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How Benjamin Franklin laid groundwork for the US dollar by foiling early counterfeiters
How Benjamin Franklin laid groundwork for the US dollar by foiling early counterfeiters
Benjamin Franklin, the colonial inventor, publisher, diplomat and U.S. founding father, was so busy that it's easy to lose track of his accomplishments
2023-07-18 03:16
How to Cancel Purchases in Fortnite
How to Cancel Purchases in Fortnite
Epic Games has changed the way purchases work in Fortnite, extending the purchase cancellation window.
1970-01-01 08:00
Top five players in MLS' 2023 22 under 22 - ranked
Top five players in MLS' 2023 22 under 22 - ranked
Ranking the top five players from MLS' 2023 22 under 22 list.
2023-10-13 07:15
Yellen heads to China as US seeks to stabilize ties
Yellen heads to China as US seeks to stabilize ties
US Treasury Secretary Janet Yellen is due to arrive in Beijing on Thursday, kicking off a high-level visit aimed at improving communication and stabilizing the tense relationship...
2023-07-06 09:40
Despite downward revision of 306,000 jobs, the US labor market is still hot
Despite downward revision of 306,000 jobs, the US labor market is still hot
US job growth during much of the past year was weaker than previously projected by about 300,000 jobs, according to new federal data released Wednesday.
2023-08-23 23:32
PCMag Editorial Team
PCMag Editorial Team
Editor-in-Chief Wendy Sheehan Donnell REVIEWS & TECHNOLOGY BUYING ADVICE PC Labs Director/Executive Editor John Burek
2023-09-05 21:13
Rights group sues over Biden rule curbing asylum at U.S.-Mexico border
Rights group sues over Biden rule curbing asylum at U.S.-Mexico border
By Ted Hesson WASHINGTON Immigration advocates represented by the American Civil Liberties Union (ACLU) filed a legal challenge
1970-01-01 08:00
US economy adds 209,000 jobs, unemployment rate stays the same
US economy adds 209,000 jobs, unemployment rate stays the same
The US economy added 209,000 jobs in the month of June, far lower than expectations, though wage growth remained resilient, the Bureau of Labor Statistics reported. The number comes a day after ADP said that the economy added 497,000 jobs last month, far higher than the actual number reported by the US government. In addition, the BLS revised the jobs report from April from 294,000 jobs added down to 217,000 jobs and 339,000 jobs added in May down to 306,000 jobs. The unemployment rate ticked down from 3.7 per cent in May to 3.6 per cent in June. At the same time, hourly earnings remained robust, increasing 0.4 per cent in June and 4.4 per cent in the past 12 months. Unemployment for white people ticked down slightly from 3.3 per cent in May to 3.1 per cent in June. But jobless rates for other major groups including adult men, adult women, teenagers, Black, Asian and Hispanic workers remained unchanged. President Joe Biden, who has in recent days been touting his economic record with a series of appearances across the US, said in a statement that the continued job growth represents “Bidenomics in action” and pointed out that the 13.2 million jobs added to the US economy since the start of his term is more than any president has overseen in a full four-year term. “The unemployment rate has now remained below 4 percent for 17 months in a row—the longest stretch since the 1960s. The share of working-age Americans who have jobs is at the highest level in over 20 years. Inflation has come down by more than half. We are seeing stable and steady growth,” he said. “That’s Bidenomics—growing the economy by creating jobs, lowering costs for hardworking families, and making smart investments in America”. The news comes despite the fact that the Federal Reserve paused raising interest rates last month after it had consistently done so to cool down a hot labour market as a way to ease inflation. Increased jobs typically coincide with higher inflation given that employed consumers have more demand in the economy. Employment in government led the job increases, adding 60,000 jobs during June followed by health care, which added 41,000 jobs and social assistance, which added 24,000 jobs. But retail trade employment shed 11,000 jobs, while building material and garden equipment and supplies dealers lost 10,000 jobs. Furniture, home furnishings, electronics, and appliance retailers lost 5,000 jobs. The decidedly mixed jobs report comes as Mr Biden has attempted to tout his economic record, adopting the term “Bidenomics” to describe his policies such as the bipartisan infrastructure bill and the Inflation Reduction Act, which passed last year. On Thursday, he visited South Carolina to talk about his record and tout the fact that the United States attracted almost half a billion dollar private investment in manufacturing. “It’s historic, and it’s Bidenomics in action,” he said. “Instead of exporting jobs to cheaper labor costs -- what we did for decades -- we’re creating jobs here and exporting American product.” Read More Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’ Watch: Antony Blinken visits China for high-stakes meeting after ‘spy balloon’ Biden administration says judge's social media order could cause 'grave harm' Trump’s ex-press sec’y says there’s ‘no way’ White House cocaine is Hunter Biden’s NATO leaders set to offer Ukraine major support package but membership is off the table for now The US will provide cluster munitions to Ukraine as part of a new military aid package: AP sources
2023-07-07 22:30
The Diamond World Takes Radical Steps to Stop a Pricing Plunge
The Diamond World Takes Radical Steps to Stop a Pricing Plunge
When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they
2023-11-11 21:00
'The View' host Ana Navarro promotes DC's 'Blue Beetle' amid WGA strike, asks fans to 'support diversity'
'The View' host Ana Navarro promotes DC's 'Blue Beetle' amid WGA strike, asks fans to 'support diversity'
Ana Navarro praised DC's action film 'Blue Beetle' and claimed Hollywood is going through a 'tough time'
2023-08-14 09:36
Mexico braces for 'extremely dangerous' Hurricane Otis
Mexico braces for 'extremely dangerous' Hurricane Otis
US meteorologists warn of a "potentially catastrophic" storm Otis when it makes landfall in southern Mexico.
2023-10-25 09:31
Salt Lake City bank tower evacuated as bomb squad examines 'suspicious' object
Salt Lake City bank tower evacuated as bomb squad examines 'suspicious' object
Officials evacuated a high-rise bank building in downtown Salt Lake City on Monday as investigators from the local
2023-09-26 05:07