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EMPLOYMENT DROP JULY
U.S. added 79,000 fewer jobs in 12 months through March, BLS saysGovernment data indicates fewer jobs were created over the past year. This revision follows a surprise employment drop reported in July. Jo...- Husband claims annual salary fell to Rs 36 lakh, cites Rs 1.7 crore home loan; court orders Rs 2 lakh monthly maintenance to wifeA Gurgaon family court ordered a husband to pay Rs 2 lakh monthly maintenance to his estranged wife and children despite a sharp income dro...
- Kaynes Tech, Dixon Tech, Syrma shares rise up to 2% after govt notifies Rs 62,500 cr mobile manufacturing schemeShares of Kaynes Tech, Dixon Technologies and Syrma SGS gained after the government notified its Rs 62,500 crore Mobile Phone Manufacturing...
- AI is creating more jobs than it destroys in India, but freshers face the squeezeAI is creating more jobs than it destroys in India currently. However, entry-level hiring is declining significantly for young workers. Com...
- Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
- Bangladesh's gas crisis hits factories, homes and transportIn the face of an acute natural gas scarcity, Bangladesh is witnessing the shutdown of key fertiliser plants, impacting hundreds of factori...
- Gold steadies, heads for third straight weekly gainGold prices maintained stability, closing in on a potential third consecutive weekly rise. The support came from a weaker dollar and Treasu...
- US unemployment claims dropped to 206,000 last week with layoffs still sparseUS weekly jobless claims fell to 206,000 last week from a revised 212,000, signalling that layoffs remain historically low despite higher e...
- 29-year-old software engineer quit $250,000 job. Invested $150,000 to start a matcha cafe in Manhattan; you won't believe how much she takes homeAfter leaving a high-paying software engineering position, Michelle Yeung chose to pursue her passion for matcha by opening a café called M...
- Charting the Global Economy: US CPI softens, UK economy expandsUS inflation showed little acceleration in July, reinforcing the Federal Reserve's pause on rate hikes. European economies continued to sho...
- US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
- Dollar falls on surprise drop in US retail salesIn July, US retail sales surprisingly took a dip, leading to a decline in the dollar's value. This drop enabled the euro and sterling to so...
- JioBlackRock Mutual Fund files draft with Sebi for balanced advantage fundJioBlackRock Mutual Fund has filed a draft with Sebi for a Balanced Advantage Fund investing dynamically in equity and debt. The scheme wil...
- The female breadwinner era is here: Why millions more women are working while younger men are quietly leaving the labor forceUS women now hold more jobs than men, a significant economic shift. This trend is driven by long-term structural forces, not a recession. F...
- US wholesale inflation slows as gas prices, food costs fall in JulyWholesale inflation saw a notable decrease last month, easing price pressures. Gas prices reversed some earlier increases, contributing to ...
- US consumer prices increase as expected in JulyU.S. consumer prices saw a slight increase in July, which could impact Federal Reserve rate decisions. Core inflation also gained marginall...
- Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
- US Treasury yields fall as jobs report dashes hike betsU.S. Treasury yields saw a drop on Friday following an unexpected decline in July's job numbers. Traders subsequently lowered their predict...
- Dollar falls against yen, euro as weak US jobs data clouds Fed outlookThe US dollar weakened against major currencies on Friday. Unexpected job losses in July fueled economic concerns and clouded Fed rate outl...
- US service sector maintains strong growth pace in JulyThe Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index inched up to 54.1 last month from 54.0...
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