The Retailers Association of India (RAI) reported a 7% growth in the retail sector during the festive period from October 7 to December 1, 2024, compared to the same period in 2023. While this growth reflects a positive trend, it fell short of the anticipated 10%, underscoring the persistent challenges facing the industry. According to […]

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A recent survey conducted by Statista among 1,050 Americans revealed that saving money is the most common New Year’s resolution for 2025. Over 20% of U.S. adults listed saving more as their top goal for the year. Other popular resolutions included eating healthier (19%), exercising more (17%), losing weight (15%), and spending more time with […]

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A recent analysis by Banco de Portugal (BdP) has highlighted significant disparities in the distribution of household savings across income levels. The central bank’s findings reveal that more than 55% of the nation’s savings are held by the wealthiest 20% of families, underscoring the unequal distribution of financial resources. The BdP characterized the savings imbalance […]

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Economic growth in the Gulf Cooperation Council (GCC) countries is projected to gain momentum, with average expansion forecasted at 3.7% in 2024, rising to 4.5% in 2025, according to projections by the GCC Statistical Center (GCC-Stat) in Muscat. The growth is expected to moderate slightly to 3.5% in 2026, primarily supported by a recovery in […]

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The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) has projected a 2.4% economic growth rate for the region in 2025, citing domestic consumption as the primary driver. This updated forecast marks a slight increase from the 2.3% estimate made in August, although ECLAC described the region’s growth trajectory as remaining subdued. […]

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Connecticut undeniably ranks first with the highest expenditure on higher education, investing an impressive $1,734 per person holding a bachelor’s degree or higher. New Jersey and Illinois claim the second and third spots, respectively, demonstrating significant commitment to educational funding. Meanwhile, Florida ranks bottom, allocating a mere $572 per person with a bachelor’s degree or […]

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Identity theft and fraud are urgent issues that demand immediate attention, as they affect millions of Americans. The statistics show just how dire the situation is: in 2023, the Federal Trade Commission (FTC) recorded nearly 5.4 million complaints related to these crimes—an appalling average of 14,773 reports every single day. The financial consequences are staggering, […]

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The Digital Transformation followed the Industrial Revolution, and now we find ourselves amid a remote work revolution. With employees seeking greater flexibility, companies worldwide are reevaluating their business models to attract and retain top talent. As a result, various sectors, job roles, and countries are quickly adapting to a future of remote work. But which […]

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The “Fall 2024 Fortune/Deloitte CEO Survey” reveals a sharp uptick in CEO confidence regarding the global economy, marking a significant improvement from the summer survey. This optimism appears to be driven by factors such as expectations of a favorable tax environment, reduced regulation, and support for mergers and acquisitions (M&A). Additionally, recent Federal Reserve decisions […]

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A recent KPMG survey of over 1,300 corporate leaders worldwide reveals a surprising optimism among CEOs, even as global economic confidence wanes. Despite the economic pressures, an overwhelming 92% of CEOs plan to expand their workforce over the next three years, a level of hiring enthusiasm not seen since 2020. Simultaneously, 72% of these leaders […]

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