Layoffs across the U.S. fell last month to their lowest level in four years, new labor data shows, a sign the job market remains resilient even as hiring slows. Employers announced 52,881 job cuts in August, down 38% from the 85,979 layoffs announced during the same month a year ago, according to a report from…
Long lines formed at gas stations in Tehran Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission. Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate militarily, with peace talks stalled and most traffic through the crucial Strait of…
The father of a sailor aboard the USS Abraham Lincoln said he’s worried for his son and the rest of the ship’s crew as the aircraft carrier’s deployment to the Middle East stretches on. The ship has been at sea for nine months, much longer than the typical deployment of six months. Combat aircraft have…
3m ago UAE says Iran attacked two vessels in Strait of Hormuz The United Arab Emirates on Friday blamed Iran for attacks on two vessels linked to its state-owned oil company as they passed through the Strait of Hormuz a day earlier. Iran has imposed an effective blockade of the strait, frequently attacking commercial…
Pakistan’s civilian and military leadership has stressed the need for unity and reforms as the nation celebrates 79 years of independence today. According to state-run Radio Pakistan, the day dawned with a 31-gun salute in Islamabad and a 21-gun salute at the provincial headquarters. A change of guards ceremony was also held at the mausoleum…
Astronomers announced Wednesday they had discovered a new type of astronomical object called a “black hole star,” potentially solving a mystery involving strange red dots spotted in the early universe. The object looks like a star the size of our solar system, but produces 100 billion times more energy than any star — a mighty…
Layoffs across the U.S. in July fell to their lowest level in two years, new data shows, a sign that the labor market remains resilient despite the impact of inflation driven by the Iran war and artificial intelligence. Employers announced 33,429 job cuts in July, down 46% from a year ago, according to outplacement firm…
The military and civilian leadership on Wednesday said just and lasting peace in South Asia was closely linked to the peaceful resolution of the Kashmir dispute as the country marked Youm-i-Istehsal (Exploitation Day) to mark the anniversary of India revoking the occupied region’s special autonomy in 2019. President Asif Ali Zardari said that Youm-i-Istehsal was…
U.S. Rep. John James, endorsed by President Trump, is projected to be the winner of Tuesday’s Republican gubernatorial primary race in Michigan, according to CBS News. As of 10:47 p.m., unofficial results showed that James was leading with 155,109 votes to businessman Perry Johnson‘s 111,942. James will go head-to-head against Michigan Secretary of State Jocelyn Benson, who…
JPMorgan Chase said on Monday it will invest $750 billion through 2035 to boost the U.S. housing supply, including financing for 1 million affordable housing units and assisting 500,000 people in buying homes. The investment is part of JPMorgan Chase’s American Dream Initiative, announced in March to boost economic mobility at a time when many…
