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Is the American Consumer Done Spending?
Americans and their wallets are a key part of the global economy. Yet the lifestyles many think they’re entitled to have become more expensive. In the aftermath of the pandemic, rising costs, middling wage growth and unsustainable debt are taking a major toll on US consumers. The Federal Reserve recently started cutting interest rates, which…
Why Entry-Level Job Requirements Feel Absurd
Lacking enough or the right experience, skills, credentials and/or education ranked second among the biggest barriers for jobseekers in 2022, according to McKinsey & Co. The cooling labor market has made it more difficult to find a job. Kory Kantenga, Senior Economist at LinkedIn, said that is felt acutely in the entry-level job market. Some…
India’s income inequality widens, should wealth be redistributed? | Counting the Cost
India is the fastest-growing major economy in the world. But, the benefits of India’s growth are not trickling down to poor people. The richest 1 percent of the population owns 40 percent of the country’s wealth. The inequality gap has widened sharply under Prime Minister Narendra Modi’s decade in power. It is now a flashpoint…
Israel Iran LIVE: Iran’s Lethal Drones Smashes Israel’s Iron Dome: The Secret Behind Drone Power
Has Iran revealed a significant vulnerability for Israel? One Iranian drone managed to get past Israel’s air defense system and target a military training center, resulting in the country’s worst mass casualty attacks of the year. Four people were killed, 58 were injured, and seven were seriously injured in the incident. One of the three…
Video shows Israeli destruction of Gaza’s Rafah crossing | Al Jazeera Newsfeed
A video released by an Israeli journalist shows Gaza’s Rafah crossing burnt and destroyed, just over a month since Israel captured it. The crossing had been a vital route for aid. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page:…
West Bengal CM Mamata Banerjee says ‘will resign for the sake of justice’ | WION Pulse
Mamata Banerjee on Thursday offered to step down as chief minister, saying she is not concerned about the post. "I am ready to resign from the Chief Minister of West Bengal. I am not concerned about the post. I want justice, I am only concerned about justice getting served," she said in a press briefing…