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The U.S. labor market is starting to cool after an unusually robust post-pandemic period, making it key to whether the Federal Reserve can cut interest rates as it inched closer to reaching its inflation target.Monthly employment gains remain strong but are down from an average of more than a quarter-million last year. The unemployment rate rose to 4.1% in June from a half-century low of 3.4%. The number of unfilled jobs is falling, layoffs are rising and wage growth, which is closely tied to services inflation, is slowing. Average hourly earnings rose 3.9% year-over-year in June but are down from…

Based in Kuching, Sarawak, CPH Travel is recognised as a pioneer in Sarawak’s tourism industry. Photo credit: CPH Travel Founded in 1968 by the late Jimmy Choo Ping, CPH Travel has pioneered what is known in the industry today as eco-tourism and cultural tourism, developing and producing tours that allow guests to experience first-hand the traditional lifestyles of local people.Now with third-generation leader Oscar Chew at the helm, MICE has become forefront for the Kuching-based DMC, working closely with state convention and visitor authority Business Events Sarawak (BESarawak) and local partners to attract more incentive trips and convention groups to…

China’s top leadership body, the Politburo, held a meeting on Tuesday to review the current economic situation and outlined economic priorities for the second half of 2024, the country’s state media reported. Key Takeaways The adverse effects of changes in the external environment are increasing. Effective domestic demand remains insufficient. There are still many risks and hidden dangers in key areas. These are issues of development and transformation. Macroeconomic policies should continue to be implemented more proactively and vigorously. It is necessary to strengthen business cycle adjustment and implement proactive fiscal policies and prudent monetary policies. The implementation of identified…

Citing a report prepared by Russia’s Data Leak Intelligence and Darknet Monitoring Service (DLBI), Izvestia reported that around 150 data leaks occurred between January and June of this year alone, compromising 140 million Russian mobile phone numbers and 46 million email addresses. The July 29 article warned that scammers could use this information to defraud individuals, businesses and organisations, and suggested authorities had the situation under control, but DLBI statistics do not bear that out.Join us on TelegramFollow our war coverage at @Kyivpost_official. The amount of information appearing on the network increased by 14%, despite the number of individual breaches…

L&T Technology Services Limited and PS Technology have entered into a strategic partnership to bring advanced simulation technology to the Indian railway market and surrounding regions. Background: The two companies signed an agreement to focus on designing, developing and supplying advanced AI-based simulation technology aimed at improving operational efficiency and safety of rail infrastructure in India and abroad. The partnership has led to the establishment of the company’s first Customer Experience and R&D Centre (CXC) in Faridabad, near New Delhi. CXC will leverage new technologies in the design and supply of simulators, setting new benchmarks in the Indian railway sector.…

Latest Market News for Today Live Updates: Check out today’s market roundup! Track the Nifty 50 and Sensex movements and top gainers and losers. See how Asian and US markets performed and which sectors led the way (or down). In a nutshell: Follow Mint’s Market Blog for real-time updates on your favourite companies. This blog brings you all the latest news on Dalal Street and global markets.Disclaimer: This is an AI generated live blog and has not been edited by LiveMint staff. 30 Jul 2024, 11:00 AM IST Live Stock Market News Updates Today: Rnfi Services, Focus Lighting & Fixtures…

Global Competitiveness Index 2024: The global economy is constantly changing due to various influences including technological advancements, demographic changes, geopolitical factors etc. Through 2024-2025, the competition between countries vying for the top position on the global stage is only getting more intense.Citizen demands, international cooperation to establish new key performance indicators (KPIs), and the need to reduce emissions are forcing the global economy to adopt new KPIs. Future economic success will no longer be measured solely in traditional metrics like GDP and disposable income, but will be defined by how well we ensure prosperity for future generations while maintaining our…

It’s been a volatile month for the stock market. Nobody likes volatility, but recent moves have helped straighten out a badly turbulent stock market. The market’s new, more stable stance could lay the foundation for investors to make further gains later this year.Stocks have seemed to be surging in 2024. After rising nearly 19% to a record high on July 16, the S&P 500 hit a wall this month and posted its biggest drop in more than a year last week. On Monday, the index rose 0.06%, or 3 points, to 5,462. One factor is the turbulent U.S. presidential election,…

BEIJING, CHINA – July 11, 2024: People take photos of the WeRide Robobus, a fully driverless shuttle capable of SAE Level 4 autonomous driving, at the Beijing High-Level Autonomous Driving Demonstration Area in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images)China Newspaper | China Newspaper | Getty ImagesSelf-driving technology company WeRide is accelerating its global expansion as the artificial intelligence boom accelerates the adoption of machine learning in transportation.”Logistics delivery and waste transportation, these two areas are progressing from indoor robots to outdoor robots to autonomous driving outdoors. Now, with the development of AI, things are moving…

4kodiak/iStock Unreleased via Getty Images In my last article published in April 2024, I pointed out the double-digit revenue growth and significant margin expansion potential of Amazon (NASDAQ:AMZN)(NEOE:AMZN:CA)’s Third Party Seller Services. Amazon is scheduled to report its second quarter earnings after the close of trading on August 1. I believe that Third Party Seller Services and AWS will continue to drive Amazon’s growth for the next few years. I am reiterating my Strong Buy rating with a one-year price target of $240 per share. Grocery Delivery Subscription Amazon launched a grocery delivery subscription offer for Prime members and electronic…