California job growth is outpacing the nation’s

Los Angeles. California’s job market powered ahead in July amid the longest expansion since the 1960s, and unemployment remained at a record low. Since the post-recession turnaround in February 2010, the state has added 3.3 million jobs, accounting for more than 15 per cent of the nation’s employment gains, state officials reported. Last month’s tally […]

India never sold foreign debt. Its first attempt is failing

India’s foray into international debt markets may consist of little more than sound and fury, as the nation struggles to shed decades of trepidation about borrowing in foreign currencies. A fanfare announcement in the July budget has been followed by the removal of the official driving the sale, objections from the prime minister’s office, and […]