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LOW COST JOBS
Low-cost jobs will be taken over by AI, most worried about outsourced ones: Workday CEOWorkday Chairman and Chief Executive Officer Aneel Bhusri told reporters at the Workday Rising Summit that AI will not lead to jobs moving ...- US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
- JIO IPO & Rs 10 lakh crore: Mukesh Ambani added 13 zeros to Dhirubhai’s dreamJio Platforms will begin subscriptions for its IPO on October 21 and it will conclude on October 23. The record-breaking IPO could see valu...
- The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
- India insurance regulator to oversee smooth transition to new commission rules, chairman saysIndia's insurance regulator, the IRDAI, plans to implement reforms for insurance sales to improve the market. Proposed changes include capp...
- US labour market remains stuck in low-hire, low-fire state as inflation intensifies: FedThe Federal Reserve's latest Beige Book highlights persistent inflation pressures and a stagnant US labour market, with rising energy, tari...
- IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
- No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
- Warren Buffett says most people shouldn't pick stocks. Here's how he wants his family to invest his wealthWarren Buffett continues to recommend low-cost S&P 500 index funds for building wealth over time. He emphasizes that average investors shou...
- Bringing down cost of flying can lead to disruptive aviation growth: Air India executiveReducing taxes on aviation could make air travel more affordable for average Indians. Air India officials believe this will drive significa...
- Go slow on rate hikes: Make capital accessible and affordable to drive investment and job creationIndia is witnessing a notable increase in active companies, driven by the easing of regulations and lower capital costs. The government's f...
- Trump sticks with tariffs even as US voters turn against them before the midtermsUS President Donald Trump's tariff policies are facing growing economic and political challenges ahead of the November 3 midterm elections,...
- Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
- US diesel prices surge 70% amid Iran war: Can Trump-Putin deal bring relief to truckers and stop grocery prices from rising?Diesel prices impact on trucking: US diesel prices have surged 70% since the US-Israeli war with Iran began, putting growing pressure on tr...
- RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investorsThe Reserve Bank of India is engaged in dollar sell-buy swaps to stabilise the rupee's value. However, this has resulted in higher forward ...
- US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
- US weekly jobless claims fall as layoffs remain lowClaims have held near 57-year lows for four straight weeks, consistent with what economists said remained a "low-hire, low-fire" labor mark...
- Global Market: Euro hits 17-month low as French fiscal worries boost dollarThe euro fell to a 17-month low as concerns over France’s fiscal outlook and bond-market selloff weighed on sentiment. The dollar strengthe...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
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