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WHAT IS RECESSION
An island of colorblind people: Around 1775, just 20 people survived a Pacific typhoon, and one rare mutation still affects the vision of many descendants todayA remote Micronesian island, Pingelap, is home to a unique genetic condition where a significant portion of its population experiences comp...
Salary SleepThe text uses satire to highlight absurd scenarios across corporate life, economics, and sports. It describes a company where employees are...
Why Fed's bubble blind spot is cause for anxietyNew Federal Reserve Chair Kevin Warsh may follow Alan Greenspan's approach of not intervening in financial bubbles, a strategy that led to ...
What are the Fed's bank 'stress tests' and what's new this year?The US Federal Reserve is releasing its annual bank stress test results today, assessing how major lenders would fare in a severe economic ...
America’s 'midlife crisis' may not be what we think: A study reveals deeper issues and links middle-aged struggles to these factorsMiddle age in the US is increasingly marked by loneliness, stress, and declining well-being, unlike in many European nations where midlife ...
Starmer becomes sixth UK PM to quit in less than 10 years. What happens next?UK Prime Minister Keir Starmer has resigned amid growing pressure within the Labour Party, becoming the sixth British prime minister to lea...
Keir Starmer resigns as UK Prime Minister: What went wrong after Labour's historic victory?In a stunning political upheaval, Keir Starmer has resigned as UK Prime Minister and Labour leader after just two years in power. His decis...
Oil export curbs waived, blockade lifted: Iran says 'major progress' in US talksIran and the US have made significant strides in peace talks, with mediators Qatar and Pakistan announcing major progress. Discussions in S...
Quote of the day by Charlie Munger: "I figure that I want to swim as well as I can against the tides. I’m not trying to predict the tides"Charlie Munger’s quote on swimming against market “tides” highlights his belief that investors should not try to predict markets but instea...
Trump blows through his Iran red lines in justifying peace dealPresident Trump signaled a significant shift in US policy towards Iran, seemingly abandoning key "red lines" previously used to justify mil...
'Burning classrooms' track schools in sun-scorched SpainChildren in L'Hospitalet de Llobregat are struggling with unbearable classroom heat exceeding 29C, prompting a grassroots project to monito...
Stock-pay boom amplifies US economic drumbeat: Mike DolanRising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensat...
Quote of the day from investing legend Howard Marks: 'You have to be prepared for when things go against you. You have to survive on the bad days' - Life and investing lessons from Mastering the Market Cycle authorHoward Marks, a renowned investor, stresses survival over maximum returns. In one of his famous quotes, he advises investors to build resil...
Reassure homes, not just economy: Why India’s growth feels weaker at household levelThe ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data point...
Can’t find a job after graduation? Blame WFH, not AIRecent graduates are blaming AI for a tough job market, but new studies suggest remote work is the primary culprit. WFH policies make it ha...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Migrant children separated under Trump policy face renewed family breakupsFederal agents are separating children from their families again in the United States. This is happening despite legal settlements meant to...
Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
'Doctors have BMWs, Audis': IIT engineer, who got laid off by a American big tech company, says MBBS is the only AI-proof career left in India; doctors fire backAn IIT graduate's claim that medicine is India's safest career is sparking debate. He argues AI and tech layoffs make doctor jobs more secu...
Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...