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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...
TSMC to invest another $100 billion in US as Q2 profit blows past forecastsTSMC will invest an additional $100 billion in Arizona, expecting robust AI demand. The company raised its capital spending forecast signif...
29-year-old techie earns ₹7 lakh a month moonlighting for two jobs, owns two houses, has Rs 80 lakh assets, but still can't relax. Here's whyTechie Rohit Moonlighting Two Jobs: A 29-year-old Indian software professional earns nearly ₹7 lakh monthly from two demanding jobs. He wor...
India’s tech export story is entering a multi-corridor eraEurope is becoming a stronger corridor for Indian technology exporters, with demand led by cloud migration, cybersecurity, AI adoption, ent...
Dollar near one-month low as cooling inflation curbs Fed hike betsThe U.S. dollar weakened near a one-month low on Thursday. Soft inflation data reinforced expectations of a patient Federal Reserve policy....
Fed's Cook says she is prepared to act soon if inflation does not begin to slowFederal Reserve Governor Lisa Cook signalled readiness to act if inflation fails to ease, while allowing more time to assess trends. She fl...
When correlations break, can dynamic multi-asset funds offer investors better outcomes?Bhautik Ambani, CEO, AlphaGrep, explains why modern investing must take into account the limitations of predicting the market, and instead ...
Dollar struggles as softer inflation dims Fed hike betsThe dollar weakened significantly after softer inflation data emerged on Wednesday. This data curbed expectations for an immediate Federal ...
India's Purple Economy could add $150 billion to growthIndia's Purple Economy offers a USD 150 billion market opportunity. This framework recognizes persons with disabilities as economic contrib...
'We Must Act Now': Eric Schmidt, Reid Hoffman, Joseph Stiglitz among 200 who just sounded an alarm on AIOver 200 global experts have signed a letter urging immediate action on AI's economic impact. They caution that artificial intelligence cou...
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...
California, 11 states suing to block Paramount's $110 billion Warner Bros dealCalifornia and eleven states are suing to block Paramount's acquisition of Warner Bros. Discovery. They allege the deal would lessen compet...
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...
Raghuram Rajan, Microsoft's Asha Sharma among Indian-origin appointees to US Fed review panelsUS Federal Reserve appointed Indian-origin experts for policy review. Raghuram Rajan and Raj Chetty will join task forces. Asha Sharma will...
US Fed appoints Marc Andreessen to co-lead productivity, jobs task force to assess economic impact of new technologiesThe US Federal Reserve has formed five task forces to modernize its monetary policy framework. Marc Andreessen will co-lead a task force ex...
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...
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
Gold trades near two-week high on cooling US rate-hike betsGold prices are holding firm near a two-week peak, buoyed by a recent U.S. jobs report that softened expectations for immediate Federal Res...
US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentimentA recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and...
US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...