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Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investmentMeta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skil...- Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
- S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interes...
- Fed's Warsh inherits economy increasingly squeezed by inflationNew Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing ...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- US Stock Market: Mortgage rates hit 9-month high as inflation worries deepenUS mortgage rates reached a nine-month high of 6.65% last week, driven by elevated oil prices and inflation concerns. This surge, coupled w...
- 97% of Indian manufacturers say digital transformation is essentialThe nation leads global peers in high-budget technology spending, and 88% are already utilizing AI/ML in operations. Despite challenges in ...
- US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
- Samsung union says to embark on 48,000-strong strike on Thursday after impasse on bonusesSamsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea'...
- Stellantis expands AI manufacturing push with Accenture and NVIDIAStellantis’ partnership with Accenture and NVIDIA highlights a broader shift in the AI industry beyond chatbots and copilots toward industr...
- The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
- Samsung, labour union meet again as Seoul threatens to intervene to block strikeSamsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike...
- Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety risesAs layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechan...
- At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
- US weekly jobless claims increase moderately, labor market remains stableInitial jobless claims rose moderately to 211,000 last week, indicating a stable labor market despite rising inflation driven by energy pri...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Quote of the day by Simone Weil: 'Petroleum is a more likely cause of international conflict than...' – French philosopher and mystic's warning on global conflict, power, energy politics and how oil drives war and the economyQuote of the day by Simone Weil: Simone Weil's observation that petroleum is a more likely cause of international conflict than wheat highl...
- AI is not replacing workers on a large scale so far, says Bank of CanadaThe Bank of Canada reports no widespread job losses due to artificial intelligence. AI is seen as a tool to transform tasks, not eliminate ...
- The US is tightening H-1B visas. Its economy may pay the priceA wave of legislative proposals in Washington targets the H-1B visa program and the broader immigration pipeline for skilled workers. Bills...
- Trump wants to make H-1B workers more expensive for US employersA Trump administration proposal would significantly increase H-1B visa minimum salaries, requiring entry-level software engineers in San Fr...
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