Russians believe higher education is not necessary for career success – poll

Russians believe higher education is not necessary for career success – poll

Around half of all Russians believe society exaggerates the importance of higher education, while over 70 percent of citizens under 24 claim that a successful career is possible without a university diploma. According to the latest poll conducted by state-run public opinion agency VTSIOM, around 63 percent of Russians agree that higher education helps to […]

The rich world needs higher real wage growth

The rich world needs higher real wage growth

CENTRAL bankers and economists have spilled much ink in recent years on the question of why wages have not grown more. The average unemployment rate in advanced economies is 5.3%, lower than before the financial crisis. Yet even in America, the hottest rich-world economy, pay is growing by less than 3% annually. This month the […]

Wall Street ends higher, helped by tech rally

Wall Street ends higher, helped by tech rally

(Reuters) – Wall Street ended higher on Monday after a choppy session, with gains in Apple and other technology stocks offsetting worries about an escalating trade war between Washington and its trading partners. Microsoft Inc (MSFT.O), Facebook Inc (FB.O) and Apple Inc (AAPL.O) each rose 1 percent or more, pushing the S&P 500 information technology […]

Homelessness crisis: Number staying in B&Bs 1,000% higher than stats released by govt, report says

Homelessness crisis: Number staying in B&Bs 1,000% higher than stats released by govt, report says

Over 50,000 people are living in B&Bs with nowhere to go – dwarfing the government’s figure of about 5,000, a bleak report on homelessness has revealed. Charity Justlife is now warning thousands are “forgotten in statistics.” Using data gathered from Freedom of Information requests to local authorities, along with other information from the government’s Rural […]

Researchers discover higher environmental impact from cookstove emissions

Researchers discover higher environmental impact from cookstove emissions

Top Story According to new quantitative research findings, particulate emissions from cookstoves in India have been underestimated. Researchers spent 20 days running a series of tests in Raipur, a city in central India, where more than three-quarters of the families use cookstoves to prepare their meals. Cookstoves are a central part of millions of homes […]

Wall St. ends strong October higher as tech, staples lead

Wall St. ends strong October higher as tech, staples lead

(Reuters) – A jump in shares of consumer companies Mondelez and Kellogg after their quarterly reports on Tuesday, along with further gains for tech stocks, helped Wall Street end October on a positive note. The three major indexes tallied their best monthly gains since February. Mondelez (MDLZ.O) jumped 5.4 percent after the Oreo cookie maker […]

Higher bond yields, soft earnings weigh on Wall St.

Higher bond yields, soft earnings weigh on Wall St.

NEW YORK (Reuters) – U.S. stocks fell on Wednesday, with the Dow Industrials and S&P 500 indexes suffering their worst day in seven weeks, on a batch of soft quarterly earnings and a rise in bond yields. Benchmark U.S. 10-year note US10YT=RR yields hit a seven-month high of 2.475 percent, buoyed by economic data, recent […]