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...
Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
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...
IITian struggles for job after getting laid off, wonders if MBBS would have been a better choice: 'At least doctors can earn something'An IIT graduate expressed jealousy towards the medical field, citing AI's impact on IT job security and his own layoff. He highlighted doct...
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...
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...
UK risks a 'lost generation' of jobless young peopleThe UK stands at a crossroads as more than a million young adults find themselves adrift, disconnected from education, employment or traini...
US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
US jobless claims rise to 215,000 but remain low despite Iran war uncertaintyAmericans sought more unemployment benefits last week. Layoffs remain low despite economic uncertainty. Jobless claims are up to 215,000. T...