Meet Victoria Starmer: The quiet force behind Keir Starmer's rise to UK premiership
==========
Victoria Starmer, wife of Keir Starmer, has largely kept a low profile despite her husband's political career. Both trained as lawyers, they married in 2007, shortly before Keir became Director of Public Prosecutions. Victoria, described by Keir as grounded, sassy, and funny, works in occupational health in the NHS. They prioritize their children's privacy, shielding them from public attention. Their family, including their Jewish heritage and ties to Israel, remains central amid the challenges and scrutiny of Keir's impending role as the UK's Prime Minister.
#KeirStarmer #VictoriaStarmer #UkPremiership #LabourParty #Nhs #JewishHeritage #Israel
https://m.economictimes.com/news/international/world-news/meet-victoria-starmer-the-quiet-force-behind-keir-starmers-rise-to-uk-premiership/articleshow/111533356.cms
5 investing lessons from India’s T20 World Cup triumph
==========
India's victory in the T20 World Cup serves as a lesson in trusting the process even when faced with adversity. The team's belief in their strategies proved decisive, highlighting the importance of sticking to long-term investment strategies. Diversifying investments across different sectors helps manage risks. Emotions often deviate investors from reliable strategies, so maintaining discipline amidst market fluctuations is crucial. Strategic allocation of largecap stocks helps weather market downturns. Dedication, consistency, and humility are key to achieving success in both cricket and investing.
#Investing #T20WorldCup #Resilience #Diversification #EmotionalControl #LongtermVision #LargecapStocks #Dedication #Consistency #Humility
https://m.economictimes.com/markets/stocks/news/5-investing-lessons-from-indias-t20-world-cup-triumph/articleshow/111531132.cms
Amazon and other US companies in crosshairs on warehouse safety
==========
The warehouse sector has tripled in employment but doubled injury rates due to productivity targets, injuring workers like Keith Williams. The Warehouse Worker Protection Act seeks regulation. California fined Amazon $6 million for non-disclosure. The U.S. Chamber of Commerce opposes it. Emma Greenman supports state laws. Technology compounds workload while Amazon disputes having quotas and claims equitable management.
#Amazon #UsCompanies #WarehouseSafety #WarehouseWorkerProtectionAct #California #UsChamberOfCommerce #EmmaGreenman #Technology
https://m.economictimes.com/tech/technology/amazon-and-other-us-companies-in-crosshairs-on-warehouse-safety/articleshow/111529471.cms
Asian markets down as traders await US jobs report
==========
Asian markets were largely down on Friday as traders awaited the US jobs report. Japan's Nikkei 225 and the broader Topix index both shed some gains. The yen continued to strengthen against the dollar. Samsung Electronics forecasted that second-quarter profits would beat expectations by more than 25 percent. Shares in Hong Kong ended a four-day winning streak, while stocks in mainland China were trading lower after the European Union imposed extra duties on Chinese electric car imports. European exchanges edged up on calming electoral news from the United Kingdom and France. The return of the Labour Party to power in Britain strengthened the pound. The withdrawal of centrist and left-wing candidates in France boosted the euro and European markets. Investor sentiment was also lifted by softer US labor market data, giving the Federal Reserve room to cut interest rates.
#AsianMarkets #UsJobsReport #StockMarkets
https://m.economictimes.com/markets/stocks/news/asian-markets-down-as-traders-await-us-jobs-report/articleshow/111528866.cms
US stock indexes end up; Nasdaq, S&P 500 hit record highs on payrolls data
==========
The S&P 500 gained 29.67 points, or 0.54%, to end at 5,566.69 points, while the Nasdaq Composite gained 163.04 points, or 0.90%, to 18,351.34. The Dow Jones Industrial Average rose 64.78 points, or 0.16%, to 39,372.78. Megacap stocks rallied on data signaling U.S. labor market weakness and pulled Treasury yields lower. The S&P 500 communication services sector reached its highest level since 2000. Labor Department data showed U.S. job growth slowed marginally in June, and the unemployment rate rose to an over 2-1/2-year high, while wage gains slowed. The Federal Reserve is expected to consider interest rate cuts. Major banks fell ahead of second-quarter corporate earnings reports starting next Friday. Macy's surged after a report said Arkhouse Management and Brigade Capital raised their bid to buy the department store chain for about $6.9 billion.
#UsStockMarket #Nasdaq #S&p500 #PayrollsData #LaborMarket #InterestRateCuts #Banks #Macy's
https://m.economictimes.com/markets/stocks/news/us-stock-indexes-end-up-nasdaq-sp-500-hit-record-highs-on-payrolls-data/articleshow/111528799.cms
Can Boeing's Starliner capsule with astronauts Sunita Williams and Butch Wilmore onboard explode? Why has NASA praised it?
