Data blackout: Government shutdown halts US employment releases; economic indicators on hold

The United States has delayed the release of a key employment report as a partial government shutdown entered its third day on Friday, creating uncertainty over the state of the world’s largest economy.Other economic indicators scheduled for publication this week, including weekly unemployment claims, have also been postponed, depriving policymakers and businesses of crucial information…

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Global recognition: India wins ISSA Award 2025 for social security; coverage jumps from 19% to 64% in a decade

India has been recognised globally for its strides in social protection, becoming the fifth country to win the prestigious International Social Security Association (ISSA) Award for Outstanding Achievement in Social Security.The honour was conferred at the World Social Security Forum (WSSF) in Kuala Lumpur, Malaysia, where Union Labour and Employment Minister Mansukh Mandaviya received the…

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AI talent wars: OpenAI requests court to dismiss xAI’s allegations; calls them ‘false and unsubstantiated’

OpenAI has asked a federal judge to dismiss a lawsuit from Elon Musk’s AI startup xAI, which claims that the company lured away its employees to steal trade secrets. OpenAI called the case part of Musk’s “ongoing harassment” and denied all allegations as “false and unsubstantiated.”In its court filing, OpenAI said, “Under Musk’s leadership, talented…

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‘Pawn in trade negotiation’: China refuses to buy US soybeans; Donald Trump admin plans support for farmers

American farmers are looking at losing billions of dollars as Chinese importers have refused to buy US soybeans due to tensions between the two nations. To ease the blow, US treasury secretary Scott Bessent announced that the government will be rolling out new support measures for the farming sector.Bessent told CNBC that the federal government…

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India-Russia trade: Putin orders officials to increase imports to address trade imbalance; ‘losses faced by India due to US tariffs…’

The Russian president indicated that to address trade disparities, Russia could increase its imports of agricultural goods and pharmaceutical products from India. (AI image) India and Russia are looking to deepen trade ties, with Russian president Vladimir Putin instructing officials to formulate strategies to address the trade imbalance. This includes increased procurement of agricultural goods…

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‘Starting to kick in’: Trump hints at $1,000–$2,000 ‘tariff dividend’ for Americans; what it means

US President Donald Trump on Thursday said that he is considering giving Americans up to $2,000 in rebates from revenues generated by his tariff policies, calling the payments a “dividend to the people of America.”“They’re just starting to kick in,” Trump said in an interview with One America News Network, referring to the tariffs imposed…

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Gold price prediction: What’s the outlook for October 3, 2025? Gold trend bullish, but a ‘sell on rise’ strategy makes sense

The gold market is currently in a state of high volatility, with strong underlying bullish momentum offset by a potential for short-term correction. (AI image) Gold price prediction today: Gold prices are likely to maintain a bullish momentum in the coming days. However, today’s technical set-up signals a sell on rise strategy, says Jateen Trivedi,…

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