Can Mattel Build an Empire on He-Man’s Shoulders?
“Masters of the Universe” will test whether Mattel can cement itself as an entertainment powerhouse with a hypermasculine character from the 1980s. Source link
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Rupee jumps 56 paise to 95.18 vs US dollar after RBI announces forex-support measures
The rupee surged 56 paise to 95.18 against the US dollar following RBI’s measures to attract foreign capital and boost forex liquidity. These policy announcements, including expanding the Fully Accessible Route and removing taxes on foreign investment in G-Secs, improved investor sentiment. Analysts expect further appreciation if oil prices remain below $100 a barrel. The…
Central Ohio Becomes Hub for Tech and Manufacturing
Tech titans and Silicon Valley transplants changed the Columbus area, but not everyone is thrilled about the rapid transformation. Source link
At 7.7%, India’s GDP growth in FY26 beats slowdown predictions; but will the momentum continue amid US-Iran war?
Today’s GDP data is being seen as a sign of India’s underlying economic strength. (AI image) India’s economy continues to defy all growth projections. But for how long? At 7.8%, India’s GDP growth for the fourth quarter of FY 2025-26 beat all estimates by a wide margin. Retaining its tag of being the fastest growing…
Elon Musk Dominates List of Highest Paid C.E.O.s
Executive compensation is accelerating while rank-and-file workers lag, widening the pay gap in corporate America. Source link
US stock markets today (June 5, 2026): S&P 500, Nasdaq fall as tech stocks slide; strong jobs data dims rate-cut hopes
US stocks ended lower on Friday, with technology shares leading the decline, as a stronger-than-expected jobs report reduced expectations of interest rate cuts by the Federal Reserve this year.The S&P 500 fell 0.7%, while the Dow Jones Industrial Average declined 81 points, or 0.2%. The tech-heavy Nasdaq Composite dropped 1.4%, weighed down by losses in…
White House rejoices over strong jobs report.
The stronger-than-expected report offers President Trump a talking point for the midterms, even as it also reduces the odds that the Federal Reserve may cut rates. Source link
Pakistan’s $35 billion trade deficit rings alarm bells as PKR faces pressure despite forex gain
Pakistan’s foreign exchange reserves are nearing the government’s $18 billion target for FY26, but a widening trade deficit, mounting external payment obligations and pressure on the rupee are raising concerns about the country’s economic stability, PTI reported.Data released by the State Bank of Pakistan (SBP) showed the country’s foreign exchange reserves increased by $43 million…
A Job Market Leaving Young Graduates Behind Could Scar Them For Years
The labor market has improved but people entering the work force are having a harder time starting careers, a dynamic that has had permanent effects in the past. Source link
India can return to 7% growth by FY28 despite near-term risks, says CEA Nageswaran
India can return to a growth trajectory of over 7% in FY28 through macroeconomic stability and supply-side measures, provided external conditions improve, Chief Economic Adviser V Anantha Nageswaran said on Friday.The comments came after the Reserve Bank of India lowered its GDP growth forecast for FY27 to 6.6% from 6.9% projected in April, citing elevated…