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1 day, 5 hours ago

US economy likely added 153,000 jobs last month, returning to normal after strike and hurricanes

WASHINGTON — Getting a clear view of the U.S. job market hasn’t been easy the past few months. Forecasters surveyed by the data firm FactSet expect that U.S. payrolls grew by 153,000 last month, compared to 227,000 in November and a mere 36,000 in strike- and hurricane-hit October Boston College economist Brian Bethune is slightly more optimistic about last month’s …

Economy Job Inflation Month Fed Rate Last Month

1 day, 13 hours ago

Design an Economist cover

The Economist

Here is a cover-length editorial on the virtues of GLP -1 receptor agonists, such as Ozempic and Wegovy. Trials show that glp -1 agonists reduce chronic kidney disease in diabetics; and there are signs they may lessen brain shrinkage and cognitive decline in Alzheimer’s. Studies of health records suggest that they may help with addictions, too; people already on glp …

Disease America Glp Agonists Drugs Promise

1 day, 17 hours ago

Is India open to the idea of dual citizenship?

The Hindu

At an event in December, External Affairs Minister S. Jaishankar said there are a lot of challenges in providing dual citizenship to Indians settled abroad. Professor Mattoo, what are your thoughts about granting dual citizenship rights to people of Indian origin living abroad? I don’t think it can really be a serious, substantive question to allow people to have citizenship …

India Diaspora Rights Citizenship Indian Country Indian Nationals

2 days, 4 hours ago

China inflation hits nine-month low in December

The Hindu

China narrowly avoided slipping into deflation in December with prices rising at their slowest pace in nine months, official figures showed Thursday, as Beijing struggles to kickstart consumer activity in the world's number two economy. "Recent economic data stabilised but the momentum is not strong enough to generate upward pressure on consumer prices yet," Zhiwei Zhang, chief economist at Pinpoint …

China Inflation Hits

2 days, 13 hours ago

California wildfires show we are not prepared for climate change

Salon

I spent most of the evening on January 7, a Christmas Day celebrated by Orthodox Christians around the world, monitoring local news and emergency apps for evacuation alerts for the Los Angeles area. As one writer pointed out on X on Tuesday night, “this is how people turn into climate refugees.” As Salon has previously reported, nowhere will be safe …

Climate City California Los Angeles Los Angeles Night

2 days, 13 hours ago

The final jobs report for 2024 lands Friday. Here’s what 2025 could mean for your job

CNN

CNN — In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. How that likely shaped up through December should become a lot clearer on Friday when the Bureau of Labor Statistics releases the final jobs report for 2024 at 8:30 a.m. Economists …

Labor Job Growth Market Data Health Care Jobs

3 days, 4 hours ago

ChatGPT could replace telemarketers, teachers and traders

Live Mint

AFTER DECADES of blue-collar jobs being snatched up by machines, advanced chatbots are now breathing down white collars. Humans and AI separately rated how well software powered by large language models, which are trained on vast chunks of the internet and then fine-tuned to specific functions, could undertake 19,000 tasks involved in the jobs. For other tasks the annotators imagined …

Jobs Ai Tasks

3 days, 8 hours ago

Xi Jinping muzzles Chinese economist who dared to doubt GDP numbers

Live Mint

At a Washington forum last month, a prominent Chinese economist raised doubts about Beijing’s economic management and said China’s economy might have grown at less than half the roughly 5% pace flaunted by authorities. “We do not know the true number of China’s real growth figure," Gao said at the Dec. 12 event, whose webcast is available on the Peterson …

Economy Growth China Data Economic Journal Securities

3 days, 9 hours ago

Yuan eases to 16-month low, pressured by strong dollar

Live Mint

SHANGHAI, Jan 8 - China's yuan fell to a 16-month low on Wednesday, pressured by a strong dollar and tariff threats from U.S. President-elect Donald Trump's incoming administration, despite the central bank setting stronger-than-expected guidance. "The yuan is expected to face depreciation pressure, not only from tariff hikes but also from a significantly stronger dollar," said Wang Tao, chief China …

China Yuan Dollar Low Pressured

3 days, 22 hours ago

US job openings rise unexpectedly to 8.1 million in November, a sign the labor market is resilient

