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US JOB MARKET CRISIS 2025
India's private credit market doubles to $25 billion AUM in five years: ReportIndia's private credit market is booming, nearly doubling to $25 billion in assets under management over five years, fueled by strong busin...- US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
- Smartwatch-maker Fire-Boltt to enter smartphone market with budget 4G, 5G phonesIndian smartwatch maker FireBoltt is set to launch its Boltt brand of 4G and 5G smartphones in August, targeting consumers priced out by re...
- Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
- Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
- US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
- Nearly 1 million new millionaires created worldwide in 2025, UBS report findsThe year 2025 saw a striking 10.8% increase in global personal wealth, the highest growth rate in years, unleashing nearly one million new ...
- Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billionMicrosoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns e...
- Million-plus cities lead in job quality, earnings: NSOIn India’s bustling metropolitan areas, workers are now enjoying improved job opportunities, particularly in regular salaried positions, al...
- Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plantWhirlpool's drastic decision to cut over half its Iowa plant's workforce throws a wrench in President Trump's tariff strategy designed to b...
- SBI ordered to pay Rs 20 lakh compensation each to sweepers; HC says bread is costlier than bloodEnding a 27-year legal fight, the Orissa High Court ordered a public sector bank to pay Rs 20 lakh each to two daily-wage sweepers. The cou...
- Canada: Ontario restructures immigration program to fill in-demand jobsOntario has revamped its immigration program, consolidating eight streams into four to better align with labour market demands and address ...
- Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
- US Stock Market: Wall Street eyes jobs data as rate hike bets and tech volatility intensifyIndian investors are keenly watching US jobs data this week for economic health and interest rate cues. Tech stocks, especially chipmakers,...
- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- No vacancy at home: Worsening job market greets H-1B returneesIndian tech professionals returning from the US, including H-1B visa holders, face a challenging job market back home. Layoffs at major US ...
- US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimateThe growth in gross domestic product - the nation's output of goods and services - marked a rebound from a sluggish 0.5% in the last three ...
- Laid off from a corporate job, how a woman used her savings to turn an abandoned store into a $24,000 dream festivalA Southern California events producer, Lauren Tetef, transformed a layoff into an opportunity, investing her savings to launch the Open Hou...
- UN chief ups climate pitch, targets fossil fuels and AIAcknowledging that temperature increases will breach the 1.5C guardrail, Guterres focused on the need to take measures to ensure that the r...
- Rupee rebounds, but risks aboundThe rupee has experienced a brief rebound fueled by optimism surrounding the potential reopening of the Hormuz Strait and a decrease in oil...
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