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The squeeze on India’s spenders is yet to lift

BUSINESS

The squeeze on India’s spenders is yet to lift

A fading of last year’s inflation will create some room for additional spending, particularly in villages. But the consumption sentiment in cities may remain subdued.

The global economy needs a new powerhouse. India is stepping up

BUSINESS

The global economy needs a new powerhouse. India is stepping up

PM Modi is closer than any predecessor to being able to claim that the nation — which may have just passed China as the world’s most populous — is finally meeting its economic potential.

Actually, it has been a wonderful year for tech’s future

BUSINESS

Actually, it has been a wonderful year for tech’s future

By the time the clock rings out 2022, the tech-heavy Nasdaq will have put in one of its biggest annual declines in at least 14 years.

Best nonfiction of 2022: Great books that will make you think

BUSINESS

Best nonfiction of 2022: Great books that will make you think

The author is even-handed but not starry-eyed. Particularly chilling are her accounts of the “punitive” raids against the indigenous people, expeditions even dissenters were expected to join.

What we learned about Hybrid work in 2022

BUSINESS

What we learned about Hybrid work in 2022

In most big cities, offices are still empty more than half the time. Even in Austin, Texas — which has the highest occupancy rate among large cities, according to Kastle Systems badge-in data — workplaces are still much emptier than before the pandemic.

Twitter users deliver the verdict Elon Musk probably wanted

BUSINESS

Twitter users deliver the verdict Elon Musk probably wanted

On Sunday, he tweeted a poll asking Twitter users whether he should step down, an act made more remarkable by how mundane it has become as a key element in the billionaire CEO’s management strategy. The poll closed early Monday in New York, with a resounding “yes” from more than 57% of the more than 17 million respondents.

Java without Java? The crisis brewing in Coffee

WORLD

Java without Java? The crisis brewing in Coffee

Climate change has been central to the good times and instrumental to coffee’s discouraging prognosis in Indonesia, the world’s fourth-biggest producer. Crop shortfalls around the globe drove an epic advance last year in the price of beans, a rally that’s cooled in recent months along with retreats in commodity prices.

Apple’s iPhone needs a shake-up, and a new law might help

BUSINESS

Apple’s iPhone needs a shake-up, and a new law might help

That has been great for Apple’s business, but not always so great for consumers. Now, a European law is forcing the company to loosen its iron grip on its products.

Another crispr first: New treatment wipes out teen's cancer

BUSINESS

Another crispr first: New treatment wipes out teen's cancer

It’s a wonderful first application of the technology, which allows scientists to make precise, single-letter changes to DNA. And while it’s still very early days for base editing — the first tool was discovered just six years ago — it’s stunning to watch how quickly new inventions are moving from the lab into potential cures.

Singapore’s canary wharf is running out of office space

BUSINESS

Singapore’s canary wharf is running out of office space

In the first half of next year, the government will offer the biggest land parcel it has sold since 2016 for office construction.

CPI justifies US market’s exuberance this time

BUSINESS

CPI justifies US market’s exuberance this time

The numbers showed that core prices — excluding volatile food and energy — rose just 0.2% in November from the previous month. Stripping out the contentious shelter component of the index, core prices actually fell 0.1% on the month.

Not even AI can beat the market these days

BUSINESS

Not even AI can beat the market these days

So far, that promise has not been realized. The only major fund run by AI – AI Powered Equity ETF - has underperformed and attracted low investor interest.

How to save your job from ChatGPT

BUSINESS

How to save your job from ChatGPT

That question is likely top of mind for anyone who has seen or played around with ChatGPT, the AI-powered chat tool from OpenAI, the $20 billion AI research organization.

Did a Robot write this? we need watermarks to spot AI

BUSINESS

Did a Robot write this? we need watermarks to spot AI

And remarkably, it will soon get better. OpenAI is widely expected to release its next iteration known as GPT-4 in the coming months, and early testers say it is better than anything that came before.

Tech layoffs at silicon valley offer hiring boon for startups

BUSINESS

Tech layoffs at silicon valley offer hiring boon for startups

The history of Silicon Valley is awash with stories of companies that were founded, or gained traction, in the ruins of recession. Amazon.com Inc. and Google, now known as Alphabet Inc., are among the big winners from past economic slumps.

Google faces a serious threat from ChatGPT

BUSINESS

Google faces a serious threat from ChatGPT

Google works by crawling billions of web pages, indexing that content and then ranking it in order of the most relevant answers. It then spits out a list of links to click through.

The US and UK should be welcoming talent, not driving it away

BUSINESS

The US and UK should be welcoming talent, not driving it away

Yet both countries are also threatening their long-term prospects with foolish policy. Specifically, their inability to enact sensible immigration reforms means that the sectors they rely on to power their growth -- from tech to higher education -- may well run short of resources.

Migrant workers face worse choices than building World Cup stadiums

BUSINESS

Migrant workers face worse choices than building World Cup stadiums

Hundreds of construction projects across the United Arab Emirates stalled. And the workers were left stranded at home, work permits in hand.

How Donald Trump could win the 2024 Republican nomination

BUSINESS

How Donald Trump could win the 2024 Republican nomination

The contest is now in full flight, even though only one candidate, Trump, has formally announced. In echoes of 2016, political observers have been debating whether Trump could capture the nomination with a relatively small share of the overall vote.

AI can make crypto safer for everyone

BUSINESS

AI can make crypto safer for everyone

AI is relevant because it holds the potential for making crypto workable for the vast majority of Americans who do not wish to bother with the intricacies of a crypto wallet.

Gen Z really does have it harder than millennials

BUSINESS

Gen Z really does have it harder than millennials

A few months ago I saw a tweet from a professor who wrote that when he taught in Lebanon at the American University of Beirut, one of his students complained that her parents "have no idea how complicated and stressful the world has become."

Qatar’s FIFA world cup is a win for globalization

BUSINESS

Qatar’s FIFA world cup is a win for globalization

No other sport comes close to soccer in its global reach. US football failed dismally in its attempt to cross the Atlantic. US baseball only extends to bits of Latin America and pockets of Asia.

KKR, GIP nab a $16 billion telecom consolation prize from Vodafone

BUSINESS

KKR, GIP nab a $16 billion telecom consolation prize from Vodafone

Vodafone offloaded part of the unit, Vantage Towers AG, in a March 2021 initial public offering. But it wants to sell more to cut debt and move from majority ownership to shared control.

Don’t count on the usual post-midterm stock rally

BUSINESS

Don’t count on the usual post-midterm stock rally

Consider the flimsy attempts to explain what may otherwise be a coincidence. One leading explanation is that midterm elections generally lead investors to anticipate the arrival of a new legislature with a potentially stimulative fiscal agenda.

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