Reserve Bank and Treasury had predicted unemployment rate would rise from February’s 3.7% as interest rates biteFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia’s economy shed 6,600 jobs last month as employers responded to weak demand by trimming staff numbers.The unemployment rate in March was 3.8%, the Australian Bureau of Statistics announced on Thursday, rising from February’s 3.7%.Sign up for Guardian...
Federal Reserve policymakers have been obsessed with when they may safely lower interest rates to avoid a recession without impeding the path to 2% inflation.
At its April 30 meeting, the Board of the Central Bank of Armenia decided to reduce the Refinancing Rate by 0.25 percentage points, setting it at 8.25%. The Lombard Repo Facility Rate was set at 9.75%. The Deposit Facility Rate was set at 6.75%.
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
So far, eight states with Republican leadership were willing to stand up to Biden's weaponized agency ahead of the 2024 race.
The latest Harvard Youth Poll reveals President Joe Biden has lost significant ground with voters under thirty compared to four years ago, with a 20-point decline among young men. While young Americans give Biden low marks on foreign policy and economic issues including inflation, housing, and the job market, immigration is a leading factor in young people’s departure from Democrats.
Record heat, hurricanes, wildfires all have been making news in recent years. And while not everyone agrees events like these are the direct result of climate change, they do connect to peoples' opinions about it: a big majority of Americans feel the U.S. needs to address climate change, with those who report experiencing extreme weather more likely to say we should do so right now.Views on climate change have long been associated with partisanship, and they still are, but age is a factor, too....
The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports
Despite its perception as one of the great secular countries, India – home to the world’s largest population – is slowly being dragged closer and closer towards religious extremism, writes Shiza Ahmed Butt. Under the tutelage of the ruling Bharatiya Janata Party (BJP), India is witnessing an unprecedented rise in systemic discrimination and religious intolerance. Far fromMore
Up 6.4% in past year, 10th highest hike among metro areas in nation.
Swiggy has confidentially filed its draft IPO papers with the capital markets regulator. Details on this and more in today’s ETtech Top 5.Also in this letter:■ Lenskart’s revenue jumps in FY23■ HCLTech, Mphasis Q4 results■ Capria closes India Opportunity FundSwiggy confidentially files draft papers for $1.25 billion IPO 109628842Sriharsha Majety, MD & group CEO, SwiggyFood and grocery delivery company Swiggy has taken the confidential route to file draft papers for an initial...
Swift and Healy’s breakup weighs heavy on The Tortured Poets Department