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When the American Cancer Society talks about improved 5-year cancer survival rates, it sounds like good news. And it is. As per the 75th annual Cancer Statistics report by American Cancer Society (ACS) researchers in the mid-1970s, the 5-year cancer survival rate was 50% and now it’s 70%, meaning that 7 in 10 people diagnosed…
The US Federal Reserve’s preferred inflation measure remained elevated in November, reinforcing expectations that policymakers are likely to pause further interest rate cuts as they assess the impact of earlier easing and new trade-related pressures.Data released by the US Department of Commerce on Thursday showed that the personal consumption expenditures (PCE) price index rose 2.8%…
NEW DELHI: Unemployment rate for those in the 15 years and above age group inched up marginally in Dec while the labour force participation rate (LFPR) maintained an upward momentum, the periodic labour force survey monthly showed ThursdayThe overall joblessness rate was estimated 4.8% in Dec compared to 4.7% in Nov. The survey results showed…
MUMBAI: RBI governor Sanjay Malhotra on Monday said that the strength of a nation should not be judged by its currency’s exchange rate alone. He said that India’s economic fundamentals were strongly boosted by high growth, low inflation, financial stability, healthy investment and consumption, and high foreign exchange reserves.The governor was responding to the question…
Hiring in the United States remained subdued in December, capping a year of weak employment gains, even as the unemployment rate edged lower, according to data released by the US Labor Department on Friday, AP reported.Employers added 50,000 jobs in December, nearly unchanged from a downwardly revised 56,000 jobs added in November. The unemployment rate…
Gold futures saw a slight uptick on Friday morning, after a choppy week of trading. On the MCX, gold for the February 5 contract was quoted at Rs 1,37,805 per 10 grams, up Rs 63 or 0.05%. However, the broader tone for gold remained weak, as a stronger US dollar and ongoing adjustments in commodity…
The average interest rate on a 30-year US mortgage edged slightly higher this week but remained close to its lowest level of 2025, offering limited relief to homebuyers amid a still-challenging housing market, according to data released by Freddie Mac.The average long-term mortgage rate rose to 6.16% this week from 6.15% last week, when it…
SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high…
Asian markets had mixed performances in Wednesday’s sessions, tempering Wall Street’s recent historic records, while the interest rate trend in the global market, coupled with developments in Venezuela, caught the interest of most traders. Turning to foreign news, US troops reported the arrest of Venezuelan President Nicolas Maduro, while Trump claimed ownership of Greenland control.Japan’s…
NEW DELHI: The Telangana legislative assembly has passed a bill that scraps the “two-child norm” that barred individuals with more than two children from contesting in the local body elections.Panchayat raj minister Danasari Anasuya Seethakka, citing the state’s declining fertility rate, lower than the replacement rate, argued that the provision had outlived its relevance.She stated…
