Industrial production in the U.S. increased by more than expected in the month of March, according to a report released by the Federal Reserve on Friday. The Fed said industrial production climbed by 0.4 percent in March after edging up by a revised 0.2 percent in February. Economists had expected […]

The United States Navy is the largest in the world. Like other branches of the military, it is highly organized by a vast hierarchical structure. Even for military personnel in other branches of the armed forces, U.S. Navy ranks can be a bit confusing.  To be fair, they are arranged […]

If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh.It was Rs 1 lakh before. American regulators shut down Silicon Valley Bank on March 10, allowing depositors access to their money three days later. Reforms have made […]

The fall in the employment rate translated into a 2.6 million fall in absolute employment between December 2022 and March 2023.Most of this fall was in March 2023. Headline labour market metrics of March 2023 turned out to be disappointing. The unemployment rate climbed from 7.5 per cent in February […]

EXCLUSIVE: Lionsgate, which continues preparations to separate its studio business from Starz, laid off staffers in its Motion Picture Group on Thursday, sources tell Deadline. I hear the number is about a dozen. Related Story MGM International Streamer Rebrands Outside U.S. & Strikes Lionsgate Content Deal The news comes on […]

This article was written with the assistance of A.I. technology, and has been edited and fact-checked by Melly Alazraki. The F-15 Eagle – a twin-engine, supersonic fighter jet – first flew in 1972. It has since become renowned as one of the fastest and most effective warplanes in existence. The […]

Apple exported over $5 billion worth of iPhones from the country in FY23 and already accounts for 45 per cent of the overall smartphone exports, followed by Samsung. Surajeet Das Gupta reports. India doubled its exports of smartphones to $11.1 billion (about Rs 91,000 crore) in 2022-23 (FY23) over the […]

AMC Entertainment Holdings Inc. has reached a settlement in a shareholder lawsuit to proceed with converting its preferred stock into common shares. Following the settlement, which will provide investors additional shares as part of recapitalization, the movie theater chain’s shares fell 22 percent in the extended trade on Monday, while […]

Last month, President Biden signed a new executive order designed to increase the likelihood that background checks be initiated before guns are sold in the United States. And though many polls indicate that the vast majority of Americans – Republicans and Democrats alike – support universal background checks, the President’s […]

A NASA instrument to provide unprecedented resolution of monitoring major air pollutants – down to four square miles – lifted off on its way to geostationary orbit from Cape Canaveral Space Force Station in Florida atop a SpaceX Falcon 9 rocket. The Tropospheric Emissions: Monitoring of Pollution (TEMPO) instrument will […]