Income inequality in the U.S. has been creeping upwards for decades. Over the 40 years between 1980 and 2019, income inequality – a measure of the uneven dispersion of wealth across a population – climbed by nearly 18% in the United States. While the number of Americans living below the poverty line has fluctuated in recent decades, the number of […]

Compared to the rest of the world, Americans should have long lives. The most sophisticated medical advances globally are usually made in the United States. America has highly-rated medical schools, and students from all over the world want to attend them. Some of the world’s best university hospitals are also in the United States. (These mistakes are aging you too […]

‘Our factories are world-class and are becoming increasingly attractive for our global business leaders to use to serve other markets.’ ABB India is optimistic about domestic demand outstripping export growth, with strong momentum in private and public spending. Sanjeev Sharma, country head and managing director, speaks to Amritha Pillay/Business Standard on growth from smaller cities, newer segments, and opportunities from […]

Merck Animal Health, affiliated to drug major Merck & Co., Inc., has recalled three batches of Banamine/Banamine-S (flunixin meglumine injection) 50 mg/mL in the United States citing the presence of particulate matter. Flunixin meglumine is a potent, non-narcotic, nonsteroidal, analgesic agent with anti-inflammatory and antipyretic activity. The U.S. Food and Drug Administration noted that the prescription product is used for […]

The Bank of England “kept on printing money” after Covid, fuelling inflation, an ex-chief has admitted. Andy Haldane, the bank’s former chief economist, has said officials were overzealous during lockdown, stating the measures needed to quell the economic uncertainty may have gone on too long. Economists have long suspected that the bank’s policy of printing money and cutting interest rates […]

The Writers Guild released a video on Labor Day Monday, saying that the studios “are in the process of wrestling amongst themselves” for a deal to end the ongoing writers’ strike, which is now in its 126th day. “We are not on strike out of greed, nor do we begrudge the companies their success or deny their struggles. We must […]

We’ve reached Labor Day and the close of this endless summer labor dispute that has stretched 18 weeks with no end in sight — many who had pegged Labor Day as the likely resolution now point to Thanksgiving. Deadline Strike Talk host Billy Ray engages Jennifer Fox, producer of such films as Michael Clayton, Nightcrawler, The Last Duel, and the […]

Disney needs its cable TV relationships to work. Its overall financial situation has been undermined by slow traffic at its theme parks and the struggles of its streaming businesses, with Disney+ at the top of that list. Streaming efforts have lost billions of dollars, and subscriber counts have fallen. Charter Communications, the big cable company, wants Disney to cut a […]

Renewed inflationary pressures, led by a spike in prices of vegetables and cereals, have cast a spell on the equity markets in the past month. The BSE Sensex and Nifty50 have declined up to 2 per cent each during the period, clipping the 13 per cent rally from the March lows, shows data from ACE Equity. Investors typically consider shares […]

Chuck Parker, national executive director of the Art Directors Guild, IATSE Local 800, said that “it has become frighteningly apparent” that below-the-line workers are “bearing the brunt” of the ongoing strikes by actors and writers. He is reminding his members that help is available for those struggling to maintain their union health coverage and to make ends meet. “I understand […]