==========
Boeing's Starliner capsule faced issues before liftoff, including a helium leak. It developed more leaks on its journey to the ISS and faced trouble in docking. Despite these issues, NASA praised Boeing for getting the astronauts to the ISS safely. In 2019, Starliner failed to reach its expected orbit due to an onboard clock error. NASA has stated that the batteries on the capsule are being charged and the risk remains the same for the next 45 days. Experts have described the situation as a disaster but are relieved that the capsule did not explode.
#Boeing #Starliner #Nasa #SunitaWilliams #ButchWilmore
https://m.economictimes.com/news/international/us/can-boeings-starliner-capsule-with-astronauts-sunita-williams-and-butch-wilmore-onboard-explode-why-has-nasa-praised-it/articleshow/111496221.cms
Reasonable Doubt Season 2: Check out cast, plot and production team
==========
Essence Atkins, Melissa Ponzio, and Vaughn W. Hebron join 'Reasonable Doubt' Season 2 cast. The series follows high-powered defense attorney Jax Stewart, navigating past traumas, a failing marriage, motherhood, and a murder case. New episodes stream Thursdays on Hulu. The new cast members include Essence Atkins as Dr. Brandy Michaels, a domestic violence expert; Melissa Ponzio as Lucy Wargo, a new District Attorney; and Vaughn W. Hebron as Adrian Hunter, an NFL player and mentee of the late JT. Returning and guest stars include Kandi Burruss, Morris Chestnut, McKinley Freeman, Tim Jo, Angela Grovey, Thaddeus J. Mixson, and Aderinsola Olabode. Season 2 of 'Reasonable Doubt' premieres on Thursday, August 22. The series is created, written, and executive produced by Raamla Mohamed, with executive producers including Kerry Washington, Pilar Savone, Larry Wilmore, and Anton Cropper. The show is produced by Onyx Collective and ABC Signature.
#ReasonableDoubt #TvSeries #Cast #Plot #ProductionTeam
https://m.economictimes.com/news/international/us/reasonable-doubt-season-2-check-out-cast-plot-and-production-team/articleshow/111495730.cms
Meet Ion Tiriac, the Billionaire Business Tycoon Worth Four Times More Than Cristiano Ronaldo
==========
Ion Tiriac, a little-known Romanian tennis player and former ice hockey player, is worth four times more than Cristiano Ronaldo. Tiriac, who retired decades ago, had a net worth almost four times more than Ronaldo. He had a successful business career as the founder of the Tiriac Group, which has numerous assets in various industries worldwide. Tiriac's best performance in tennis was reaching the quarterfinals of the French Open in 1968. He also represented Romania in the 1964 Winter Olympics in ice hockey. Ronaldo, on the other hand, is a wealthy football player with millions in assets and properties from his sporting career and endorsements.
#IonTiriac #CristianoRonaldo #Tennis #Business #NetWorth
https://m.economictimes.com/news/international/us/meet-ion-tiriac-the-billionaire-business-tycoon-worth-four-times-more-than-cristiano-ronaldo/articleshow/111492920.cms
Do you know how much luxury bags of Dior and Armani cost? Startling revelations made after Italian police raid Milan units
==========
Dior and Armani's units have been placed under judicial administration for one year after they were accused of exploiting the workers and not abiding by the labor laws. Dior paid $57 to produce bags that are sold for $2,780 in retail. Armani pays contractors $99 per bag for products that are sold for more than $1,900 in stores. The workers were sleeping in the facility so bags could be produced around the clock. The subcontractors were Chinese-owned firms and most of the workers were from China. Seven workers did not have required documentation and two were living in the country illegally. LVMH CEO Bernard Arnault is the world's third richest person and his daughter, Delphine Arnault, is the CEO of Dior.
#Dior #Armani #LuxuryBags #ItalianPoliceRaid #JudicialAdministration #ExploitationOfWorkers #LaborLaws #ChineseownedFirms #BernardArnault #DelphineArnault
https://m.economictimes.com/news/international/us/do-you-know-how-much-luxury-bags-of-dior-and-armani-cost-startling-revelations-made-after-italian-police-raid-milan-units/articleshow/111492605.cms
15 places to buy Amazon liquidation pallets in the USA
==========
Discover reputable companies offering Amazon liquidation pallets with a wide range of products at competitive rates. From electronics to household essentials, these top 15 companies provide quality goods for wholesalers, retailers, and bargain hunters. The list includes UpLiquidation, B-Stock, BULQ, Liquidation.com, American Liquidation Deals, Select Liquidation, Direct Liquidation, BlueLots Liquidation, Quicklotz, Via Trading, Pallets Liquidation Store, American Pallet Liquidators, Liquidation Land, American Merchandise Liquidators, and Inmar Intelligence Liquidation. These companies offer a variety of products, including electronics, toys, kitchen appliances, clothing, furniture, and more. Amazon liquidation pallets are a cost-effective way for businesses to acquire inventory and make profits.
