US Service Sector Growth Accelerates as Price Pressures Mount
The ISM services index climbed to 54.1 in December 2023, with the prices paid component hitting its highest level in nearly a year. While the sector shows resilience, rising costs and potential policy shifts create uncertainty for businesses navigating inflation pressures.
Bezos Backs Trump's Deregulation Agenda in Surprising Show of Support
Amazon founder Jeff Bezos made a striking pivot by endorsing Donald Trump's regulatory vision at the DealBook Summit, marking a significant shift from their previously antagonistic relationship. The billionaire joins other tech leaders like Musk and Zuckerberg in aligning with Trump while expressing optimism about the former president's evolved demeanor.
Trump's Tech Reshoring Push: Balancing American Jobs and Global Market Realities
As Trump's 'America First' policies aim to bring tech jobs back to U.S. soil, companies face complex decisions balancing labor costs, talent availability, and market pressures. While selective reshoring of specialized roles seems likely, India's vast tech workforce and competitive advantages suggest a hybrid approach may prevail.
Home Depot Co-Founder and Retail Pioneer Bernie Marcus Dies at 95
Bernie Marcus, who transformed Home Depot from startup to $392 billion retail giant, has died at 95. The Russian-Jewish immigrant's legacy includes both revolutionary retail success and extensive philanthropy through his $11 billion fortune.
Trump's Rise: How Economic Struggles of Young Men Shaped the 2016 Election
Recent data reveals how financial instability and wage stagnation among men under 35 played a crucial role in Donald Trump's presidential victory. This demographic's economic anxieties and disconnection from traditional paths to financial security proved to be a decisive factor in key swing states.
Post-Election Hiring Surge: Recruiters Report Renewed Market Activity
Recruiters observe a significant uptick in hiring activities following the recent U.S. presidential election, particularly in healthcare and technology sectors. Multiple industries are showing renewed momentum as companies rush to fill positions that were put on hold during the election period.