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Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021

By Dylan Smith

Donald Trump has tasked Elon Musk with setting up a panel to streamline the U.S. government. Although the president-elect has said little about how this group would operate, Musk has previously set an ambitious goal of cutting $2 trillion of spending. Here is how this new panel, which will be headed up by Musk, the world's richest person, and former Republican Presidential candidate Vivek Ramaswamy, might work.

Tata Consultancy Services (TCS) employee, exemplifies the entrepreneurial spirit that turns dreams into reality. Today, with a net worth of approximately Rs 13,501 crore (around $1.6 billion USD), Desai’s story is both inspiring and instructional for aspiring entrepreneurs.

The Consumer Price Index figure, released by the US Bureau of Labor Statistics today (13 November), was up from 2.4% the previous month and marked the first increase since March this year. The core CPI measure, which strips out volatile food and energy items, remained steady, rising at an annual pace of 3.3%. On a monthly basis, headline CPI increased by 0.2% in August, the same increase as in each of the previous three months. Federal Reserve cuts rates by 25bps amid persistent economic growth Housing prices rose 0.4% in October, accounting for over half of the monthly all time in...

First Trust Advisors chief economist Brian Wesbury reacts to Fed Chair Jerome Powell saying he won't resign if President-elect Trump asks on «Making Money.»

Donald Trump Jr. has recently announced that he will be joining the venture capital firm named 1789 Capital while he is opting out of a formal role in his father’s administration following the recent US Presidential election victory. According to Independent, during a conference for Republican donors hosted by JD Vance's Rockbridge Network, Donald Trump Jr. eventually revealed about his new position as a partner at the 1789 Capital. Independent reported that 1789 Capital which mainly focuses on investments in conservative-oriented businesses also includes the media startup of Tucker Carlson. At the age of 46 only, Donald Trump Jr. has been pretty influential in his father’s political endeavors which also include the support for JD Vance as the US Vice Presidential candidate while fostering ties with potential administration appointees like Robert F. Kennedy Jr. Also Read: Donald Trump to conduct mass firings early into his second term? Two million federal workers are scared and anxious

Donald Trump coming back to the White House, one such big swings may be on the cards. The economic policies proposed by the US-President elect look set to help the US economy, it might spell trouble for the rest of the world, reports The Economist. Trump laid out a broad array of ideas aimed at providing tax relief, cutting prices, hiking tariffs and strengthening the economy, which ranks at the top of voters’ concerns. However, what parts of economic agenda Trump implements is still unclear, but the unsteadiness in the American stock market is enough to give us a clue what the investors expect (the S&P 500, an index of large American firms, hit successive records on November 6, 7 and 8). ALSO READ: Donald Trump is back: What it would mean for US economy and rest of the world

Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021.

A Secret Service agent, who was tasked to protect former US President Barack Obama, allegedly brought his girlfriend to Obama's beach house in Hawaii. The incident came to light after the agent's former girlfriend, Koryeah Dwanyen, released her memoir titled «Undercover Heartbreak: a Memoir of Trust and Trauma» on October 28, reported Abc news.

Indian Space Research Organisation (ISRO), confident in its plans to launch the NASA-ISRO Synthetic Aperture Radar (NISAR) Earth Observation Satellite early next year from the Satish Dhawan Space Centre (SDSC), has shown interest in building an Earth Observation (EO) satellite for Mexico to further deepen the 75-year-old diplomatic relationship between the two nations in 2025. Mexico's Ambassador to India, Federico Salas met ISRO Chairman S Somanath at Antriksh Bhavan in Bengaluru on Wednesday. The two highlighted the successful cooperation between the two space agencies. Ambassador Salas emphasized the need to broaden cooperation with the Mexican space agency—Agencia Espacial Mexicana (AEM)—and expand collaboration with the Latin American and Caribbean Space Agency (ALCE), which comprises several countries, for the peaceful use and exploration of outer space. According to a statement from ISRO, Ambassador Salas expressed gratitude for India’s support in space technology applications, particularly in areas such as forest fire monitoring and agricultural drought management.

