outlasted empires, shaped samurai ph...
- Indian-American Apsara Iyer becomes president of Harvard Law Review, 1st in publication’s 136-yr historyThe Harvard Law Review was founded in 1887 and is among the oldest student-run legal scholarship publications.
- ‘Wrong Side of the Tracks’ Season 2 release date out; renewed till Season 4Netflix’s hit Spanish show is back with a second season. Wrong Side of the Tracks is also set to run till Season 4.
- Tech jobs still hot in US amid mass layoffs, finds reportAccording to data by job portal Indeed, the tech jobs in high demand are full-stack developers at the top spot, followed by data engineers,...
- 20 homes in Laguna Niguel destroyed after a brush fire erupts on over 200 acres of landOn Thursday, a minimum of 20 homes got burnt and destroyed by a bush fire in Laguna Niguel. The fire spread rapidly due to the strong winds...
- In pandemic, Fed showed its muscle in markets still mattersWithin weeks, though, its actions became so groundbreaking they cast the U.S. central bank as creditor to the world and open to frightening...
- Fed watchers say a July rate cut is in play, June not likelyFed watchers said their base case is for the central bank to stand pat.
- Coal Prices may do the Unexpected: RisePotential supply cuts have the price of metallurgical coal -the kind used to make steel -poised to do something it hasn't done since Octobe...
- Potential supply cuts may result in the rise in price of metallurgical coalMetallurgical coal prices have plunged due to a global oversupply and slowing demand out of China.
- Most popular hotel and resorts on Instagram for 2015At these places, Instagrammers are most inspired to pull out their phones, snap a photo, add a flattering filter, and boast about their vis...
- Chinese Army chief Gen Fang Fenghui to visit US next weekThe chief of the Chinese Army Gen Fang Fenghui would travel to the United States next week to hold talks with his American counterpart.
- Commodity crash backs Bernanke inflation viewA plunge in global commodity prices is tilting the balance in favour of Fed Chairman Bernanke and colleagues who may seek further action to...
- Hygiene Hypothesis: Banishing germs from your life can make you seriously illEvidence accumulates in favour of the hygiene hypothesis, which says that banishing germs from your life can make you seriously ill.
- Federal Reserve may adopt measures to counter EU riskBen S Bernanke signaled he’s concerned Europe’s crisis will hobble a 2 1/2-year US expansion that may need another boost from the central b...
- US August jobs data may signal recessionThe economy is faltering, including slowing manufacturing, plunging consumer confidence, falling home values and lower bond yields and stoc...
- US Federal Reserve could keep interest rates low for longWhen Bernanke convenes his press conference next week, he may emphasise a point the markets seem to have forgotten: He’s serious about keep...
- US manufacturing grows at fastest pace since 2004Manufacturing expanded in April at the fastest pace since 2004, propelling a US recovery that’s getting a bigger lift from consumer spendin...
- US jobless claims see a decline, layoff fears easeFewer Americans filed first-time claims for unemployment insurance last week and total benefit rolls shrank, indicating companies are neari...
- Fed adds $1.15 trillion to spark economic recoveryFed said it would buy up to $300 bn in long-term US Treasury bonds over next six months to improve conditions in private credit markets. Su...
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