China Resumes Some Chip Exports, Easing Fears of a Global Crunch
A leading German automotive supplier said it was again allowed to ship semiconductors that Beijing had barred for export. Source link
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‘Some kind of idiot’: Zerodha’s Nikhil Kamath on MBA students; claims ‘colleges are dead’
NEW DELHI: Zerodha co-founder Nikhil Kamath has questioned the value of traditional higher education, especially MBA programs, saying that, “colleges are dead.”Speaking during Zerodha’s 15th anniversary discussion, co-founder Nithin Kamath said that formal education is being rapidly outpaced by open and digital learning platforms.“Colleges are dead. If you’re 25 and still going to an MBA…
A.I. Abuse Is Reinventing the Law
More lawyers are using artificial intelligence to write legal briefs. Some vigilantes are publicizing the A.I.-generated errors. Source link
US stock market today: Wall Street opens lower; major indexes headed for losing week
US stocks slipped in morning trade on Friday, with major indexes on track for their first weekly loss in four weeks as technology shares continued to weigh on sentiment.The S&P 500 dropped 0.7%, the Dow Jones Industrial Average fell 143 points (0.3%), and the Nasdaq Composite slid 1.2% as of 9:51 am ET.Big tech stocks…
Trump Administration Seeks Immediate Halt to Court Order to Pay Food Stamps
The appeal comes one day after a judge sharply attacked the White House for politicizing the anti-hunger program. Source link
Automatic rejection: Trump’s $100,000 H-1B visa fee leaves job-hunting Indian students in US in limbo; ‘like a slap in the face’
The Trump administration has recently hiked the application fee for the much sought after H-1B visa to a mind numbing $100,000! Indian students in the US who were looking at bagging lucrative jobs are facing a big shock – Donald Trump’s H-1B visa fee hike has left them in a lurch as companies automatically reject…
The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.
The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation. Source link
Nykaa Q2 results: Net profit surges to Rs 34.4 crore; revenue jumps 25%
FSN E-Commerce, the parent company of fashion and beauty retailer Nykaa, on Friday reported a multifold rise in consolidated net profit to Rs 34.4 crore for the September quarter, up from Rs 10.04 crore in the same period last year.Revenue from operations rose 25.1% year-on-year to Rs 2,345.98 crore, compared to Rs 1,874.74 crore a…
New Rules Aim to Broaden Appeal of H.S.A.s
Health savings accounts have lower premiums but higher deductibles. Now, more Obamacare plans can offer the accounts. Source link
Trump tariffs also hitting US consumers? US President admits Americans ‘might be paying something’ due to tariffs
In a shift from his long maintained approach over US tariffs, US President Donald Trump on Thursday acknowledged that consumers are actually paying higher prices for goods. This marks a switch in his stance, as he has long maintained that US citizens have benefited from the tariffs overall. During a discussion with journalists in the…