CNN is reportedly facing significant layoffs as part of a major restructuring effort which is actually aimed at reviving its struggling reputation following disappointing US Presidential election ratings, reported DailyMail. According to a report from Puck, CNN executives are planning to cut hundreds of jobs which will specifically affect the production staff while on the other hand, on-air talent might also see some major changes. DailyMail reported that this comes following the network's viewership eventually plummeted with only 5.1 million viewers on the night of US Presidential Elections while severely trailing behind MSNBC and Fox News. Also Read: Despite being battered by Republicans, pollster Nate Silver sees hidden good news for Democrats from US election results; here's why

Not so long ago, environmental, social and governance (ESG) jobs were all the rage in banking and finance. In the years after the pandemic, they carried a 20% pay premium and there was talk of a skills gap: in 2020, CFA Institute found that 18% of portfolio manager jobs wanted ESG skills, but that only 1.5% of portfolio managers had them. Buffing a CV with ESG seemed like a no-brainer. 

US elections 2024's polling phase is now over, with Donald Trump destined to be the next US President after Joe Biden. Meanwhile, the Senate and the House are also being captured by the Republicans, which means that the coming four years will be 'ruled by the Reds'. Meanwhile, ace US pollster Nate Silver has analyzed the US election results and claimed that there is at least some 'good news' for Kamala Harris and the Democrats, that is hidden in the fine print.

Elon Musk and Vivek Ramaswamy, two of US President-elect Donald Trump's most famous allies, were the most keenly awaited appointments in his administration. They are going to lead the department of government efficiency (DOGE), one of the most controversial and inscrutable project of Trump. «I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the department of government efficiency (DOGE),» Trump announced. The acronym is a playful nod to Musk’s affinity for the cryptocurrency Dogecoin. The announcement triggered a meme fest on social media. Reacting to Trump's announcement, Musk on X wrote, «Department of Government Efficiency. The merch will be (fire emojis).» Many X users with the help of AI suggested some eye-catchy logos featuring the Shibu Inu dog from the Doge cryptocurrency memes for Musk and Ramaswamy's department which Musk shared on his accounts. Various online surveys and media organisations have acknowledged Doge as one of the most significant Internet memes of the 2010s.

Subscribe to enjoy similar stories. Donald Trump’s election victory has triggered a renewed push by some in Israel’s right-wing government to annex the occupied West Bank, an idea that is seen as illegal by most of the international community and could threaten Israel’s relations with its Arab allies. On Wednesday, Trump’s nominee for U.S.

Donald Trump emerged victorious in the US Presidential elections, and as soon as he comes to power following the end of Biden's tenure, his proposed set of economic plans will begin seeing the green light, and according to a Wall Street strategist, some of it could make the possibility of a US recession a harsh reality.

If things had gone differently last week, U.S. President Joe Biden could have arrived at the Asia-Pacific Economic Cooperation forum in Peru on Thursday projecting confidence and pledging his successor’s cooperation with eager Latin American partners

Subscribe to enjoy similar stories. Jack Teixeira, a former Massachusetts Air National Guardsman, was sentenced Tuesday to 15 years in prison over an extraordinary leak of highly classified intelligence documents that sent the U.S. government rushing to protect its secrets.

Russian clients that UBS took on when it bought Credit Suisse, three people familiar with the matter said, heightening scrutiny of one of the world's biggest wealth managers. The U.S. sanctions enforcement agency, OFAC, has written to the bank as part of this inquiry, two people familiar with the matter told Reuters. A U.S. official, asking not to be named, said the Swiss bank and the enforcer have held discussions. OFAC, or the Office of Foreign Assets Control, the globe's most powerful sanctions agency, wrote to UBS in recent weeks, said one of the people.

Naoki Hyakuta is facing severe backlash after making a controversial comment suggesting that women might need to «remove their uteruses» after 30 and help reverse the declining birthrate in Japan. Naoki Hyakuta, Japan's Conservative Party leader made the bizarre claim in a YouTube video where he discussed measures to increase the country's birthrate as part of a broader discussion on the challenges Japan faces due to its ageing population. According to a report in the South China Morning Post, the leader of the Japanese Conservative Party also said the solution to the nation’s population crisis would be to ban women from getting married after the age of 25. He did not stop there.