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In 2002, a blind man and an armless man teamed up in a Chinese village, one serving as the other's eyes and hands; over the next 15 years, they planted more than 10,000 trees by hand along a barren riverbankTwo lifelong friends, Jia Wenqi and Jia Haixia, rebuilt a dead riverbank into a forest. They planted over ten thousand trees by hand, overc...
Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
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...
Charting the Global Economy: US CPI cools, China growth slowsUS inflation data eased in June, prompting investors to lower interest rate hike bets. China's economy slowed more than anticipated, increa...
Gold set for biggest weekly fall in six as Iran war fans inflation worriesGold prices saw a rebound on Friday, yet are set for a significant weekly loss. Renewed clashes between the United States and Iran have lif...
US weekly unemployment claims fall to 208,000, fewest in 10 weeksJobless benefit filings in the United States decreased last week to a ten-week low. Americans applying for unemployment aid fell to 208,000...
A case for less talk? Making sense of Fed's flip-flops over past one yearThe call from Federal Reserve chief Kevin Warsh to curtail policy guidance is gathering momentum, with Fed Governor Chris Waller making a n...
India’s unemployment rate steady at 5.5% in JuneIndia's overall unemployment rate held steady at 5.5 percent in June. Female unemployment increased to 5.9 percent, while male joblessness ...
Country heading towards economic crisis due to Modi govt's policies: CongressWholesale price inflation reached 9.87 percent in June, impacting the nation's economy. The Congress party attributes this rise to the gove...
US job cuts: Moody's chief economist Mark Zandi sees 'big warning' signs in June data. Here's why he's worried about the labour marketEconomists question the strength of the June US jobs report. Mark Zandi notes falling labor force participation drove the unemployment rate...
US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy frameworkFederal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists w...
Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
Fed officials divided on US inflation views; US home prices hit all-time highThe International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices ...
IMF growth downgrade, Fed split and oil fears dominate week in global economyThe International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-...
OECD faces $500 billion productivity hit by 2040 as ageism keeps older workers sidelined: WEFAgeism may cost OECD economies nearly $500 billion in productivity losses by 2040. Older workers face longer unemployment spells and struct...
Gold heads for weekly drop as Gulf attacks reinforce rate-hike betsGold prices held steady early Friday as markets assessed inflation risks. Renewed rate-hike expectations are pushing the non-yielding metal...
US stocks today: Nasdaq rallies to sharply higher close; chip surge offsets Iran worriesUS markets closed higher led by chip stocks, with Micron boosting sentiment through a massive investment plan tied to AI demand. Gains came...
US stocks today: S&P 500, Nasdaq rises as chip stocks' gains offset Middle East jittersWall Street rose as chip stocks rallied, offsetting concerns over escalating US-Iran tensions. Gains in semiconductor firms, led by Micron ...
US weekly jobless claims fall amid stable labor market conditionsInitial unemployment claims decreased last week, indicating a stable labor market. Job growth slowed in June, but economists see no major s...
It's better not to attend university in India: Saurabh Mukherjea on why it makes no sense to study after schoolIndian graduates face poor job prospects, with many earning less than skilled laborers. Experts suggest vocational training offers better f...