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The Latest Breaking News from Economics

Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spending

Wood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the airline industry more than the winner-takes-all economics of the internet era.

The Economic Times

AI set to reshape insurance economics, push industry towards scale, specialisation: Report

Artificial intelligence is set to reshape the economics of the global insurance industry, with carriers, brokers and technology providers that move early potentially gaining a significant competitive edge as AI changes underwriting, distribution, productivity and the pace of innovation, according to a McKinsey report.

The Economic Times

Competition poses no risk to food delivery, company in a strong position: Swiggy

“We believe our competitive position in food delivery is durable with no near-term risks to the underlying growth trajectory. We have been agile to evaluate possible opportunities across pricing, formats, and even separate apps to open up the TAM (total addressable market) further while maintaining the economics of the core…

The Economic Times

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“Think You’ve Mastered Adulting?”: Test Yourself With These 20 Home Economics Questions

Think you've mastered the everyday skills that make life run smoothly? This home economics trivia quiz is here to put your practical knowledge to the test. From cooking techniques and food safety to laundry care, budgeting, cleaning, and household essentials, these questions cover the real-world know-how we all use -…

Bored Panda

Bank of England holds interest rates despite Iran war inflation threat - as it happened

Live, rolling coverage of business, economics and financial markets as three members of monetary policy committee vote to raise rates

The Guardian - UK

What is crypto staking and how does it work? A practical guide for beginners

Crypto staking allows holders to support blockchain networks and earn rewards. Validators are chosen based on committed tokens, reducing reliance on mining. Users can delegate tokens or use exchange services for easier participation. Staking rewards vary due to on-chain conditions and network economics. Understanding risks like volatility and redemption periods…

The Economic Times

People Have Got To Try Being Normal About Caitlin Clark, Sophie Cunningham, and the WNBA

Plus: Congress struggling to regulate college sports, looking at the economics of World Cup hosts, and why are golf shows all the same?

Reason

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In late 2000s, scientists started working on new scientific concept related to brain, findings paved the way for detecting psychology behind making better decisions by human

Scientific research that began gaining momentum in the late 2000s continues to transform neuroscience, education, psychology, and behavioral economics. Its central lesson is both simple and profound: making better decisions begins with understanding how the mind works. By learning to think about our own thinking, humans gain one of the…

The Economic Times

5 Space Stocks Face a Brutal Correction: Which Ones Are Still Buys?

After a sector-wide selloff, RKLB, ASTS, RDW, LUNR and VOYG shares are down 50%-72% from highs. Valuations, margins and analyst ratings show which drops reflect real buying opportunities.

MarketBeat

Trump's new student visa rule could cost US economy up to $400 billion a year

A new report by the Peterson Institute for International Economics (PIIE) warns that the Trump administration's new student visa rule could discourage international students, shrink the US STEM talent pipeline and reduce economic output by up to $400 billion annually. The report urges Congress or the courts to intervene before…

The Economic Times

How Virtual Currency Marketplaces Turn Player Time Into a Consumer Choice

A live-service game may look like a self-contained world, yet every quest, auction, upgrade, and seasonal reset creates a small economy.

inkl

Gary Stevenson to quit YouTube channel, citing health concerns

Former City trader’s weekly Gary’s Economics videos took off during the Covid pandemic

The Guardian - UK

Ex NITI Aayog vice chairman Rajiv Kumar got attracted to Naxal ideology as student, hung Che's poster in room: New book

Kumar, as per the book, got attracted to the Communist Party of India (CPI) (Marxist-Leninist) when he was a student of Delhi's prestigious St. Stephen's College but now considers present day Naxalism as the "most pernicious and dishonest impact" on Indian youths which has perhaps "set back India's political and…

The Economic Times

The 'rockets and feathers' effect: Inflation eases but grocery bills do not

Economics has a term for what U.S. grocery prices have done in recent years

The Independent UK

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The Economic Times

EV penetration may rise to 10-12% of total sales in FY27: Ind-Ra report

India's electric vehicle sales are projected to reach ten to twelve percent this fiscal year. E-two-wheelers will drive this adoption, supported by lower operating costs. Electric three-wheelers will remain the most electrified category with attractive economics. Electric passenger vehicles will see robust growth from a small base. Future growth depends…

The Economic Times

Boarding call: Can Adani succeed where so many airlines have failed?

Adani Group's potential airline entry could reshape India's aviation industry, but challenging the IndiGo-Air India duopoly will demand years of investment. Strong airport infrastructure, deep financial resources and aviation synergies offer advantages, while aircraft shortages, regulatory hurdles and tough airline economics remain the biggest obstacles.

The Guardian - UK

Nobody in Europe knows or cares what Kemi Badenoch thinks. That’s a big mistake

The opposition leader wants to pull the UK out of the ECHR, wrecking treaties from the Good Friday agreement to the Gibraltar deal, says economics commentator Simon Nixon

Bangkok Post

June heatwave cost UK economy more than £1bn: study

LONDON - Britain's record-breaking June heatwave resulted in some 24 million lost hours of work, costing the economy 1.15 billion (US$1.5 billion), according to an estimate released Thursday by the London School of Economics (LSE).

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The Economic Times

Indian pharma firms may yet survive Trump's 200% tariff bombshell

Donald Trump's proposed up to 200% tariff on generic drug imports has raised concerns for Indian pharma companies, but industry experts say the long-term impact may be limited. India's cost advantage, America's dependence on imported generics and lengthy US factory approval timelines could make large-scale manufacturing shifts difficult despite Trump's…

The Economic Times

Trump's Generic Drug Tariffs Explained: What it means for Indian pharma before the 200% storm

Trump's generic drug tariffs plan provides Indian drugmakers a two-year duty-free window. This allows companies time to reassess manufacturing and supply chain strategies. After this period, tariffs will escalate significantly, impacting export economics. Several Indian firms already have US manufacturing operations for flexibility. The next two years will shape how…

The Economic Times

Google DeepMind CEO Demis Hassabis reveals who will use AI 10 times more effectively than everyone else, & why students should still learn coding

Google DeepMind CEO Demis Hassabis believes professionals with strong STEM backgrounds will be best placed to benefit from artificial intelligence, as technical knowledge will help them use AI tools more effectively. He also emphasised the growing importance of humanities subjects such as philosophy and economics in addressing AI's ethical and…

The Economic Times

How a 64-team World Cup could transform soccer's economics

FIFA president Gianni Infantino is considering a 64-team World Cup after the recent 48-team tournament. This potential expansion could significantly alter the sport's global economics and logistics. Regional confederations might become more dependent on FIFA's financial distributions. UEFA and the Asian Football Confederation have voiced opposition to further expansion.

TechRadar

The hidden tax on your AI ambitions

Enterprises are optimizing models while ignoring the real cost drivers.

Reason

The Ideological Imbalance in the Academy is Even Worse than Many Critics Believe

Tyler Austin Harper of the Atlantic has a recent X thread in which he challenges progressives to recognize that academia… The post The Ideological Imbalance in the Academy is Even Worse than Many Critics Believe appeared first on Reason.com.

The Economic Times

Reliance Retail maps online business growth with JioMart, dark stores in FY27

Reliance Retail plans rapid online business scaling and dark store expansion. The company will invest in JioMart and omni-channel reach across platforms. Operational metrics will improve with a market-by-market focus on positive unit economics. Reliance Retail aims for 2x Operating EBITDA by FY28 and FY29. This scale will create value…

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