Reviving Factory Jobs is an Expensive Illusion

Manufacturing output in America is booming. According to the Federal Reserve’s Industrial Production Index, US factory output stood at 103.9 in April 2025, near its all-time high. The machines are humming. But that productivity masks two uncomfortable truths: manufacturing jobs are vanishing, and the wages in those jobs are not especially high. So why are…

Confusion and concern loom over Mexico’s historic judicial election | Elections News

From the beginning, the reforms were controversial. Thousands of court workers went on strike to protest the constitutional amendment. Some protesters even stormed the Senate building. Critics accused the Morena party of seeking to strengthen its grip on power by electing sympathetic judges. Already, the party holds majorities in both chambers of Congress, as well…

Net financial savings of household sector may reach 6.5% of gross national disposable income in FY25

RBI observed that net household financial savings improved marginally, mainly due to uptick in financial assets of households   | Photo Credit: iStockphoto The net financial savings of the household sector may reach ₹22 lakh crore, or 6.5 per cent of the Gross National Disposable Income (GNDI) in FY25 based on current trends, according to SBI’s…