A family’s near Rs 70 lakh bet on an Australian Master’s in Data Science drew skepticism at the start, but the struggle after graduation tested them. They put in about Rs 30 lakh in savings and borrowed roughly Rs 40 lakh, then landed a first job offering around Rs 14 lakh annually during a recession year. Facing loan repayments, currency pressure, and expectations, she stayed and pushed forward. Two years later, she’s earned two promotions, nearly Rs 48 lakh annually, financial independence, and the start of permanent residency.
Legendary economist Gary Shilling warns that U.S. stocks could face a major correction, with the S&P 500 potentially plunging 30%. He also cautions that the economy may slip into recession, citing the fragility of current conditions and the likelihood of rapid market repricing. Investors are watching whether his bearish signal gains traction.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Harvard economist Jeffrey Frankel says the US faces recession odds about three times the usual level amid Trump’s tariff push. He argues tariffs could mean slower growth alongside higher prices, weaken capital formation, and add uncertainty around the dollar. Frankel also warns that dismantling post-war trade rules could ripple outward, even if some voters still back the plan.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
