Specialized search for economics

9+ hour, 44+ min ago (444+ words) India needs to look at building intellectual'property (IP) in the semiconductor industry to stay ahead of the curve, Ravi Ranjan, Managing Director, UP Electronics Corporation,'has said. India is making a push to establish a domestic'semiconductor ecosystem'to achieve self-reliance and also emerge as a reliable partner in the global supply chain, as the world trade goes through one of the most turbulent times. Concurring with Ranjan,'Nikul Shah, founder & CEO, IndieSemiC'said to build IPs, India'needs foundries. "That ecosystem is missing in India. If we create that ecosystem we can make affordable chips," he said. Now, the aim is to'build a product nation, Shah added. They were participating in a panel discussion at the CNBC-TV18 and Moneycontrol UP Tech Next Electronics and Semiconductor Summit on December 2 in Lucknow. India's semiconductor industry has large demand coming from auto, the telecom and healthcare…...

13+ hour, 58+ min ago (1106+ words) CHICAGO, IL / ACCESS Newswire / December 2, 2025 / ArrowStream, Inc. (ArrowStream), the leading foodservice cloud platform for supply chain intelligence and AI-driven optimization, today announced the renewal of its long-term partnership with Firebirds Wood Fired Grill (Firebirds), the award-winning, polished-casual American restaurant and steakhouse. As Firebirds continues to expand its national footprint and refine its premium dining experience, ArrowStream will provide the brand access to advanced data analytics, automation, and real-time visibility to power smarter, faster, and more strategic supply chain management. ArrowStream has become an essential extension of our team, said Steve Crouch, Senior Vice President of Procurement and Product Integrity at Firebirds. Their solutions make our supply chain operations smarter and more efficient. We're excited to continue growing with an innovative partner that's helping us better anticipate challenges, optimize spend, and protect our guest experience every day. Connect with a supply…...

19+ hour, 19+ min ago (754+ words) As America turns 250 years old, it's important to remember that freedom, not top-down communism created our prosperity, Security and Exchange Commission Chairman Paul Atkins said in a speech at the New York Stock Exchange Tuesday morning. The SEC chairman's speech about "Revitalizing American Markets" comes a month after New York voters elected socialist Zohran Mamdani to lead the city. Atkins highlighted the benefits of the American economic and financial system, explained its origin in a longer English tradition, and warned about the dangers of the SEC weaponizing disclosure rules to promote a social agenda. In his remarks, Atkins said the American 250th anniversary deserves serious reflection. "In seven months, [the American] story will reach a rare milestone when our Republic marks its 250th year," he said, noting that the creation of the U.S. was a special moment because the Founding Fathers stood for…...

22+ hour, 9+ min ago (571+ words) Ilona Titova via Getty Images Rachel Sheffield is research fellow in welfare and family policy in the Center for Health and Welfare Policy at The Heritage Foundation. Read her research. A large majority of Americans no longer think it's affordable to raise children. According to data from the 2025 American Family Survey, 71% of participants said it's not affordable for most people to raise children. This is a 13-percentage point increase from 2024 and a 20-percentage point increase from 2015. Along similar lines, the most common barrier to having children cited by the survey's participants was insufficient money (43% chose this as at least one of the barriers among a list of options presented). Adults ages 18 to 29 and those ages 30 to 44 were most likely to cite this as a reason for limiting the number of children they have or plan to have." It's not surprising…...

22+ hour, 54+ min ago (879+ words) The government of Giorgia Meloni is planning to transfer the enormous gold holdings of the Italian central bank to the state. At the same time, citizens will be asked to legitimize undeclared private gold through a one-time levy. Italy is pursuing a two-edged strategy with the precious metal. Gold has served as a store of value and transaction medium for thousands of years. Since the financial and sovereign-debt crisis of 2008/09, the metal has staged a modern-day comeback that initially went largely unnoticed'until central-bank purchases exploded into a full-blown global gold rush. In the current year alone, the gold price has surged by roughly 55%. The main buyers are central banks such as the People's Bank of China and the Russian central bank. Since SWIFT and the U.S. dollar have been deployed as geopolitical weapons'through sanctions, embargoes, and transaction bans'the BRICS nations in…...

