U.S. Employers Added 330,000 Jobs in May
United States employers added 333,000 jobs last month. This continues the massive job growth for the year, but the unemployment rate rose to 3.7%.
United States employers added 333,000 jobs last month. This continues the massive job growth for the year, but the unemployment rate rose to 3.7%.
Washington, D.C.: The United States Senate easily approved the bipartisan debt ceiling bill that would keep the government from defaulting on their bills. It now goes to the Oval Office…
Phoenix, AZ.: The state of Arizona to limit some new housing construction in the metropolitan areas because of a water shortage. Developers in certain areas of Maricopa County won’t be…
Washington, D.C.: In a 317-117 bipartisan vote, the United States House of Representatives passed the bill which raises the debt ceiling. The bill now goes to the U.S. Senate. The…
Washington, D.C.: The White House and G.O.P. negotiators have agreed on a bipartisan deal which will raise the debt limit for two years. The deal caps and cuts some government…
The European Union privacy regulators fined Meta, Facebook’s parent company, with a record fine of $1.3 billion. The regulators allegedly sent user information to the United States servers.
Target has recalled almost 5 million candles: 5.5 ounce 1-wick, 14 ounce 3-wick and 20 ounce 3-wick Threshold candles sold in glass jars. The candles were recalled due to burn…
Walt Disney Co. has cancelled the company’s plans to open a new Florida campus and bring about 2,000 jobs and a $1 billion development to the state. This the latest…
According to the Wall Street Journal, ESPN is planning to sell its channel directly as a subscription streaming service in coming in the next few years.
The Deutsche Bank has agreed to pay $75 million to settle a class-action lawsuit which alleged the bank facilitated Jeffrey Epstein’s sex-trafficking ring.
Elon Musk named NBC Universal advertising sales chief Linda Yaccarino to succeed Musk as Twitter’s next CEO.
Elon Musk announced that he will step down as the CEO of Twitter as he has found Twitter’s next CEO. Musk did not identify who the new CEO will be.
London, ENG.: Once again, the Bank of England has raised key interest rates by 0.25%.
A FDA panel has recommended that birth control bills be allowed to be sold over-the-counter for the first time. The move will now move to a vote before final approval.
Signs of inflation slowing down as prices rose 4.9%.
In April, United States employers added 253,000 jobs. Also the unemployment rate fell from 3.5% to 3.4%.
The popular fast food chain Burger King plans to close up to 400 under performing restaurants before the end of the year. This came from the CEO Joshua Kobza in…
The European Central Bank raised its key interest rate by a 0.25% point.
Washington, D.C.: The Federal Reserve has raised interest rates again by 0.25%.
The leaders of the Writers Guild of America have called for a strike in a dispute over compensation for the writers on streaming platforms.
Treasury Secretary Janet Yellen said the United States government could be unable to pay its bills by June 1 if the U.S. Congress does not raise or suspend the debt…
Federal Regulators have seized First Republic Bank, and they sold all of its deposits and most of its assets to JPMorgan Chase Bank.
Amazon reported $3.2 billion in profits for the first quarter, as the company made large cuts in its workforce and also cut some of its product lines.
The United States economy grew at a 1.1% annual rate in the first quarter, which showed the economy is growing at a much slower pace.
Washington, D.C.: In a 217-215 vote, House Republicans passed the G.O.P. spending bill to increase the debt limit to keep the government from defaulting. In the bill, it forces spending…