India’s tech sector has been defined by its programming services and customer service call centers, but that has overshadowed the breadth and depth of the country’s overall tech industry, the Financial Times reported.
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JAPAN TEES UP A $135-BILLION STIMULUS PROGRAM
The cabinet of new Japanese prime minister Sanae Takaichi endorsed her plan for a $135.4-billion economic stimulus package on Friday. The plan includes about $460 million in tax cuts, with the rest of the cash influx to be spread widely through the economy.
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TRUMP’S TARIFFS HOBBLE GLOBAL GROWTH
The impact of Donald Trump’s tariff war on the world’s economy has been less than feared but still has taken a toll, according to figures released by several national governments.
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TOP TREND 2023: OFFICE BUILDING BUST
A few iconic business districts such as Manhattan’s Park Avenue and the South of Market district in San Francisco are leading the recovery in office real estate, with rents and new leases on the rise.
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OCTOBER HOME SALES ARE MOST SINCE FEBRUARY
In October, sales of U.S. homes increased 1.2 percent from September, “signaling how even a small decline in mortgage [interest] rates will attract some buyers back to the market,” The Wall Street Journal noted. Sales were up 1.7 percent year on year.
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SEPTEMBER’S JOBS REPORT IS A PLEASANT SURPRISE
The U.S. economy created 119,000 nonfarm jobs in September, according to the Bureau of Labor Statistics’ September jobs report, delayed seven weeks by the government shutdown.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
U.S. firms shed more than 11,000 jobs a week through late October, according to a report by payroll processor ADP.
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ULTRA-PROCESSED FOODS HARM EVERY MAJOR ORGAN SYSTEM, NEW REPORT SAYS
Ultra-processed foods have a negative impact on every organ system in the human body and are quickly replacing fresh food in diets around the world—raising a significant risk to global health as a whole, according to a newly released report.
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FASCISM: TRUMP FAMILY ANNOUNCES NEW PROJECT WITH MAJOR SAUDI DEVELOPMENT COMPANY JUST BEFORE PRINCE’S VISIT TO THE WHITE HOUSE
Just days before the high-profile visit of Saudi Prince Mohammed bin Salman Al Saud to the White House, the Trump Organization and Dar Global announced an 80-villa development in the Maldives that will incorporate cryptocurrencies to “tokenize” the project—raising new concerns about the overlap with President Donald Trump’s political and business ventures.