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US JOB MARKET
One AI issue unites Republicans and Democrats: Data centre limitsAmericans increasingly worry about artificial intelligence's environmental effects. Many citizens are concerned about data centers' local e...- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- US Fed chair Kevin Warsh explains why the Federal Reserve raised interest ratesThe Federal Reserve increased interest rates by 0.25 percent. This action was driven by a strengthening US economy and rising inflation. Do...
- 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...
- How Trump's war on EVs derailed America's auto-factory revival | ExplainedUS electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs...
- Leather, footwear exports may hit $5.5 billion as UK, EU trade pacts boost growth: CLE Chairman JunejaIndia's leather exports are projected to reach USD 5.5 billion by 2026-27. Trade pacts with the UK and EU will significantly boost these fu...
- H-1B should not exist to replace American workers with low-wage foreigners: JD VanceUS Vice President JD Vance defended changes to the H-1B visa program. He stated the administration seeks highly skilled workers, not displa...
- Routine IT roles may feel the pinch as Oracle India workforce shrinks to 27,000The company has not publicly made any disclosures this month on job cuts until press time Tuesday. It slashed 21,000 jobs including about 1...
- Coca-Cola to invest $10 billion in US infrastructure by 2030Coca-Cola plans a significant $10 billion investment in United States infrastructure. This substantial funding will span from the year 2026...
- Dollar near two-week high as oil surge lifts yields, Fed hike betsStrengthening towards a two-week high, the dollar gained ground as oil prices jumped and Treasury yields rose. With a significant rate hike...
- No turning back from AI but regulation, cost will shape pace of adoption: TeamLease EdTech CEOThe adoption of AI is creating new roles in areas such as cybersecurity, cloud and infrastructure management, he said adding humans will re...
- Visa squeeze in the West sends Indians packing for homeWestern visa rules are tightening, impacting skilled Indian professionals seeking overseas employment. Rising sponsorship costs and stricte...
- For the US news industry, a tough summer draws to a close with McClatchy chain's cutsMcClatchy newspaper chain has implemented significant layoffs affecting over ninety unionized journalists. These cuts impacted seventeen pu...
- US unemployment claims dip to 206,000 as layoffs continue to remain rareUnemployment claims have experienced a modest decline last week, remaining historically low. Companies are reluctant to make layoffs, recal...
- U.S. consumers grow more uneasy about jobs & finances as high inflation outlook holds steady, NY Fed findsUS consumers grew more pessimistic about jobs and personal finances in August. Inflation expectations remained largely unchanged, showing l...
- Holiday Halt: Why NYSE, Nasdaq are closed for trading todayWall Street is closed Monday, September 7, for Labor Day, with trading resuming Tuesday. Investors face a crucial week as stronger August j...
- Gold eases as robust US payrolls boost rate-hike bets; inflation data in focusGold prices fell on Monday as strong US job statistics increased expectations of interest rate hikes. Market players are now focused on upc...
- Yields, dollar rise, stocks ease after solid US jobs reportUS job growth data boosted Federal Reserve rate hike expectations. Treasury yields and the dollar strengthened after the positive jobs repo...
- Global Market: European shares edge lower as investors await US jobs dataEuropean shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the...
- Global Market: European stocks rise as bond selloff eases; investors await U.S. jobs dataAfter three consecutive days of declines, European stocks rebounded on Thursday, fueled by a respite in the global selloff of government bo...
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