#Amazon #Liquidation #Pallets #Wholesalers #Retailers #BargainHunters
https://m.economictimes.com/industry/services/retail/15-places-to-buy-amazon-liquidation-pallets-in-the-usa/articleshow/111490351.cms
Commodity Talk: Gold's 13% H1CY2024 returns robust, but positives priced-in now, says Anuj Gupta
==========
Gold has delivered robust returns of 13% in H1CY2024, with the best performance in 2020 at nearly 25%. However, the positives are now priced-in, according to Anuj Gupta, Head Commodity & Currency at HDFC Securities. Short-term traders should adopt a sell-on-rally strategy, while in the long term, gold is expected to test Rs 78,000-Rs 80,000 levels by the end of the year. The average returns by gold over the past five years are at 8.43%. Gold's biggest challenge now is the US economy, which may impact the dollar index and subsequently gold prices. Gupta expects a correction in bullion prices in the short term.
#Gold #Commodity #Returns #H1cy2024 #AnujGupta
https://m.economictimes.com/markets/commodities/views/commodity-talk-golds-h1cy2024-returns-of-13-robust-but-positives-priced-in-now-says-anuj-gupta/articleshow/111474423.cms
Afraid: Everything we know about release date, trailer, plot, cast and production
==========
"Afraid" is a film starring John Cho and Katherine Waterston about a family testing an AI assistant that turns deadly. The film is produced by Blumhouse and is set to release on August 30. The AI assistant, called AIA, starts as a helpful device but becomes a threat to the family's safety. The film features a cast including Havana Rose Liu, Lukita Maxwell, David Dastmalchian, and Keith Carradine. It is directed by Chris Weitz and distributed by Columbia Pictures. The trailer for the film is available. The film is set to hit theaters on August 30.
#Film #Afraid #ReleaseDate #Trailer #Plot #Cast #Production
https://m.economictimes.com/news/international/us/afraid-everything-we-know-about-release-date-trailer-plot-cast-and-production/articleshow/111468350.cms
Longlegs: See trailer and release date of Nicolas Cage starrer horror thriller
==========
"Longlegs" is a horror thriller starring Maika Monroe and Nicolas Cage. The final trailer has been released, providing further context to Cage's character, known as "The Man Downstairs." The film follows FBI agent Lee Harker, played by Monroe, as she hunts a serial killer who has been active for 30 years. The film releases on July 12, 2024.
#Longlegs #NicolasCage #HorrorThriller #Trailer #ReleaseDate #MaikaMonroe #FbiAgent #SerialKiller
https://m.economictimes.com/news/international/us/longlegs-see-trailer-and-release-date-of-nicolas-cage-starrer-horror-thriller/articleshow/111468317.cms
Yen slides to fresh lows as Japan authorities stick to sidelines
==========
The yen weakened to a fresh 38-year trough against the dollar and a record low against the euro on Wednesday. Japanese authorities have been largely quiet on the yen this week, with Finance Minister Shunichi Suzuki only commenting on Tuesday that moves were being watched vigilantly. Atsushi Mimura took over as the ministry of finance's currency czar on Monday, replacing Masato Kanda. Analysts have also pointed to the increased possibility of a second Donald Trump presidency as having an impact on the yen. The dollar index strengthened 0.1% to 105.78. Euro zone inflation eased last month, but a crucial services component remained stubbornly high. The euro edged 0.07% lower to $1.0739. Sterling held its ground at $1.2680. The Australian dollar rose 0.11% to $0.6675. China's yuan slipped to an eight-month trough in offshore trading. The yuan fell as low as 7.3114 per dollar for the first time since Nov. 3, 2023.
#Yen #Japan #Currency #ExchangeRate
https://m.economictimes.com/markets/forex/forex-news/yen-slides-to-fresh-lows-as-japan-authorities-stick-to-sidelines/articleshow/111451886.cms
Applying for a US student visa? American Embassy has a warning for you
==========
Indian students continue to favor the United States as their top destination for overseas education, with expectations of increased student visa applications in 2024. In 2023, India issued 140,000 student visas, and the number of Indian students in the US surged by 35 percent to reach a record 268,923, constituting over 25 percent of the international student population in the country. The US embassy has warned students against bringing any fake documents to the interview. The embassy encourages students to use EducationUSA's free advising services to find the best school and obtain accurate information on admissions and visa processes. Most Indian students attended universities in Texas, New York, California, Massachusetts, and Illinois. The fields of study popular among Indian students include mathematics, computer science, business administration, and management.
#UsStudentVisa #IndianStudents #Educationusa #Interview #FakeDocuments #Universities #FieldsOfStudy
https://m.economictimes.com/nri/study/applying-for-a-us-student-visa-american-embassy-has-a-warning-for-you/articleshow/111420878.cms
US deepening its relationship with India in several areas, says official
==========
The United States is deepening its relationship with India in several key areas, according to a senior administration official. The official, State Department Deputy Spokesperson Vedant Patel, mentioned deepening relations in key spaces such as trade, security cooperation, and national security. He also noted that National Security Adviser Sullivan recently visited Delhi. When asked about the India-Pakistan relationship, Patel stated that it is ultimately between the two countries. The official expressed openness to positive relations between countries but did not offer any specific comments on the matter.
