A careful reading of the national income accounts suggests that after a strong recovery from the pandemic, there has been a significant ebbing of dynamism over the last three quarters to more modest levels recently, note Arvind Subramanian and Josh Felman. How is the Indian economy doing? The answer to this question matters to every Indian — and, increasingly, to […]

America has an alcohol problem. Drinking too much is the third leading preventable cause of death in the U.S. The CDC says alcohol contributes to over 140,000 deaths yearly from 2015-2019. In some cities and regions, the issue is much worse than others. (To take just one peril of excessive drinking, deaths from alcohol-related cirrhosis have gone up almost every […]

As this seemingly endless Hollywood-hobbling strike hits week 20, Billy Ray seeks input from two veterans of the business – a vet TV exec, Peter Aronson, and a columnist, The Ankler’s Richard Rushfield — on how we got to this point and what needs to happen to get people working again. Among the points covered: how the AMPTP’S decision to […]

EXCLUSIVE: Just weeks after laying off dozens in its London HQ, DNEG, the company responsible for the VFX on movies such as Dune and Oppenheimer, is asking staff to take up to 25% pay cuts or join a loan scheme, as work slows to a standstill due to the strikes. Insiders believe their contracts will be terminated if they don’t […]

At least 27 million Americans have relocated each year since the government began record keeping in 1948. The reasons any one person or family may decide to move are often personal. These include being closer to relatives, starting a new relationship, or needing a larger home. However, many parts of the country offer advantages with more universal appeal, and some […]

Geographic mobility is at a historic low in the United States. Only 8.7% of the population moved to a new home in 2022, the second smallest share since record keeping began in 1948, and only slightly higher than the all-time low of 8.4% reported in 2021.  And while over half of all movers in 2022 relocated to another place in […]

IDFC First Bank delivered good results in the first quarter of this financial year (Q1FY24), but some analysts are concerned the bank is fully-valued. So, there has been profit-booking after a price rise. Growth went side-by-side with a focus on cutting interest costs and exposure to high non-performing infrastructure loans. The mortgage book is 28 per cent, of which 24 […]

The United States has announced new assistance totaling more than $1 billion to Ukraine, including $665.5 million in new military and civilian security assistance. The U.S. Government has also committed an additional $206 million for humanitarian assistance, emergency shelter for those whose homes were destroyed in Russian attacks, and medical support and health care for survivors of relentless Russian missile […]

UK house prices declined at the fastest pace in nine months in August as rising mortgage rates and high inflation continue to weigh on housing affordability and demand. House prices registered a monthly drop of 1.9 percent, following a 0.4 percent drop in July. This was the biggest fall since November 2022 and also marked the fifth consecutive decrease. The […]