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US JOBS DATA IMPACT
Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...- US Stock Market: Foreign investors add $103 billion to US long-term securities in AprilForeign investors showed strong interest in U.S. assets in April. They purchased $103 billion in long-term securities. Holdings of U.S. Tre...
- US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
- Quote of the day by Steve Jobs: 'If you want to make everyone happy, don’t be a leader, sell...' - Apple co-founder's simple yet powerful message on leadershipQuote of the day by Steve Jobs: Steve Jobs, a visionary co-founder of Apple, revolutionized technology with iconic products like the iPhone...
- Iranian oil tankers pass US blockade after US-Iran deal, data showsIranian oil tankers are now sailing through a US blockade. This follows a deal to reopen the Strait of Hormuz. Three tankers carrying five ...
- Salary doesn't decide happiness: Many see income and achievements as measure of success, but one study says the respect from people around you matters more than your place on the economic ladderA new study suggests happiness may depend less on income and job titles and more on the respect, acceptance and value people receive from t...
- 'Don't feel like a developer anymore after AI': Techie says coding isn't fun now, Reddit users share fears of becoming 'lazy'A software developer's candid post sparked a debate on Reddit about AI's impact on programming jobs. Developers express concerns about losi...
- India’s electronics exports up 11.62% to $5.09 billion in MayIndian electronics exports saw a significant rise in May, reaching $5.09 billion. This growth occurred despite global supply chain issues. ...
- Era of software and MBA is over; time to respect welders, plumbers and electricians: Chief Economic Advisor Nageswaran"The technological advance cannot take away your employability. So you should equip yourself with trade skills. The globalising world gave ...
- Global drugmakers rush to boost US presence as tariff threat loomsGlobal drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Com...
- AI is making blue collar workers like electricians, mechanics richer than office workersArtificial intelligence is creating new, lucrative roles for skilled tradespeople in India, with demand for electricians, HVAC technicians,...
- ‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safeLayoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience ha...
- Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
- AI can be more disruptive as it targets both cognitive and skill-based jobs: CEA NageswaranAI's impact on jobs is broader than past tech shifts, affecting both cognitive and skill-based roles, according to chief economic adviser V...
- AI workloads push data centres to upgrade fire and cooling systemsData centres are significantly upgrading fire safety, cooling, and electrical systems following a recent Google Cloud incident. The surge i...
- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
- Americans wary of AI-driven data center boom, Reuters/Ipsos poll showsAmericans are not happy with the fast building of data centers for AI. Most people do not want these centers in their neighborhoods. They w...
- FOREX-Dollar steadies following US strikes on Iran and ahead of inflation dataThe dollar held steady as U.S. strikes on Iran followed a helicopter incident, though President Trump downplayed the event. Investors await...
- 'If America won't get Indian brains...': Former Meta executive and founder warns US on H1B visa, says jobs would go to Bangalore anywayA federal court struck down a $100,000 H-1B visa fee. Former Meta engineer Zach Wilson praised this, highlighting the talent pool in India....
- Meta funds skilled trades jobs program for AI data center buildoutThe cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta...
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