#UsindiaRelations #Trade #SecurityCooperation #NationalSecurity
https://m.economictimes.com/news/international/world-news/us-deepening-its-relationship-with-india-in-several-areas-says-official/articleshow/111418664.cms
'Extremely dangerous' Hurricane Beryl intensifies in Caribbean, eyeing Jamaica
==========
Hurricane Beryl has intensified to a Category 4 storm with winds up to 155 mph, moving across the southeastern Caribbean. Jamaica is near its path, prompting a hurricane warning. The storm has caused power outages and flooding in several Caribbean islands. Beryl is expected to bring heavy rain to Barbados and the Windward Islands. Climate change is believed to be intensifying such storms, contributing to an unusually active hurricane season. Jamaica and Mexico are preparing for Beryl's impact, with warnings of potential flash flooding and infrastructure damage.
#HurricaneBeryl #Caribbean #Jamaica #ClimateChange #FlashFlooding
https://m.economictimes.com/news/international/world-news/extremely-dangerous-hurricane-beryl-intensifies-in-caribbean-eyeing-jamaica/articleshow/111418238.cms
How one of the world's strongest car unions is dealing with EV job losses
==========
Toyota in Japan and Hyundai or Kia in South Korea are facing challenges from technological transformation and electrification. The Korean Metal Workers’ Union, representing roughly 180,000 auto workers, is negotiating a new annual contract for Hyundai’s vehicle assembly workers and has threatened to strike over disagreements on future hiring plans and sharing profits. The union is also focused on safety risks as the industry expands. They are working on overhauling safety management systems and advocating for the creation of new jobs related to green industries. The union communicates with the new generation of workers through newsletters in various languages and aims to remove discrimination against migrant workers. While younger generations have a weaker willingness to fight against management, there are newly created unions by younger workers who are taking action. The union is also working on supply chain strategies and consultations to ensure sustainable employment.
#CarUnions #EvJobLosses #Toyota #Hyundai #Kia #KoreanMetalWorkers’Union #Strikes #SafetyRisks #GreenIndustries #MigrantWorkers
https://m.economictimes.com/small-biz/trade/exports/insights/how-one-of-the-worlds-strongest-car-unions-is-dealing-with-ev-job-losses/articleshow/111393154.cms
My Life With The Walter Boys Season 2: Will the upcoming novel impact the sequel on Netflix
==========
Ali Novak, author of "My Life With the Walter Boys," is writing a sequel to the novel. The new book will explore the lives of Jackie and Cole. The second season of the Netflix series will not align with the content of the upcoming novel. Novak mentioned that the first part of the book was a love triangle, and the second part will focus on the 'will they-won't they' dynamic between Jackie and Cole. The Netflix series, based on the novel, was renewed for a second season in December 2023.
#MyLifeWithTheWalterBoysSeason2 #Novel #Sequel #Netflix
https://m.economictimes.com/news/international/us/my-life-with-the-walter-boys-season-2-will-the-upcoming-novel-impact-the-sequel-on-netflix/articleshow/111386984.cms
Wednesday Season 2: Emma Meyers reveals what fans can expect from the upcoming season
==========
The second season of Netflix's popular series "Wednesday" has begun filming in Ireland. Emma Myers, who portrays Wednesday's werewolf roommate, shared her excitement and insights about the upcoming season in an exclusive interview. Myers expressed confidence that Season 2 will exceed expectations and praised the quality of the scripts. Netflix recently announced that fans will have to wait until 2025 to see Jenna Ortega reprise her role as Wednesday Addams. New cast additions include Billie Piper, Joanna Lumley, and Christopher Lloyd. Myers will also appear in the new BBC drama "A Good Girl's Guide to Murder." Percy Hynes White, who portrayed Wednesday's love interest Xavier Thorpe in season 1, will not be returning to reprise his role due to allegations against him.
#WednesdaySeason2 #Netflix #EmmaMyers #JennaOrtega #BilliePiper #JoannaLumley #ChristopherLloyd #AGoodGirl'sGuideToMurder #PercyHynesWhite
https://m.economictimes.com/news/international/us/wednesday-season-2-emma-meyers-reveals-what-fans-can-expect-from-the-upcoming-season/articleshow/111386024.cms
Increase in exports, improvement in CAD, mnfg to help boost Indian economy: Goyal
==========
India's Commerce and Industry Minister, Piyush Goyal, has stated that an increase in exports, improvement in the current account deficit (CAD), and focus on expanding manufacturing will help boost the Indian economy. Goyal expressed confidence that India's exports would cross USD 800 billion this fiscal year, up from USD 778 billion in 2023-24. He also mentioned that the mood amongst industry and exporters is positive, with a sense of confidence in the India growth story. S&P Global Ratings has retained India's growth forecast for the current financial year at 6.8%, while Fitch estimates growth at 7.2% and the Asian Development Bank (ADB) estimates GDP growth at 7%. Goyal also mentioned that the CAD is showing healthy improvement in the last few months. India recorded a current account surplus of USD 5.7 billion or 0.6% of GDP in the March quarter, the first time in ten quarters that the metric has turned into surplus mode. The minister also stated that several suggestions regarding special economic zones (SEZs) are under consideration. The article was published by The Economic Times.