23+ hour, 37+ min ago (719+ words) Official tells MPs there was lots of information appearing in the press that "wasn't particularly helpful' The Office for Budget Responsibility complained to senior Treasury officials in the run-up to the budget about a flurry of leaks that it said spread "misconceptions" about its forecasts, it has emerged. Prof David Miles of the OBR's budget responsibility committee told MPs on the Treasury select committee on Tuesday that the watchdog had raised the issue of leaks with the department before the chancellor's statement last week. "I think it was clear that there was lots of information appearing in the press which perhaps wouldn't normally be out there and that this wasn't from our point of view particularly helpful," he said. He added: "We made it clear that they were not helpful and that we weren't in a position of course to…...

23+ hour, 37+ min ago (1610+ words) In modern American politics, economic frustration and social uncertainty often drive voters toward candidates who promise dramatic change. While socialism historically has not solved any problems it claims to fix, many struggling citizens still see that conservative, populist, and libertarian candidates are the only advocates directly acknowledging their daily hardships. Thus, we see a fusion or coalition of PLC " Populists, Libertarians, and Conservatives in the last 10 years. Over the past months, the President has delivered historic achievements for the American people: a truly massive and comprehensive tax-relief package creating worker benefits and tax assistance for teachers, union members, and the self-employed. In 2025, the USA has had the strongest border security in decades"saving trillions for states, cities, and working folks"ended various wars and conflicts, mandated fairness in sports and women's protections, and ended DEI mandates. To stop Biden's record-breaking…...

1+ day, 1+ hour ago (360+ words) Tuesday, 02 December 2025 09:53 AM EST U.S. shoppers spent $14.25 billion on Cyber Monday, pushing total online sales over the Thanksgiving weekend to $44.2 billion, according to an Adobe Analytics report, as consumers lapped up offers on everything from gadgets to household essentials. Spending rose 7.7% during the so-called Cyber Week - the five days from Thanksgiving to Cyber Monday - compared with an 8.2% increase to $41.1 billion last year, the report added. At the beginning of the holidays, Adobe had projected online spending for the period this year to hit $43.7 billion, up 6.3% from a year earlier. "U.S. retailers leaned heavily on discounts this holiday season to drive online demand. Competitive and persistent deals throughout Cyber Week pushed consumers to shop earlier, creating an environment where Black Friday now challenges the dominance of Cyber Monday," said Vivek Pandya, lead analyst at Adobe Digital Insights. U.S. online spending on Black Friday hit…...

1+ day, 1+ hour ago (196+ words) The value misread: What really drives loyalty, Infios's State of Supply Chain Report "Our research highlights a clear path forward for supply chain leaders," said Richard Stewart, EVP of Industry & Product Strategy at Infios. "Companies that bridge the divide between operational performance and what consumers truly value will differentiate themselves in the market. This isn't just a challenge, it's a blueprint for building lasting customer relationships and driving growth." The State of Supply Chain: Truth or Trend? report identifies key opportunity areas: "The opportunity here is tremendous," Infios's Stewart added. "Our research shows companies are investing in the right capabilities. Leaders who take the next step'listening to what consumers actually care about and delivering on those priorities'will build deeper trust and create sustainable competitive advantages. The roadmap is clear; now it's about intelligent execution." To learn more about how your…...

1+ day, 3+ hour ago (142+ words) Tuesday, 02 December 2025 08:21 AM EST BofA Global Research became the latest brokerage to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in labor market conditions ramped up hopes of lower borrowing costs. The Wall Street brokerage joined global peers like J.P.Morgan and Goldman Sachs who expect a quarter-point reduction when the Federal Open Market Committee meet for their last policy meeting of the year on December 9 and 10. Traders are pricing in an 87.2% chance of a 25-basis-point interest rate cut in December, according to CME Group's FedWatch Tool. Morgan Stanley and Standard Chartered are among the few expecting the central bank to remain on hold next week. Here are the forecasts from major brokerages for December policy meeting:...