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U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains strong.
NVIDIA reports record Q4 revenue of $39.3B, up 78% YoY, fueled by AI demand. Full-year revenue surged 114% to $130.5B, led by Data Center growth and Blackwell AI supercomputers.
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability.
Experts refute Blume Ventures’ claims, citing India’s GDP growth, rising digital payments, and Modi government’s policies fostering middle-class expansion and economic resilience.
The European Commission moves to cut red tape, easing business regulations and aiming to reduce administrative burdens by 25% while maintaining EU climate and sustainability goals.
Apple Watch shipments in India surged 141% in 2024, defying a 30% market decline as demand shifted to premium smartwatches, with Apple capturing 50% of the high-end segment.
Scientists discovered a new bat coronavirus in China, but the CDC confirms no immediate threat as the virus shows low transmission risk and no evidence of human infections.
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership.
Bitcoin plunged below $87,000 as the market reels from Bybit’s $1.5B hack, rising liquidations, and investor uncertainty over Donald Trump’s long-promised crypto policies.
A deadly outbreak in the Democratic Republic of the Congo has killed 50 people within hours, prompting WHO investigations as officials race to determine the cause.
