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RECESSION FEARS
Keep humans as pets? Amid Anthropic researcher’s ‘AI will kill humans’ warning, how AI could take over the world without wiping us outAI researchers express concerns about potential human extinction and enfeeblement. These fears stem from loss-of-control scenarios and deli...- Infosys, HCLTech, TCS, other IT stocks drop up to 3% as Fed rate hike worries return. Here's whyIndian IT stocks dropped on Monday as stronger-than-expected US jobs data revived concerns over a September Federal Reserve rate hike. The ...
- US debt hits $40 trillion. Here’s how Washington has tackled funding crises beforeAmerica has historically faced significant debt challenges and devised new funding methods. During the Civil War, new buyers were created f...
- Quote of the day by Tom Gayner: "I’ve always said you might as well assume the world is going to work, because if it doesn’t, it doesn’t really matter what your investment portfolio looks like"Tom Gayner’s investment philosophy encourages investors to remain constructive about the long term. Despite volatility, geopolitical risks ...
- ‘In God we trust, all others pay cash’: Warren Buffett had the cash and still has itBerkshire Hathaway lost $11.5 billion. Buffett spent $14.5 billion. And then, he told his shareholders about the two worst decisions he had...
- Quote of the day by Philip Carret: "I’m an optimist, both as a person and an investor. It’s a big mistake to be pessimistic as long as we have a viable civilization which is reasonably well managed"Legendary investor Philip Carret said optimism is essential for successful investing, helping investors remain disciplined through market v...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- Federal Reserve Bank of New York President John Williams expects inflation to ease, says Fed will act if it doesn'tFederal Reserve Bank of New York President John Williams anticipates inflation will cool gradually. He believes current interest rate polic...
- UK recession fears grow if Hormuz remains closed, forecaster warnsBritain's economy may shrink in 2027 if the Strait of Hormuz closure continues. Forecasters predict a 0.2% contraction if the waterway rema...
- US senate leaders reach funding deal to avoid shutdown during campaign seasonKey senators revealed a short-term spending bill to fund federal agencies past elections. This measure aims to prevent a government shutdow...
- Psychology behind why older people hide their wealth from their children: It has nothing to do with trust or selfishnessPsychology of older people hiding wealth: Elderly Indians often hide financial details from their children. This secrecy stems from a desir...
- Quote of the day by Barack Obama: "Hope is not blind optimism. It's not ignoring the..." — Inspiring life lessons on courage, resilience, leadership, purpose, determination, human potential, and why the greatest victories often begin when the odds seem impossible by the former US PresidentQuote of the day by Barack Obama: Barack Obama’s quote, "Hope is not blind optimism. It's not ignoring the enormity of the task ahead or th...
- America's 'mass affluence' is bigger than you thinkThe U.S. economy is increasingly defined by a K-shaped recovery, but the affluent group driving growth is far larger than a small elite. Ac...
- Strait of Hormuz hangs in the balance as US-Iran ceasefire unravelsThe US-Iran deal faces significant strain due to escalating tensions in the Strait of Hormuz. Iran has closed the strait, prompting US reta...
- Is there increased recession fears in the US markets after selloff? Here's what you should knowUS may be closing in on an impending recession very steadily, as the fears of the same is taking a rapid turn due to the selloffs. How will...
- Unprecedented layoffs in the offing, say bye to the 4-day workweekEconomic concerns in the United States could be a major issue for the corporate culture, as it could lead to a reduction in remote working ...
- US Recession 2024 fears: Is it happening? Here is what data revealsThe US stock market has hinted that fears over possible recession have gripped the sentiments across. Here are parametres that may help det...
- Meta now 'rescinds' full-time job offers amid recession fearsAs layoffs deepen in New Year, Meta (formerly Facebook) has reportedly rescinded full-time employment offers to some people, which is a fir...
- Investing in the shadow of a recessionInvesting is forward looking. There are a number of ways to interpret current trends that provide a fairly positive outlook for investing, ...
- Gold steady, firm dollar offsets recession supportSpot gold was unchanged at $1,743.99 per ounce by 0030 GMT, having gained 0.7% in the previous session on recession fears. US gold futures ...
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