money 'What we're seeing here is re-employment': Economist on the June jobs report
Michael Gapen, Chief U.S. Economist at Barclays, joined The Final Round to discuss his outlook for the U.S. economy following the June jobs report
Michael Gapen, Chief U.S. Economist at Barclays, joined The Final Round to discuss his outlook for the U.S. economy following the June jobs report
The creepy patterns were observed by the European Space Agency's ExoMars Trace Gas Orbiter.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what's traditionally the housing market's busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.71%, Freddie Mac said.
A green puppy named Shamrock was born in Pensacola, Florida with green fur. The puppy is garnering lots of attention on social media.
Washington-based T-Mobile will invest another $500 million between 2027 to 2028 to help Lumos reach 3.5 million homes by the end of the period. T-Mobile will acquire all existing fiber customers of Lumos as part of the deal with EQT's Infrastructure VI fund, which is expected to close in late 2024 or early 2025. Lumos, which provides its fiber internet to 320,000 households, will transition to a wholesale model after the deal with T-Mobile as its main client, owning customer relationships.
Government supporters of offshore wind energy projects in New Jersey and New York are trading blows with opponents in some shore towns who say many vacationers and local residents don't want to see turbines filling the ocean horizon. Eight Jersey Shore beach towns wrote to state utility regulators Wednesday, saying one wind farm proposal will be vastly more expensive than projected, and will cost tourism-driven jobs and economic activity.
A cargo ship trapped by the collapse of a major bridge in Baltimore last month successfully left the port city on Thursday after a new temporary channel was opened, shipping data show.The March 26 collapse of the Francis Scott Key Bridge after it was struck by a huge container ship knocked out a major transit route into the port city and trapped cargo vessels inside.
A new poll shows the share of U.S. college students who blame Hamas for the Oct. 7 attack on Israel has declined by more than 10 points in the last six months.
Honda plans to invest $11 billion, with the help of joint venture partners, to build out its electric vehicle efforts in Canada as it prepares for future demand in North America for the automobiles. Honda expects to add at least 1,000 more workers for the two new facilities. There's also plans for a cathode active material and precursor processing plant through a joint venture partnership with POSCO Future M Co. and a separator plant through a joint venture partnership with Asahi Kasei Corp.
New worker protections, expanding labor unions and a strong job market are finally helping the typical worker get ahead. Americans aren't feeling it.
London's stock market bucked the trend in reaching another record high on Thursday but Wall Street and eurozone equities tumbled as tech shares sank after Meta signalled an AI spending spree and data showed slower US economic growth.- London bucks trend - London's FTSE 100 index bucked the trend as it struck 8,102.14 points to briefly reach an all-time high for a third session running, ending in positive territory despite the declines elsewhere.
As he fed his sheep costly fodder, Palestinian farmer Talib Edais looked wistfully at the hills where his herd had grazed for free until an Israeli decision last month.- Law in 'the hands of settlers' - From the lot that Edais and 50 of his relatives have lived on since 1976, near the Jordanian border, the farmer can see the nearby settlement of Masua and an Israeli army base.
A stalemate at Columbia University over removing a student encampment to protest Israel's war in Gaza has spawned a wave of similar demonstrations on college campuses across the U.S., but authorities have shut down many before they can take root. In the latest campus clash, police officers immediately responded on Thursday morning as student protesters at New Jersey's Princeton University began setting up an encampment, video footage on social media showed.
A multiple-day severe weather outbreak packing powerful wind gusts, tornadoes, large hail and flash flooding will pose a significant risk to lives and property in the middle of the United States into Sunday, AccuWeather meteorologists continue to warn. The threat of severe weather returning to a portion of Tornado Alley that makes up much of the Great Plains after a lull over the past few years was brought to attention by AccuWeather's long-range team months ago during the spring outlook. Over t
ESA captures new images of the seasonal phenomenon in the 'Inca City' region of the Red Planet.
Circumstantial evidence points to climate change as worsening the deadly deluge that just flooded Dubai and other parts of the Persian Gulf, but scientists didn't discover the definitive fingerprints of greenhouse gas-triggered warming they have seen in other extreme weather events, a new report found. Between 10% and 40% more rain fell in just one day last week — killing at least two dozen people in the United Arab Emirates, Oman and parts of Saudi Arabia — than it would have in a world without the 1.2 degrees Celsius (2.2 degrees Fahrenheit) warming that has come from the burning of coal, oil and natural gas since the mid-19th century, scientists at World Weather Attribution said Thursday in a flash study that is too new to be peer-reviewed. One of the key tools in WWA's more than 60 past reports has been creating computer simulations that compare an actual weather event to a fictional world without climate change, but in the Dubai case there wasn’t enough data for those simulations to make such a calculation.
Higher repair costs also weighed on the company's overall fleet maintenance expenses. Excluding items, Hertz reported a loss of $1.28 per share, well above Wall Street's expectations of a loss of 44 cents per share. Both Hertz and Avis have lost about half of their market value this year.
French singer Kendji Girac, who was seriously injured by a gunshot this week, wanted to "fake" his suicide to scare his partner, who was threatening to leave him, prosecutors said Thursday.On Thursday, regional prosecutor Olivier Janson said, citing the singer, that he wanted to "fake" his suicide to scare his girlfriend, who was threatening to leave him.
U.S. Secretary of State Antony Blinken has put on a friendly face during his visit to Shanghai, but the Washington-Beijing relationship remains broken.
Some Hamas officials are signaling that the militant group could give up armed struggle against Israel if the Palestinians get an independent state in territories captured by Israel in the 1967 war.