DAVOS, Switzerland (AP) — The outlook for the U.S. economy is unusually cloudy as war rages in Ukraine, commodity prices surge and the Federal Reserve embarks on a tricky campaign to tame inflation with higher interest rates. Panelists said during a World Economic Forum panel Monday in Davos that the uncertainty is rattling financial markets...Read More
US on May 23 announced that the new economic grouping for the Indo-Pacific, labelled as the Indo-Pacific Economic Framework (IPEF) will involve at least 13 Asia-Pacific countries that account for 40% of the world’s gross domestic product. United States, India, Japan and South Korea, and the 13 members of the framework will include Australia, Brunei, Indonesia, Malaysia, New Zealand,...Read More
EVANSVILLE, Ind. (WFIE) – There are growing concerns about the state of the economy with the stock market sliding to new lows since 2020. The stock market keeps hitting new lows, while the prices of everything from gas to groceries keep going up. Experts are calling it a “volatile market.” On Friday, the S&P 500...Read More
As the rupee slides to a lifetime low against the dollar, individuals planning to travel abroad, students looking to study overseas and those planning to buy imported items would be affected. However, NRIs repatriating money home and investors of mutual funds having exposure to foreign stocks will gain from the depreciating rupee. The rupee has...Read More
SACRAMENTO, Calif. – California employers added 41,400 new jobs in April, dropping the state’s unemployment rate to the lowest its been since the start of the pandemic following 14 consecutive months of growth. The nation’s most populous state has now regained more than 91% of the 2.7 million jobs lost in March and April 2020,...Read More
An Ocean County man with a learning disability and health issues has filed suit against the Dollar General Corporation, claiming he was fired from the Point Pleasant store for being “too slow” at his job as a stocking clerk. Eric Sica, 38, of Brick, said in court papers he disclosed during his job interview that...Read More
To mitigate climate change, decarbonizing your supply chain can be one of the most impactful measures. It’s time that organizations start to proactively implement a strategy of decarbonizing their supply chain, as well as their own operations. Here are six steps that can be taken by organizations that are committed to multiplying their own efforts...Read More
SEOUL, South Korea (AP) — U.S. President Joe Biden and South Korean President Yoon Suk Yeol said after meeting Saturday that they will consider expanded joint military exercises to deter the nuclear threat from North Korea at a time when there’s little hope of real diplomacy on the matter. The announcement reflects a shift in...Read More
“No matter what you may be selling, your business in China should be enormous, if the Chinese who should buy your goods would only do so.” Never did an “if only” clause carry more weight. In the 85 years since Carl Crow, a Shanghai-based American advertising executive, wrote these words in his book Four Hundred...Read More
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