Eurozone harmonized prices logged a slower increase in February, while core inflation accelerated to a record as estimated initially. The underlying inflation is likely to remain sticky with wage growth gaining strength towards the end of 2022. The harmonized index of consumer prices, or HICP, increased 8.5 percent on a yearly basis. That was slightly slower than the 8.6 percent […]

The steady inflows from systematic investment plans (SIPs) into mutual funds (MFs), coupled with outflows from debt schemes, has propelled the share of SIPs in the total assets being managed by the industry to a new high of 17.1 per cent in February. SIPs are used predominantly by retail investors. Nearly seven of every 10 SIP accounts are in equity-oriented […]

EXCLUSIVE: Saturday Night Live’s editorial crew has said yes in a big way to its first-ever union contract at the Lorne Michaels-led NBC late-night show. Five days after the Editors Guild and NBCUniversal reached a tentative deal to advert an April 1 strike, the 20-plus SNL editorial crew unanimously voted last night to ratify the agreement. The post-production team and […]

“Hey Hollywood: Hire Disabled Writers, Not Just A Disability Consultant,” is the title of the Inevitable Foundation’s latest initiative announced in an open letter to the entertainment industry on Thursday signed by notable writers, actors, and showrunners like Lauren Ridloff, Marlee Matlin, and Ramy Youssef, among many others. The initiative offers disabled creatives and the industry at large equitable and […]

Jeffrey Vandergrift, a longtime and beloved San Francisco radio host and disc jockey known as DJ JV, has been confirmed dead after going missing last month. A body found yesterday in San Francisco Bay near Pier 39 has been identified by the medical examiner as the 55-year-old Vandergrift. Police do not suspect foul play. A statement released by radio station […]

According to the U.S. Bureau of Labor Statistics, the fatal work injury rate for fallers — the frontline workers of the logging industry — last year was a staggering 530 per 100,000 workers, or 33 workers out of a total workforce of 5,600. Compare that to the national average for all occupations tracked by the U.S. Department of Labor of […]

The European Central Bank or ECB meeting will be keenly observed by investors. This is the first major central bank policy decision after the collapse of the Silicon Valley Bank and the troubles faced by the Swiss bank Credit Suisse. Earlier the ECB had signaled a 50 bps hike for March, however, analysts expect that the recent concerns regarding the […]

Indonesia’s central bank left its interest rate unchanged for the second successive meeting on Thursday as inflation is expected to return to the target range this year. The Board of Governors of Bank Indonesia decided to hold the 7-day reverse repo rate at 5.75 percent. The deposit facility rate was retained at 5.00 percent and the lending facility rate at […]

Switzerland’s economy is projected to grow significantly below its average this year amid the challenging global environment, the State Secretariat for Economic Affairs said in its Spring Forecast. The expert group of the SECO forecast the alpine economy to grow 1.1 percent this year. That was marginally bigger than the 1.0 percent expansion projected in December. Although the 1.1 percent […]