Tag: United States
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Russia’s Sechin says U.S. companies benefit from the closure of the Strait of Hormuz
The closures of the Strait has rattled global markets, sending oil prices to multi-year highs, stoking global inflation and undermining economic growth.
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US and Iran trade strikes in latest Gulf flare-up
The US said it struck radar sites in Iran after downing drones headed towards the Strait of Hormuz, while Iran said it had targeted “enemy bases in the area” with missiles.
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Iran and US exchange strikes in latest threat to fragile ceasefire
The US claims to have intercepted Iranian drones before launching missile strikes on what it described as “radar sites” in the south of Iran.
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Strong US job growth beats expectations in May, firming recent gains
WASHINGTON: US job growth surged past expectations in May with the unemployment rate remaining steady, as the labour market in the world’s largest economy showed signs of firming after months of turbulence.Wall Street stocks traded lower on the news, with investors expecting a strong labou
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‘AI is now the leading reason companies give for cutting jobs,’ says new report—what that means for workers
Many companies are “changing how they are allocating resources” in response to AI, according to Glassdoor chief economist Daniel Zhao.
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Trump ‘still disappointed’ with NATO over Iran, warns US Ambassador
US Ambassador to the EU Andrew Pudzer says NATO allies made a ‘big mistake’ not assisting the US in the war in Iran. In an interview with Euronews, he said Europeans had an obligation to help, given America’s history of defending the European continent. #12MinutesWith
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Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
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Trump wants Bill Pulte to fire big chunk of national intelligence office staff: WSJ
President Trump’s comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.
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Why is clothing giant Patagonia suing famous drag queen Pattie Gonia?
American clothing company Patagonia has filed a trademark infringement lawsuit against drag queen and environmental activist Pattie Gonia, prompting a public dispute over branding, activism, and intellectual property rights.
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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