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2 mins read

On 8th year of its operations, Jio achieves 8% of world's mobile data traffic

Today, Jio accounts for 8 per cent of the world's total mobile data traffic, making it the largest …

ANI   


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3 mins read

Bihar government disburses Rs 2,900 crore to 74,540 beneficiaries for promoting MSMEs: Official

To promote innovation ecosystem and unlock the enormous entrepreneurial potential of the state, the…

PTI   


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Nvidia just recorded the biggest single-day wipeout by a US company

Nvidia stock fell 9.5%, shedding $278.9 billion in valuation. The loss is tied to concerns that inc…

Shubhangi Goel   


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Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says

Consumers between the ages of 24 and 38 hold the largest discretionary spending power in the US, Me…

Filip De Mott   


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1 min read

Why higher demand for sausage might be the latest sign the US economy is slowing

A food manufacturer in Texas said its seen rising demand for sausage, a sign the economy is slowing…

Kelly Cloonan   


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4 mins read

Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.

Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire e…

Jennifer Sor   


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1 min read

Amazon just gave a bleak sign about the economy

Amazon CEO Andy Jassy says shoppers are pulling back on pricey purchases, and trading down to lower…

Geoff Weiss   


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2 mins read

An AI-powered robot is helping install Amazon's largest solar farm

AES Corporation's robot can lift solar panels and precisely place them into long rows.

Catherine Boudreau   


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6 mins read

Our bend-don't-break economy is reaching its limit

After a year of resiliency in the face of high interest rates, the cracks are showing in the US eco…

Dan DeFrancesco   


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6 mins read

Our bend-don't-break economy is reaching its limit

After a year of resiliency in the face of high interest rates, the cracks are showing in the US eco…

Dan DeFrancesco   


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3 mins read

China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP

China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…

PTI   


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1 min read

North Korea's economy is booming thanks to its arms trade with Russia

North Korea's GDP grew 3.1% in real terms, snapping a three-year slump, the Bank of Korea reported.

Filip De Mott   


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More pain for China as home sales crash for one of its largest developers and tech earnings growth falls to lowest since 2022

A leading Chinese developer saw a 57% annual drop in contracted sales last month, Bloomberg reporte…

Filip De Mott   


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Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy

Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…

Kelly Cloonan   


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4 mins read

Global investors eyeing India, don't miss this 'golden chance': PM to India Inc.

Prime Minister Narendra Modi on Tuesday said India is firmly on the path to becoming the world's th…

PTI   


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4 mins read

How the economy will change under Trump vs Biden

Voters have consistently told pollsters that economy is the most important issue in the election.

Brent D. Griffiths   


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2 mins read

Fund allocations to key sectors and schemes hiked in budget

The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…

ANI   


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India is most favoured nation for investment, with growth safety and stable currency, says Piyush Goyal

Invoking the Indian business community to invest in India, Union Minister for Commerce and Industry…

ANI   


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3 mins read

India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan

According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifyi…

ANI   


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China slashes interest rates in a surprise move to boost its slumping economy

China cut several short- and long-term interest rates on Monday as its economy grapples with slower…

Kelly Cloonan