#Exports #Cad #Manufacturing #IndianEconomy #PiyushGoyal
https://m.economictimes.com/news/economy/foreign-trade/increase-in-exports-improvement-in-cad-mnfg-to-help-boost-indian-economy-goyal/articleshow/111384389.cms
Satya Nadella, Sundar Pichai hail India's historic T20 World Cup victory
==========
Tech honchos Satya Nadella and Sundar Pichai, along with others, praised India's historic win over South Africa in the ICC T20 World Cup final. Nadella congratulated India and South Africa on a great final and expressed his desire for more T20 World Cups in the West Indies and USA. Pichai described the game as incredible and congratulated India on a well-deserved victory. Former PepsiCo CEO Indra Nooyi praised the Indian cricket team for their impressive performance, and Anand Mahindra asked for a graphic image of the Indian cricket team as superheroes. India won the final by seven runs, with Virat Kohli scoring 76 runs and Hardik Pandya taking 3-20.
#SatyaNadella #SundarPichai #India #T20WorldCup #Cricket
https://m.economictimes.com/tech/technology/satya-nadella-sundar-pichai-hail-indias-historic-t20-world-cup-victory/articleshow/111381209.cms
Friends, foes and firework
==========
India’s Digital Competition Bill has turned previous foes in the tech industry into unlikely allies and sparked a polarising debate on market practices. The Committee on Digital Competition Law (CDCL) submitted its report to the ministry of corporate affairs (MCA) on February 27, after working on it for more than a year. The draft of the Digital Competition Bill, 2024, has turned the unlikeliest of foes into close friends and the thickest friends into perhaps industry colleagues who no longer see eye-to-eye.
#DigitalCompetitionBill #TechIndustry #MarketPractices
https://m.economictimes.com/tech/technology/friends-foes-and-firework/articleshow/111368907.cms
US Olympic track and field trials 2024 weekend schedule: Noah Lyles, Sha'Carri Richardson to be seen in action, how to watch live
==========
The final weekend of the US Olympic track and field trials is set to take place at the Haywire Field in Eugene, Oregon. Noah Lyles and Sha'Carri Richardson, two prominent sprinters, will be competing for Olympic berths. Other notable participants include Sydney McLaughlin-Levrone, Dalilah Muhammad, and Shamier Little. The trials will be live-streamed on Peacock, the NBC Sports App, and the website. The top medal contenders for Team USA in track and field at the upcoming Paris Olympics 2024 are Noah Lyles, Sha'Carri Richardson, and Sydney McLaughlin-Levrone. The trials mark the final two days of the selection process.
#UsOlympicTrackAndFieldTrials #NoahLyles #Sha'carriRichardson #ParisOlympics2024 #SydneyMclaughlinlevrone
https://m.economictimes.com/news/international/us/us-olympic-track-and-field-trials-2024-weekend-schedule-noah-lyles-shacarri-richardson-to-be-seen-in-action-how-to-watch-live/articleshow/111369938.cms
Will it take months for Sunita Williams and Butch Wilmore to return from ISS? Know what NASA and Boeing have planned
==========
NASA and Boeing planned to complete the mission in a few days, but the Boeing Starliner capsule faced glitches and the astronauts, Sunita Williams and Butch Wilmore, are still stuck on the International Space Station (ISS). The Starliner capsule leaked helium gas and its thrusters malfunctioned. The astronauts have already spent more than three weeks on the ISS, and there is uncertainty about when they will return. NASA is considering extending the mission from 45 days to 90 days. Boeing and NASA plan to experiment in New Mexico to understand why the thrusters failed. Four of the five failed thrusters have been restored, but the cause of the failure is still unknown.
#Nasa #Boeing #SunitaWilliams #ButchWilmore #Iss #Starliner
https://m.economictimes.com/news/international/us/will-it-take-months-for-sunita-williams-and-butch-wilmore-to-return-from-iss-know-what-nasa-and-boeing-have-planned/articleshow/111368612.cms
Nagaland CM Neiphiu Rio inaugurates Shoppers Stop store in Dimapur
==========
Nagaland Chief Minister Neiphiu Rio has inaugurated a new Shoppers Stop store in Dimapur. The store showcases a wide range of global and Indian brands, offering premium fashion, beauty, and gifting options. The opening of the store is part of the expansion strategy of Shoppers Stop and aims to provide direct and indirect employment opportunities to residents of Dimapur. The store features 500+ brands, the latest fashion trends, enhanced beauty experiences, and a diverse range of watches, bags, and gifting options. The store is the first of its kind in Dimapur and marks an important milestone in Shoppers Stop's expansion strategy. The company aims to provide exceptional shopping experiences and support the local economy by hiring local staff. The store is expected to contribute to the economic growth of the region.
