FEBRUARY 17, 2024
Former US trade representative Robert Lighthizer, who served under former US president Donald Trump, said India is one of the world’s most protectionist countries. (Image: Reuters File/Representative)
Robert Lighthizer, who served as President Donald Trump’s trade representative between 2017 and 2021 in his book titled No Trade is Free: Changing Course, Taking on China and Helping America’s Workers...
FEBRUARY 18, 2024
Ethanol could be a viable alternative in India to electric cars, but it will take time to succeed as a greener and cleaner alternative to unblended petrol or diesel; as well as a cheaper alternative to electric vehicles.
In the rapidly evolving world of the automotive industry, a profound transition is underway, which is steering the trajectory toward...
FEBRUARY 16, 2024
Meta's CEO says that companies overhired and realized they worked better with fewer employees. JOSH EDELSON/Getty
Mark Zuckerberg said that tech layoffs since the pandemic are due to multiple factors.
The first wave was due to a course correction from pandemic-era growth and overhiring.
Meta's CEO said more recent layoffs are because companies realized being leaner can make you...
FEBRUARY 14, 2024
Jensen Huang, co-founder and chief executive officer of Nvidia Corp. I-HWA CHENG/Getty Images
Nvidia's (NVDA) got a chip on its shoulder.
The Santa Clara, Calif.-based company, which has seen its market value more than triple over the past year, has solidified its place as the world's biggest producer of chips for artificial-intelligence applications.
Artificial intelligence, or AI, makes it possible...
FEBRUARY 13, 2024
In a special interview aired by All India Radio on Tuesday, President Droupadi Murmu shared the trauma she went through after losing her two sons and husband.
“I was depressed at one point. Somebody recommended yoga and I also started meditating to cope. If your mind is idle, negativity starts to overcome you. I personally feel like spending...
FEBRUARY 13, 2024
What to Watch in the CPI Report: Will Inflation Fall Below 3%?
Inflation cooled to 3.1% in January, while underlying prices ticked up slightly more than expected.
Economists polled by The Wall Street Journal expected the Labor Department’s monthly inflation report would show that overall consumer prices were up 2.9% in January from a year earlier. That would mark...
Business
A popular economist says there’s no separation between work and play anymore because everything Gen Z does is Googleable
FEBRUARY 13, 2024
"They get much older, much faster as a result of living in a social media world," Yanis Varoufakis said of Gen Z. Claire Savage/AP Photo
An economist said Gen Z has no work-life separation because of social media.
Yanis Varoufakis said everything Gen Z posts online can be used against them in job interviews.
Some experts recommend...
Asia
Mongolia’s former president mocks Putin with a map showing how big the Mongol empire used to be, and how small Russia was
FEBRUARY 12, 2024
Russian President Vladimir Putin at the Kremlin in Moscow on Tuesday. Alexander Kazakov, Sputnik, Kremlin Pool Photo via AP
Putin has relied on historical borders to argue Ukraine is part of Russia and to justify the war.
Mongolia's former president shared a map of the Mongol Empire, which included parts of Russia.
"After Putin's talk. I found...
Business
What investors stashing $6.5 trillion away in cash should do as Fed pushes back on rate-cut expectations
FEBRUARY 11, 2024
The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds.
Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed policy pivot fizzled, according...
Business
Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history — and experts say it could cost Americans their homes, spending power and national security
FEBRUARY 11, 2024
Jamie Dimon is sounding the alarm over national debt and the issues it could cause for markets down the line—but how worried should consumers be? - Tom Williams—CQ-Roll Call, Inc/Getty Images
In the late 19th century Alexander Hamilton wrote "national debt, if it is not excessive, will be to us a national blessing." A nice idea in theory,...