Associated Press

WASHINGTON — U.S. job openings rose unexpectedly in November, showing companies are still looking for workers even as the labor market has cooled overall. Openings rose to 8.1 million in November, the most since February and up from 7.8 million in October, the Labor Department reported Tuesday. When the Labor Department releases December hiring numbers on Friday, they’re expected to …

Labor Job Fed Rate Openings Job Openings

4 days ago

A flailing economy has left the EU exposed to Trumpian outbursts

Live Mint

Given the plethora of crises the European Union has faced in the past 15 years or so—from the euro-zone miasma to those on migration, Brexit, the pandemic, then the war in Ukraine and an ensuing energy-price spike—it can be hard to know when one emergency ended and the next began. At the start of the week—as long ago as it …

France Ukraine Leaders America Mr Trump Budapest European Economy

Here’s the latest sign the job market is cooling

CNN

CNN — The “Great Stay” deepened in November as the number of people who quit their jobs that month dropped to under 3.1 million, a level not seen since the height of the pandemic. The latest Job Openings and Labor Turnover Survey report, which was released Tuesday, also showed that hiring activity remained at a decade low, a further indication …

Labor Job Market Gould Factset Job Openings

1 week, 1 day ago

Manmohan Singh as PM pulled 13.8 crore people out of 'below poverty line': Economist MS Ahluwalia

New Indian Express

NEW DELHI: Economist Montek Singh Ahluwalia praised former prime minister Manmohan Singh for his efforts to bring 138 million people out of the 'below poverty line'. Ahluwalia, former Deputy Chairman of the Planning Commission of India, said that India grew faster in terms of economic growth during Singh's tenure than it had ever done. Montek further said that prime minister …

India Prime Prime Minister Minister Singh Manmohan Singh Poverty Line

1 week, 1 day ago

Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July

Associated Press

WASHINGTON — U.S. mortgage rates rose this week to the highest level since July. The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac. The average rate on a 15-year fixed-rate mortgage, popular with homeowners seeking to refinance, climbed to 6.13%, up from 6% and also the highest since July. …

Mortgage Rate Freddie Mac

1 week, 2 days ago

Turkey Inflation Likely Missed Central Bank Target For End-2024

Live Mint

-- Turkish inflation in December likely eased less than the central bank projected, just as policymakers have started to set the stage for a more accommodative stance in the new year. The monetary authority justified lowering borrowing costs — the first time since February 2023 — by citing preliminary data showing an improvement in services inflation and the underlying trend …

Policy Inflation Bank Central Rate Bloomberg Borrowing Costs

1 week, 2 days ago

India’s manufacturing sector showed robust job creation, December PMI at 56.4

Live Mint

New Delhi, January 2 : India's manufacturing sector showcased continued resilience in December 2024, with employment rising for the tenth consecutive month and reaching its fastest pace of job creation in four months, according to HSBC India Manufacturing Purchasing Managers' Index. India's manufacturing sector ended 2024 on a softer note as the PMI for December fell to 56.4, marking the …

India New Orders Hsbc Pmi

1 week, 2 days ago

Opinion: Women like me struggle to see ourselves as veterans. Why?

LA Times

Female recruits participating in the Crucible, a 54-hour series of physical tasks and events that make up the final test before they officially become Marines, in South Carolina, in 2019. He recently informed Fox News viewers of his newfound revelation that women in the military are “some of our greatest warriors.” His initial statements, and his refusal to take responsibility …

Women Men Care Red Marine Veteran Hegseth

1 week, 2 days ago

How AAP’s Trickle-up Economics Offers an Alternative Path of Development | Book Excerpt from ‘The Delhi Model’ by Jasmine Shah

The Hindu

Published : Jan 01, 2025 18:57 IST - 6 MINS READ Ahead of the final leg of the 2024 Lok Sabha elections, Prime Minister Narendra Modi in an interview was asked about India’s growing inequality. That’s not all, the share of India’s richest 1 per cent in its national income in 2022 exceeded all the G20 nations, surpassing even the …

India Economy Growth Delhi Economics Indian Economic

1 week, 4 days ago

'Fancy footwork': China has reportedly figured out how to beat Trump's tariff threat

Raw Story

China may be able to sidestep Donald Trump's tariffs just as easily as the last time he slapped them on the trade rival. The once and future president imposed tariffs on Chinese bicycles in 2018, but manufacturers just moved their final assembly operations to facilities in Cambodia, India, Malaysia, Taiwan and Vietnam — using parts mostly made in China — …