#Nagaland #NeiphiuRio #ShoppersStop #Dimapur #Fashion #Beauty #Gifting #Employment #Expansion
https://m.economictimes.com/news/india/nagaland-cm-neiphiu-rio-inaugurates-shoppers-stop-store-in-dimapur/articleshow/111366814.cms
US chip dreams will fade without more immigrants
==========
The Chips and Science Act was passed by Democrats and Republicans to revitalize US semiconductor manufacturing, but the shortage of skilled workers threatens the industry's growth. Proposed solutions include a specialized visa program and increased support for STEM education. The law was passed in 2022 and has already awarded nearly $30 billion in subsidies and $25 billion in loans. However, companies are facing shortages of skilled workers, particularly in the installation of chipmaking equipment. The number of Americans studying in relevant graduate programs has been flat for 30 years, and the Semiconductor Industry Association predicts a shortfall of 67,000 skilled workers by 2030. Without more skilled workers, companies may demand additional subsidies or shift production to Taiwan and Japan, leading to a loss of US technological leadership and national security benefits. Proposed solutions include the creation of a "chipmaker's visa" that would auction a certain number of visas for high-skilled workers, and increasing the overall number of visas for high-skilled immigrants with in-demand STEM skills. Comprehensive immigration reform is also suggested.
#UsChipIndustry #Immigration #SkilledWorkers #ChipsAndScienceAct #StemEducation
https://m.economictimes.com/nri/work/us-chip-dreams-will-fade-without-more-immigrants/articleshow/111356734.cms
US inflation cools in May, boosting hopes of Fed rate cut
==========
US inflation remained stable in May, with a modest increase in service costs offset by the largest drop in goods prices in six months. The report from the Commerce Department also showed consumer spending growth and hints at the Federal Reserve's aim for a controlled economic slowdown through core inflation moderation. The flat reading in the personal consumption expenditures (PCE) price index last month followed an unrevised 0.3% gain in April. Goods prices fell 0.4%, the biggest drop since November. The cost of services increased 0.2%, lifted by higher prices for housing and utilities as well as healthcare. In the 12 months through May, the PCE price index increased 2.6% after advancing 2.7% in April. Financial markets saw a roughly 68% chance that the Fed's policy easing would start in September compared to about 64% before the data.
#UsInflation #FederalReserve #InterestRates
https://m.economictimes.com/markets/stocks/news/us-inflation-cools-in-may-boosting-hopes-of-fed-rate-cut/articleshow/111355533.cms
Buy on dips as Nifty & Bank Nifty look bullish; 3 stocks to bet on: Rajesh Palviya
==========
Rajesh Palviya advises a buy-on-dip strategy as Nifty & Bank Nifty look bullish. The July series has a Nifty target of 24,400 and Bank Nifty is supported at 52,000. Nifty Realty is in consolidation mode with a potential downside. Godrej Realty is showing strength. Put writers are aggressive at 24,000 strike and 23,800 strike, which are important levels on the downside. If the market holds the 24,000 level, the rally can extend higher with a possible target of 24,400. For Bank Nifty, 52,000 is the immediate support area. If Bank Nifty crosses the 52,600 mark, the rally can extend further towards 53,400 to 53,600. July is expected to have a range of 23,500 to 25,000 for Nifty and Bank Nifty. Auto stocks are still looking attractive, especially in the auto ancillary space. Nifty Realty is in consolidation mode, but the overall structure is bullish. JK Tyre, Petronet, and Grasim are recommended stocks to bet on.
#StockMarket #Nifty #BankNifty #Buyondip #Bullish #NiftyRealty #GodrejRealty #PutWriters #SupportArea #Target #Range #AutoStocks #AutoAncillary #JkTyre #Petronet #Grasim
https://m.economictimes.com/markets/expert-view/buy-on-dips-as-nifty-bank-nifty-look-bullish-3-stocks-to-bet-on-rajesh-palviya/articleshow/111354970.cms
Are banks open or closed this Saturday, June 29, 2024? - The Economic Times
==========
As per the regulations, all banks will be closed on Sundays, second and fourth Saturdays, and national and regional holidays. ATMs will be available throughout these holidays, and internet banking services will remain operational. On June 29, most places do not observe a bank holiday because it falls on the third Saturday of the month. However, an exception to this is the city of Kohima in Nagaland, where banks will be closed due to poll day for Municipal & Town Council Elections. The central bank designates certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks' Closing of Accounts. ATMs will be available throughout these holidays, and internet banking services will remain operational.
