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(Source-TechCrunch) A notable hire at The Boring Company has caught attention as Vignesh Swaminathan, renowned as Mr. Barricade on TikTok, joins as a senior civil engineer. With a background as an urban planner, Swaminathan previously led Crossroad Labs, a Cupertino-based civil engineering design firm. The move to The Boring Company follows Cros…

(Source-The-Economic-Times) In a surprising turn, robust economic data in the United States is challenging investors with a crucial question: Can the stock market continue its upward trajectory even if the Federal Reserve opts for fewer monetary-policy easing measures than initially anticipated? The anticipation of a Fed shift towards rate cuts …

(Source-The-Wall-Street-Journal) This week, Federal Reserve Chairman Jerome Powell spoke with Scott Pelley on 60 Minutes, addressing the U.S. economy's status following a 40-year high in inflation, which prompted the Fed to raise interest rates 11 times. Despite 11 months of decreasing inflation and near 50-year high employment, Powell announced…

Trending on TikTok: digital cameras, Jellycat plush toys, and lip oils. However, the latest craze isn't about buying these items but rather abstaining from such purchases. Welcome to the era of "loud budgeting," a stark contrast to the previous trend of quiet luxury, where individuals aimed to emulate an old-money aesthetic. The concept isn't entir…

For nearly two years, economists and observers anticipated a shift in the labor market dynamics, only to be surprised by the January jobs report, which defied expectations on multiple fronts. The robust report revealed the addition of 353,000 jobs in the first month of the year, surpassing the expected 187,000. Revisions to previous months' job num…

(Source-The-New-York-Times) The strength of the US economy challenges bond traders' expectations of multiple rate cuts from the Federal Reserve this year. January's unexpected surge in hiring has eased pressure on the central bank to implement immediate monetary policy easing, allowing time to assess inflation's trajectory. Fed Chair Jerome Powe…

In recent TikTok trends, a new viral phenomenon known as "loud budgeting" has emerged, offering a stark contrast to the concept of "quiet luxury." The essence of loud budgeting lies in transparently and explicitly communicating one's financial boundaries and priorities. TikToker Lukas Battle, credited with coining the term, emphasizes the humor beh…

The Red Sea crisis, primarily caused by Houthi attacks, is undeniably causing a significant rerouting of containerized goods around the Cape of Good Hope. However, the severity of its impact on global supply chains, consumers, and economies is a subject of contentious debate. At one end of the spectrum, there exists a prevailing concern that the…

In the initial stages of testing, Novo Nordisk's innovative oral, long-acting GLP-1 and amylin weight loss drug has demonstrated safety and efficacy in a phase 1 trial, prompting plans for an expanded development strategy, according to Martin Holst Lange, Executive Vice President and Head of Development. During an earnings call for the fourth quart…

(Source-bloomberg) In its latest move, the Federal Reserve opted to maintain interest rates, marking the fourth consecutive meeting without any changes. The benchmark lending rate, at its highest in 23 years, remains unchanged, as the financial world anticipates potential rate cuts later in the year. Since March 2022, the central bank has imp…