Tag Archives: economy

Payment secrets hidden in the global gaming economy

From the developers and designers who create the games to the esports athletes who compete on grand stages during tournaments, the global gaming economy is a major industry with over $150 billion in gaming revenue and an 11 percent annual revenue growth, according to Newzoo. As gaming forms its own economy, seamless payment experiences at every level are critical for the ... Read More »

UGC issues directives to educational institutions to promote digital economy

Union Minister for HRD Prakash Javadekar, in recent times, issued a direction to educational institutions to adopt and promote cashless transactions and conduct of business. Digital economy RELATED STORIES 11 points Prakash Javadekar highlighted on education at #AAJTakAgenda2016 Delhi can appoint retired govt. teachers if required: Manish Sisodia No US jobs for IIT Bombay this placement season National Institute of ... Read More »

Election angst hurting US economy

what is in the back of the latest slowdown within the U.S. economic system? it is the election, silly. a few 60 percentage of enterprise economists say that uncertainty about the November vote isunfavourable potentialities for growth this yr, in keeping with a survey launched Monday. in their today’s forecasts, contributors of the countrywide affiliation for business Economics haveanother time ... Read More »

‘Simple’ data is the key to economy: UBS economist

Upbeat economic data haven’t made for upbeat markets in 2016. Much of the focus, according to Drew Matus, deputy chief U.S. economist at UBS, has been on GDP. But his key to the U.S. economy is diving into “simple data” like weekly jobless claims. “If claims don’t go up, nothing bad is happening,” Matus told CNBC’s “Worldwide Exchange” on Thursday. ... Read More »

Jobs report eliminates some pessimism over economy

Hiring slowed substantially in January, but the fact that more people were working for higher pay signals strength in the labor market and dashes a little of the recent pessimism about the economy. Nonfarm payrolls rose by just 151,000, far short of the expected 190,000. The strong 292,000 gain in December was also reduced by 30,000 workers. But the unemployment ... Read More »

Wall Street bear actually bullish on economy

The American consumer is what ultimately determines whether or not a recession happens, and it’s easy to be optimistic about the consumer, said David Rosenberg, chief economist and strategist at Gluskin Sheff, who had been a long-time bear. “I’m confident that as feeble as the economy is right now, we are going to escape an actual downturn,” Rosenberg told CNBC’s ... Read More »

Citi: World economy seems trapped in ‘death spiral’

The global economy seems trapped in a “death spiral” that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned. Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and ... Read More »

Jobs report eliminates some pessimism over economy

Hiring slowed substantially in January, but the fact that more people were working for higher pay signals strength in the labor market and dashes a little of the recent pessimism about the economy. Nonfarm payrolls rose by just 151,000, far short of the expected 190,000. The strong 292,000 gain in December was also reduced by 30,000 workers. But the unemployment ... Read More »

Wall Street bear actually bullish on economy

The American consumer is what ultimately determines whether or not a recession happens, and it’s easy to be optimistic about the consumer, said David Rosenberg, chief economist and strategist at Gluskin Sheff, who had been a long-time bear. “I’m confident that as feeble as the economy is right now, we are going to escape an actual downturn,” Rosenberg told CNBC’s ... Read More »

Citi: World economy seems trapped in ‘death spiral’

The global economy seems trapped in a “death spiral” that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi strategists have warned. Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and ... Read More »