#BankHolidays #BankingServices #Atms #InternetBanking #NegotiableInstrumentsAct #RealtimeGrossSettlement #PollDay #Municipal&TownCouncilElections
https://m.economictimes.com/wealth/save/are-banks-open-or-closed-this-saturday-june-29-2024/articleshow/111332377.cms
The first Joe-Don presidential debate tells us more about the state of the US than the next POTUS
==========
The first Joe-Don presidential debate between Joe Biden and Donald Trump took place, providing insights into the state of the US. The debate was a representative trailer of the moving picture already playing in theatres not near China, Russia, or West Asia. The debate was a relatively sedated affair with no live audience and muted microphones. Biden and Trump traded shots, with Biden challenging Trump to carry his own golf bag. The debate highlighted America's choice between two has-beens running on spare fossil fuel. Biden appeared disoriented and Trump was all over the place, but it was Biden who seemed out of place. The debate did not determine capability or electoral popularity, but it revealed the fractured state of the US. The outcome of the debate is unlikely to determine the future of the US, as its geopolitical and economic dominance will depend on factors beyond the next occupant of the Oval Office.
#UsPresidentialDebate #JoeBiden #DonaldTrump
https://m.economictimes.com/opinion/et-commentary/the-first-joe-don-presidential-debate-tells-us-more-about-the-state-of-the-us-than-the-next-potus/articleshow/111346424.cms
US targets petrol tankers over Iran nuclear 'escalation'
==========
The United States announced sanctions on shipping companies for transporting Iranian oil in response to Iran's nuclear program actions, just before the presidential elections in Iran. Secretary of State Antony Blinken stated that Iran has announced steps to expand its nuclear program, prompting the US to impose sanctions to prevent Iran from obtaining a nuclear weapon. The sanctions target three shipping companies based in the US and block their assets in the country. The US already has a ban on other countries buying Iranian oil. The UN nuclear watchdog confirmed that Iran is expanding its nuclear capacities. Iran's government denies seeking a nuclear weapon. Elections for president in Iran are scheduled to take place after the death of conservative candidate Ebrahim Raisi.
#Us #Iran #Sanctions #NuclearProgram #ShippingCompanies #PresidentialElections
https://m.economictimes.com/news/international/world-news/us-targets-petrol-tankers-over-iran-nuclear-escalation/articleshow/111328354.cms
China denies claims by US ambassador that Beijing hinders relations
==========
China has denied accusations made by US Ambassador Nicholas Burns that Beijing is hindering ties between Chinese and American citizens. Beijing called the claims "factually inaccurate" and denied intimidating Chinese participants in embassy events and fueling anti-American sentiment online. The US and China have been at odds over various issues including trade, technology, human rights, and Russia's war in Ukraine. Relations between the two countries have somewhat stabilized after a meeting between the US and Chinese presidents in San Francisco last year, but tensions persist.
#China #Us #Ambassador #Relations #Accusations
https://m.economictimes.com/news/international/world-news/china-denies-claims-by-us-ambassador-that-beijing-hinders-relations/articleshow/111281429.cms
Outlander Season 7: When will it release and where to watch in US, UK, Australia, Canada and other countries
==========
Outlander Season 7 is split into two halves, with the first half airing in 2023 and the second half scheduled for November 2024. Season 8, the final season, is expected in 2025. The release dates on Netflix and other streamers vary by region. Some regions already have part 1 of season 7, while others must wait. In the US, Outlander is available on Starz and will be released on Netflix two years after the season finale airs. Weekly releases of season 7 are available on Netflix in select regions such as Belgium, France, Hong Kong, India, Japan, Malaysia, Poland, Singapore, and South Korea. Australia, Canada, and other countries will have to wait 11-12 months for new seasons on Netflix. The cast for season 7 part 2 includes Caitríona Balfe, Sam Heughan, Richard Rankin, Sophie Skelton, and others.
#Outlander #TvSeries #Season7 #ReleaseDate #Streaming #Us #Uk #Australia #Canada
https://m.economictimes.com/news/international/us/outlander-season-7-when-will-it-release-and-where-to-watch-in-us-uk-australia-canada-and-other-countries/articleshow/111238291.cms
Chhattisgarh Operation: Naxals escape, fake rupee notes seized
==========
Security forces recovered a huge cache of fake currency notes, along with equipment used to print them, belonging to Maoists from Chhattisgarh's Sukma district. The operation was a joint effort by the state police and CRPF, targeting Naxalites using fake currency in Bastar region markets. The machinery and equipment seized indicates that the plant was started in 2022. The recovery was made on Saturday evening on a forested hill near Korajguda village of the district when a joint team of security personnel from various forces was out on a search operation. Naxalites were allegedly using the fake currency notes in weekly markets of interior areas of Bastar region for a long time and duping innocent tribals. Naxalites were also trying to destabilise the Indian economy with this move. Security forces have stepped up action against left-wing extremists, killing 134 Maoists since the beginning of 2024.