China Trade Trump Mexico Chinese Tariff Other Countries

1 week, 4 days ago

Manmohan Singh: The unsung maestro of Parliament

Hindustan Times

Dr Manmohan Singh’s journey from a modest childhood in Gah to one of India’s most respected public figures is well-documented. Dr Singh’s first intervention in Parliament occurred on July 12, 1991, in the Lok Sabha, when he addressed supplementary questions posed by KP Unnikrishnan about the government’s decision to sell gold. Dr Singh also kept Parliament informed on critical foreign …

India Rajya Sabha Economic Prime Minister Minister Singh Sabha

1 week, 4 days ago

Komatireddy Remembers Manmohan Singh's Contributions to India

Deccan Chronicle

Hyderabad: Minister for roads and buildings Komatireddy Venkat Reddy in his tribute to former prime minister Dr. Manmohan Singh, said that he was an economist admired by the world and a great leader, who put the country on the path of development with visionary reforms. A true-blue patriot, he was a prime minister who lived like a common man and …

Prime Minister Singh Venkat Reddy Minister India Remembers Manmohan Prime Minister India

Treats passengers badly: Ex-Infosys CFO slams IndiGo for no AC in Bengaluru flight

India Today

Mohandas Pai, economist and former Infosys CFO, expressed his displeasure after travelling on an IndiGo flight and slammed the airline in an angry post on X for treating passengers “badly”. Passengers on flight 6E 7407 in Bengaluru were left without air conditioning while sitting on the tarmac in sweltering heat, Pai complained in his post that also drew a response …

Bengaluru Air Indigo Pai Mohandas Pai Badly Passengers

1 week, 5 days ago

‘Great statesman’: Maldives President Muizzu recalls Dr Manmohan Singh’s visit that strengthened ties

Live Mint

Maldives' President Mohamed Muizzu praised Dr Manmohan Singh as “a great statesman,” days after his death. Mohamed Muizzu's message Maldives' President paid tributes to India's former Prime Minister on social media platform X and said that his “historic visit to the Maldives in November 2011 marked a significant milestone in advancing our economic and social development.” “Dr Singh’s commitment to …

India Prime Maldives Minister Singh Manmohan Singh Mohamed Muizzu

1 week, 5 days ago

2025 may ring in small savings rate cuts

The Hindu

Investors in small savings schemes should brace themselves for a year of interest rate cuts, and the first reduction in returns on these schemes may come as early as this week when the government resets rates for the January to March quarter. Although the PPF rate has remained unchanged since then, the Centre began hiking rates on other small savings …

Savings Interest Rates Small Savings Schemes 2025 Small Schemes Ring

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Search results for economist

US economy likely added 153,000 jobs last month, returning to normal after strike and hurricanes

Design an Economist cover

Is India open to the idea of dual citizenship?

China inflation hits nine-month low in December

California wildfires show we are not prepared for climate change

The final jobs report for 2024 lands Friday. Here’s what 2025 could mean for your job

ChatGPT could replace telemarketers, teachers and traders

Xi Jinping muzzles Chinese economist who dared to doubt GDP numbers

Yuan eases to 16-month low, pressured by strong dollar

US job openings rise unexpectedly to 8.1 million in November, a sign the labor market is resilient

A flailing economy has left the EU exposed to Trumpian outbursts

Here’s the latest sign the job market is cooling

Manmohan Singh as PM pulled 13.8 crore people out of 'below poverty line': Economist MS Ahluwalia

Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July

Turkey Inflation Likely Missed Central Bank Target For End-2024

India’s manufacturing sector showed robust job creation, December PMI at 56.4

Opinion: Women like me struggle to see ourselves as veterans. Why?

How AAP’s Trickle-up Economics Offers an Alternative Path of Development | Book Excerpt from ‘The Delhi Model’ by Jasmine Shah

'Fancy footwork': China has reportedly figured out how to beat Trump's tariff threat

Manmohan Singh: The unsung maestro of Parliament

Komatireddy Remembers Manmohan Singh's Contributions to India

Treats passengers badly: Ex-Infosys CFO slams IndiGo for no AC in Bengaluru flight

‘Great statesman’: Maldives President Muizzu recalls Dr Manmohan Singh’s visit that strengthened ties

2025 may ring in small savings rate cuts