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Australia passed a world-first social media ban for children under 16, making platforms like TikTok, Facebook, and Instagram liable for fines if they fail to prevent underage users. Critics warn it could isolate vulnerable children and present privacy risks, though supporters argue it's essential for child safety.
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News and Media
The annual Black Friday shopping day has always been about finding the best deals, but this year retailers are preparing for a US consumer more zealously fixated than ever on getting value for their money. "They're becoming increasingly resourceful in their shopping behaviors, waiting to buy until (the) last moment of need, focusing on deals and then stocking up when they find them," he said.
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News and Media
Indian wages contracted last quarter for the first time since the pandemic. This curbed consumer spending and led to weaker corporate profits among major companies like Maruti Suzuki and Hindustan Unilever. The slowdown poses challenges for the governments growth goals. Opposition parties criticized the government for ignoring the economic difficulties of the middle class.
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News and Media
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