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Explained: Second coming of India’s economic might

Sanjaya Baru’s 75 Years of Indian Economy is part of a series that looks back at the past 75 years of independent India. But Baru’s book doesn’t restrict itself to that time frame alone. He sees India’s current economic resurgence as part of a long history. The book starts with a reference to British historian […]

The owner of Tide and Dawn has a warning about the economy

Procter & Gamble (PG), the maker of Tide, Dawn, Bounty and other leading household brands, warned Friday that consumers were beginning to pull back on their spending as inflation concerns mount. P&G posted 7% sales growth during its most recent quarter ending June 30, its strongest growth in years. The company was able to push […]

3 tips to break away from your business this summer

A recent survey from The Vacationer shows that 80% of American adults plan to travel this summer. It also includes the 45% that said they would travel more than once. This means nearly 93 million Americans will travel once this summer and 115 million will travel more than once. For entrepreneurs though, breaking away from […]

Intel Winding Down Its Optane Memory Business

Back in February we speculated that Intel might drop its Optane memory business. In its latest earning release, Intel stated that “in Q2 2022, we initiated the winding down of our Intel Optane memory business.” The earnings report also noted that Intel will take a $559M “Optane memory impairment” charge this quarter. Below is an […]

Lawmakers Celebrate Congress Passing CHIPS Act

Yellen Says Economy is in a ‘New Phase’ Treasury Secretary Janet Yellen said the U.S. economy has entered a “new phase” amid concerns that we have entered a recession. During a press conference Thursday, Yellen echoed Biden’s statements that the U.S. has entered a new phase in its economic recovery focused on achieving “steady sustainable […]