The Latest Breaking News from Economy

'Silicon Valley bodyshops specialize in faking up resumes': Trump aide Harmeet Dhillon on H-1B, PERM abuses

President Donald Trump's aide and the Assistant Attorney General for Civil Rights at the US Department of Justice, Harmeet Dhillon, spoke about her department's action against the discrimination of Americans in US jobs. Speaking to Texas journalist Sara Gonzales, who busts alleged H-1B abuses on her show, Dhillon said she…

The Times of India · Sep 2

India in talks with multiple countries to develop critical minerals for domestic needs: Piyush Goyal

India is actively seeking partnerships with nations like the US for critical mineral development. The country is also engaged in dialogues to build more resilient global supply chains. India's economy continues its strong growth trajectory, remaining the fastest among major economies. Nine trade agreements have secured access to markets with…

The Economic Times · Sep 2

Andy Burnham blames Tory legacy for leaving UK economy vulnerable

In first PMQs clash with Kemi Badenoch, prime minister rejects comparison to Liz Truss’s government

The Guardian - UK · Sep 2

Chicago Fed’s Austan Goolsbee wants to get back to ‘old-school’ economics: Focused on ordinary Americans, mindful of AI hype, and sharp on inflation

Exclusive: “If there were going to be something that shook the consumers, it would shake the economy,” president Goolsbee tells Fortune.

Fortune · Sep 2

PR can polish picture of GDP, but not economy itself: Congress slams Modi government

Congress criticizes the government's GDP figures citing former finance secretary Subhash Garg. Garg stated real GDP growth is closer to 2.6 percent. He explained that revising previous year's numbers inflated current growth. The opposition demands the government acknowledge economic realities and implement reforms. They believe PR cannot fix the actual…

The Economic Times · Sep 2

₹25 ride: India’s bike taxis are cheap, fast and still fighting for a place on the road

Bike taxis offer affordable, on-demand urban transport, bridging the last-mile connectivity gap. These services face regulatory hurdles despite strong commuter demand for speed and cost. The central government has provided a framework, but states retain regulatory control over operations. The industry's growth hinges on sustainable economics and addressing safety and…

The Economic Times · Sep 2

German companies under pressure to adapt as China challenges them at their own game

China is challenging Germany at its own game of making advanced, highly engineered machinery

The Independent UK · Sep 2

Taiwan says its companies plan to invest another $20 billion in US

Taiwanese firms plan additional twenty billion dollars investment in the United States. This significant investment is driven by increasing demand for artificial intelligence applications. The announcement came from Taiwan's economy minister at a trade show in Taipei. A visiting US official welcomed the news, highlighting shared supply chain commitments. These…

The Economic Times · Sep 2

Australia’s economy grows by 2.1%, but people’s living standards aren’t keeping pace

Australia’s economy expanded by 0.4% in the June quarter, with spending growth driven by record sales of imported electric vehicles.

The Conversation · Sep 2

How Cleaner Shrimp Run Ocean Stations That Show Symbiotic Fish Behavior at Work

The Cleaning Station Is a Real PlaceOn a coral reef, certain spots function like appointment desks. Cleaner shrimp, most commonly Lysmata amboinensis, the Pacific cleaner shrimp, and Ancylomenes pedersoni, the Pederson cleaner shrimp, set up at fixed locations on the reef and stay there. Fish learn where these stations are.…

Times Life · Sep 2