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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...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Unemployment rate hits 11-month high of 5.5% in MayIndia's unemployment rate climbed to a high in May. Rural joblessness saw a significant rise, reaching a 12-month peak. Urban unemployment ...
India's unemployment rate rises to 5.5% in MayIndia's unemployment rate saw an increase in May, reaching 5.5%. This marks a rise from April's 5.2%. Government data indicates a slight up...
Examination system in crisis: The urgent need to shift focus from cost to capabilityRecent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over e...
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...
Gold hits over 6-month low on rate-hike concerns amid Mideast conflictGold prices dropped to a six-month low as U.S. strikes on Iran fueled oil prices and inflation concerns. This, coupled with strong U.S. con...
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...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs dataWall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. H...
US stocks today: Nasdaq nosedives as Broadcom revenue miss dents chip stocksThe S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took...
US weekly jobless claims increase more than expected; labor market remains stableDespite high-profile job cuts by technology firms related to the adoption of artificial intelligence, layoffs have remained low, confining ...
US jobless aid filings, a proxy for layoffs, rise to 225,000 last week but remain historically lowJobless aid applications increased by 13,000 to 225,000 last week, exceeding forecasts but remaining historically low. This figure serves a...
US Stock Market on Thursday: S&P 500, Nasdaq, Dow Jones set for volatile trading. Full list of stocks to watch out todayDow Jones, S&P 500, Nasdaq investors in the U.S. Stock Market will look for Broadcom stocks, Micron Technology, Advanced Micro Devices, Mar...
ThynkTech Pune India closure: Noida IT Firm shutdown leaves 500+ jobless after Rs 15,000 deposit over issuing laptops, 2 months' salary unpaidA Noida IT firm, ThynkTech India OPC Pvt Ltd, has suddenly closed its Pune office, leaving over 500 engineers, interns and employees are no...
Global Market Today: Asian stocks drop after Broadcom outlook, oil dipsAsian markets and US futures declined. Broadcom's weak forecast impacted investor sentiment. Renewed US-Iran clashes also weighed on market...
Young and unemployed? Remote work, not AI, may be the problem, study findsRemote work is making companies hesitant to hire young graduates. A New York Fed study shows this is a key reason for increased unemploymen...
Global Market Today: Asian stocks count on AI boom to offset Gulf risksAsian markets rose Monday, buoyed by AI demand, despite Middle East tensions impacting oil prices. Investors await U.S. payrolls data, with...