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IT RECESSION
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...- Canada introduces legislation to ban social media for children under 16, regulate AI chatbotsThe bill also aims to make AI chatbots safer by setting up a digital regulator to establish safety standards, a government official said. C...
- Stock-pay boom amplifies US economic drumbeat: Mike DolanRising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensat...
- Quote of the day from investing legend Howard Marks: 'You have to be prepared for when things go against you. You have to survive on the bad days' - Life and investing lessons from Mastering the Market Cycle authorHoward Marks, a renowned investor, stresses survival over maximum returns. In one of his famous quotes, he advises investors to build resil...
- 190 vs 620: India has nuke edge over Pakistan but can it deter China?China is rapidly expanding its nuclear arsenal, outpacing India in warhead numbers and technological advancements. India is enhancing its n...
- Reassure homes, not just economy: Why India’s growth feels weaker at household levelThe ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data point...
- Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
- Can’t find a job after graduation? Blame WFH, not AIRecent graduates are blaming AI for a tough job market, but new studies suggest remote work is the primary culprit. WFH policies make it ha...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- Migrant children separated under Trump policy face renewed family breakupsFederal agents are separating children from their families again in the United States. This is happening despite legal settlements meant to...
- Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
- 'Doctors have BMWs, Audis': IIT engineer, who got laid off by a American big tech company, says MBBS is the only AI-proof career left in India; doctors fire backAn IIT graduate's claim that medicine is India's safest career is sparking debate. He argues AI and tech layoffs make doctor jobs more secu...
- OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...
- Mumbai techie, who once lived in slums, earned Rs 5000 per month, reveals how he landed job in Germany in viral post: ‘How it started…’Santosh Yadav's inspiring journey from Mumbai slums to a Germany-based tech job captivates many. He overcame financial struggles and langua...
- Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
- Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firmJapan's Nikkei share average surged past 67,000 for the first time, driven by AI-related stocks. SoftBank Group became the country's most v...
- Living in the land of cheater cockroaches takes guts, spunk & moxieTo learn to cheat in India - in exams or real estate, by overcharging in hospitals or fleecing foreign tourists - is to learn how to surviv...
- Global growth to weaken, India stands out with strongest growth prospect: WEF surveyIn its latest Chief Economists' Outlook, the World Economic Forum (WEF) said nearly nine in ten chief economists surveyed expect global gro...
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