tag: Kaustubh Bagalkote

Harris Hit Trump With Claim Of ‘Worst Unemployment Since The Great Depression’ During Debate, Here Is What The Economists Said

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In their first debate for the 2024 election, Vice President Kamala Harris criticized former President Donald Trump for severe unemployment during his tenure, as well as his economic policies and handling of the COVID-19 pandemic. What Happened: “Donald Trump left us the worst unemployment since the Great Depression,” Harris stated. She also blamed Trump for … Read more

Alibaba Shares Spike Over 4% In Hong Kong After Stock Connect Programs Give Mainland China Investors Greater Access – Alibaba Gr Hldgs (NYSE:BABA), Alibaba Gr Hldgs (OTC:BABAF)

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Alibaba Group Holding BABAF BABA saw its Hong Kong-listed shares rise by 4.28% on Monday. The surge followed the inclusion of its ordinary shares in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs. What Happened: The company’s shares were trading at HK$81.65 after the announcement. The inclusion means that eligible investors in Mainland China … Read more

Obama-Era Economist Warns Of Spiralling Price As Trump Proposes To Deport Millions Of Illegal Immigrants: ‘We Wouldn’t Run Out Of Food, But…’

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Betsey Stevenson, a former chief economist during the 44th U.S. President Barack Obama administration, cautioned about potential food inflation if undocumented immigrant farm workers are deported. Her comments came in response to concerns raised by Robert Zubrin. What Happened: Stevenson, who served on President Obama’s Council of Economic Advisers, stated, “We wouldn’t run out of … Read more

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