#Chhattisgarh #Naxals #FakeCurrency #SukmaDistrict
https://m.economictimes.com/news/defence/chhattisgarh-operation-naxals-escape-fake-rupee-notes-seized/articleshow/111212331.cms
Hinduja rejigs fundraise plan for Reliance Capital deal
==========
Hinduja Group, the winning bidder for Reliance Capital, is reworking its fundraising plan to raise ₹7,500 crore from domestic and overseas private credit funds at 15%. The Reserve Bank of India seized control of Anil Ambani-owned Reliance Capital due to governance concerns. Nageswara Rao Y was appointed as the administrator.
#HindujaGroup #RelianceCapital #Fundraising #PrivateCreditFunds #ReserveBankOfIndia
https://m.economictimes.com/news/company/corporate-trends/hinduja-rejigs-fundraise-plan-for-reliance-capital-deal/articleshow/111212289.cms
The Wives: Release date, cast and what to expect from the Jennifer Lawrence movie
==========
Jennifer Lawrence will produce and star in a murder mystery movie called 'The Wives' inspired by 'The Real Housewives' franchise. The film has been acquired by Apple Original Films in partnership with A24. The release date is yet to be announced. Jennifer Lawrence is the only confirmed cast member, and details about her role are unknown. Lawrence has been a longtime fan of 'The Real Housewives' and has expressed her love for the franchise in various interviews. 'The Wives' will blend Lawrence's passion for 'The Real Housewives' with a murder mystery narrative. The film is expected to offer a unique cinematic experience that combines glamour, intrigue, and suspense.
#JenniferLawrence #TheWives #TheRealHousewives #AppleOriginalFilms #A24 #MurderMystery #ReleaseDate #Cast
https://m.economictimes.com/news/international/us/the-wives-release-date-cast-and-what-to-expect-from-the-jennifer-lawrence-movie/articleshow/111210995.cms
Facing an unprecedented slowdown, IT companies are undergoing a shift. Here’s what’s changing
==========
IT companies like TCS, HCLTech, Wipro, and Tech Mahindra are reorganizing their businesses to prepare for Gen AI. TCS merged AI and cloud operations into a unified AI.Cloud unit. Indian IT service providers have made changes to their business structures and senior leadership to navigate disruptions in the industry. The Indian software services export industry is facing an unprecedented slowdown in demand. Companies are building new capabilities with separate units focused on generative artificial intelligence (Gen AI) and evolving customer demands.
#ItCompanies #Tcs #Hcltech #Wipro #TechMahindra #BusinessReorganization #GenAi #IndianSoftwareServicesExportIndustry
https://m.economictimes.com/tech/information-tech/facing-an-unprecedented-slowdown-it-companies-are-undergoing-a-shift-heres-whats-changing/articleshow/111193983.cms
Top Donald Sutherland Movies: How to watch, streaming platforms and more
==========
Donald Sutherland, a veteran Hollywood actor, passed away on June 20 at the age of 88. He was known for his notable films like The Dirty Dozen, Don't Look Now, A Time To Kill, and more. He was the father of actor Kiefer Sutherland, known for his roles in Designated Survivor and 24. Some of Donald Sutherland's top movies include The Dirty Dozen, Kelly's Heroes, A Time To Kill, and Cold Mountain. These movies are available to watch on platforms like Amazon, Paramount+, and Amazon Prime. Kiefer Sutherland is the son of Donald Sutherland. Donald Sutherland has worked in many classic-era films including The Dirty Dozen, M*A*S*H, Kelly's Heroes, Don't Look Now, National Lampoon's Animal House, and more.
#DonaldSutherland #Movies #StreamingPlatforms #KieferSutherland
https://m.economictimes.com/news/international/us/top-donald-sutherland-movies-how-to-watch-streaming-platforms-and-more/articleshow/111196164.cms
THIS is the "ugliest dog in the world." But you will love it for its 'from illness to fame' story
==========
Wild Thang, an eight-year-old Pekingese, has won the 2024 World's Ugliest Dog contest in California. This is his fifth time competing, having previously come in second place three times. Wild Thang contracted canine distemper as a puppy, which led to lasting physical issues such as teeth that didn't grow in, causing his tongue to stick out, and a front leg that constantly paddles. Despite these challenges, he is a healthy and happy dog. Wild Thang and his owner, Ann Lewis, received a $5,000 prize. The contest aims to celebrate the individual characteristics and quirky traits of dogs and highlight their unique beauty. The event was sponsored by MUG Root Beer and offered a total prize pool of $10,000. The top three winners also have the chance to be featured on a limited edition can of the root beer.
#World'sUgliestDogCompetition #Dogs #Contest #California
https://m.economictimes.com/news/international/us/this-is-the-ugliest-dog-in-the-world-but-you-will-love-it-for-its-from-illness-to-fame-story/articleshow/111196154.cms
Notes by The Economic Times | export