Chinese exercises around Taiwan, which were due to stop on Sunday, will continue for a long time. With this unpredictable move, China continues to exert pressure on the independent island off the coast. Beijing has targeted potential US military aid to Taiwan with recent drills. Chinese military officials announced drills Monday morning targeting submarine and […]
Unexpectedly many new jobs in America
The US added 528,000 jobs in July. As a result, the labor market in the world’s largest economy grew much faster than in the previous month. The strong job growth came as a surprise, as experts had expected a less sharp increase due to higher inflation and interest rate hikes. Economists polled by Bloomberg News […]
After 246 years, a black officer holds the highest rank in the US Navy
General Michael E. Langley claims to be the first black to rise to the highest rank in the Navy The New York Times. The American newspaper called his appointment “one for the history books”. A sentimental ceremony Langley received her fourth star at an emotional ceremony last weekend. The 60-year-old Marine is one of three […]
Trump has again said about the US presidential election to be held in 2024
Donald Trump. Photo: AFP / Sergio Flores It seems that former US President Donald Trump will contest the presidential election again in 2024. In a speech at a conservative gathering, he hinted at participating again. It’s no secret that the former president wants to be president of the United States again in 2024. “We’re going […]
A US billion investment in climate is one step closer
International•Aug 7 ’22 at 12:59 PMAuthor of the book: AP A major investment in the U.S. economy is another step closer to combating climate change and reducing the effects of inflation. All 50 Democratic senators approved a bill on Saturday local time. The Senate can now debate several hundred billion investments. Vice President Kamala Harris […]
America’s biggest investment in climate is one step closer
A major investment in the U.S. economy is another step closer to combating climate change and reducing the effects of inflation. All 50 Democratic senators approved the bill on Saturday (local time). This means the Senate can now debate several hundreds of billions of dollars worth of investments. As expected, all 50 Republican senators voted […]
Mixed lock on Wall Street after strong US jobs report
Stock markets in New York showed a mixed picture at the end of the trading day on Friday. Investors on Wall Street were mainly focused on the US government jobs report. Job growth in the US is very important to the Federal Reserve’s interest rate policy. A strong labor market gives the U.S. Federal Reserve […]
Wall Street opens lower on strong US job growth
Finance•5 Aug ’22 at 16:35Author of the book: AP Stock markets in New York opened with losses on Friday. Investors on Wall Street reacted to the US government jobs report. According to the report, 528,000 new jobs were created in the world’s largest economy in July. That’s more than economists expected. epa10105823 04 August 2022 […]
Unexpectedly many new jobs in America
Economists polled by Bloomberg News expect an average of 250,000 new jobs in July. In June, 398,000 new jobs were added. It’s a sign that employers are still interested in employees. According to the US Bureau of Labor Statistics, the unemployment rate is now 3.5 percent. That means unemployment has fallen again in February 2020, […]
Wall Street opens lower on strong US job growth
Shortly after the opening, the Dow-Jones index was down 0.5 percent at 32,578. The broader S&P 500 fell 0.6 percent to 4,126 points, while the tech benchmark Nasdaq lost 0.9 percent to 12,607 points. Apple fell 0.8 percent. According to Japanese business newspaper Nikkei, the iPhone maker has asked its suppliers to comply with Chinese […]