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JOBS AND INFLATION NOVEMBER 2023
Gold extends losses on Fed tightening outlook, dollar strengthGold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve inte...- Dollar rides high on Fed rate-hike betsThe US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength...
- Gold price prediction: Gold rate crashes to lowest since November 2025, why is bullion nosediving?Gold rate fell below the key $4,000-per-ounce level for the first time since November 2025 and Gold prices are set for extending losses on ...
- How much health insurance cover do you need? Here’s the ideal cover for ₹10 lakh, ₹20 lakh, ₹30 lakh, and ₹50 lakh annual income as per expertsSoaring medical costs, with surgery expenses up 250-300%, necessitate robust health insurance. Experts advise a minimum of Rs 10-15 lakh fo...
- RBI in wait-and-watch mode, no certainty on rate hike: Governor Sanjay MalhotraReserve Bank of India Governor Sanjay Malhotra stated that an interest rate hike is premature, as inflation hasn't broadly impacted consume...
- US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
- From dream job in Bangalore to daily panic: Why starting something good can still feel overwhelmingA 23-year-old woman secured her dream job with a double the expected package, relocating to Bangalore for a seemingly perfect opportunity. ...
- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- Gujarat: AAP MLA Vasava, 8 others get 7 years in jail for assaulting forest officials, extortionAam Aadmi Party MLA Chaitar Vasava and eight others, including his wife, have been sentenced to seven years in prison by a Rajpipla court. ...
- Centre extends Old Pension Scheme (OPS) benefit to compassionate ground appointees: Application date to decide eligibility; who will benefit?Central government employees appointed on compassionate grounds before 2004, but joining after, can now opt for the Old Pension Scheme (OPS...
- Workday must face California lawsuit over AI bias in job screening toolsUS District Judge Rita Lin in San Francisco rejected California-based Workday's claim that the state's anti-discrimination laws do not appl...
- India's June private sector growth slips to three-month low as demand, confidence cool, PMI showsIndia's private sector growth slowed in June, hitting a three-month low as weaker demand impacted both factories and services. Business con...
- Talent shortage slows AI project progress beyond pilot stagesIndia faces a looming AI talent crisis, with projections indicating a shortage of over a million professionals by 2027. Companies are strug...
- World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
- Brexit at 10: How Britain's financial sector recovered and evolvedPost-Brexit, London's financial landscape has witnessed a decline in its global market influence and workforce numbers. While some position...
- 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...
- UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
- How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
- 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...
- US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
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