List of All Articles with Tag 'ame'

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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

The Atlanta Braves' infield certainly made baseball very fun this week, while the Los Angeles Angels have lost their heads and have no place to hang their halos no more, bruh!Making sense of all the nonsense baseball gave us this week through pop culture references!It's hot as s**t...

Hailee Steinfeld and Josh Allen are dating, Corbin Carroll has a shoulder injury, Dejounte Murray got an extension from the Hawks and more in the Roundup.

Karen Allen was disappointed not to have a more significant role in 'Indiana Jones and the Dial of Destiny'.

The team investigating Donald Trump led by special counsel Jack Smith has indicated their ongoing attention is on a 2020 Oval Office meeting during the last days of his administration, it has been reported. According to CNN, investigators have questioned multiple witnesses about the bizarre Oval Office meeting which involved former Trump lawyer Sidney Powell, former national security adviser Michael Flynn, and former Overstock CEO Patrick Byrne. The investigation has been ongoing for several months. Nearly a month after Donald Trump was arraigned on the 38-count federal indictment that he and his longtime aide Walt Nauta are facing for allegedly unlawfully retaining national defence information and obstructing justice, the ex-president’s co-defendant has pleaded not guilty to charges of having assisted Mr Trump in concealing classified documents from the government. Mr Nauta, a retired Navy chief petty officer who served as Mr Trump’s White House valet before following him to Florida after the end of the Trump administration, is on his own charged with a single count of making a false statement to federal investigators. Surveillance footage from the Mar-a-Lago estate, allegedly showed that dozens of boxes were moved in the days before investigators from the Department of Justice visited to retrieve records. Read More Special counsel zeroing in on ‘unhinged’ Oval Office meeting when Trump hosted conspiracy theorists – report DeSantis campaign video crossed a line for gay right-wing pundits despite governor’s record on LGBT+ rights Turnout spiked among younger voters in the last three elections. This is what’s needed for that to be repeated in 2024 Prosecutors knew Trump was hiding more documents thanks to Mar-a-Lago CCTV tapes

Overlapping claims in the South China Sea threaten to turn the region into a flashpoint of global concern.

Gandhi was disqualified as a lawmaker after being sentenced to two years in jail. His arrest has been

Daryl Morey has a history of playing hardball. Will the James Harden saga playing out with the Philadelphia 76ers be any different?Almost a week ago, Philadelphia 76ers guard James Harden opted in to his contract with the team and formally requested a trade heading into the 2023-24 season.Si...

The Tar Heels are luring over some of the nation's top talents to redeem themselves from last year's dud of a season. Their latest acquisition: West Virginia's James Okonkwo.Two weeks before James Okonkwo was supposed to visit UNC, he announced his decision: he was transferring to...

Mark Zuckerberg is being criticised by some for perceived hypocrisy, after the Facebook co-founder posted a 4th of July photo of his family but obscured the faces of his daughters. To celebrate Independence Day, the tech billionaire posted on one of the tech platforms he oversees, Instagram, sharing a photo of himself, his wife Priscilla Chan, and their three daughters, Aurelia, Maxima, and August. “Happy July 4th!” the caption on the post reads. “Lots to be grateful for this year. As the big girls get older, I love talking to them about why America is so great. Looking forward to discussing with little Aurelia soon too.” The post was met with mixed reactions, with some arguing it was hypocritical for Zuckerberg to seek to protect the privacy of his children, when Facebook and Instagram have been accused of violating people’s privacy in the past. One of the top comments on the photo came from an Instagram user who argued, “Even Zuck doesn’t trust his platforms to put his kids faces up.” Many agreed. As Shanon Palus wrote in Slate, “I almost feel some schadenfreude imagining Zuckerberg also agonizing over being public or private on social media. After all, he got us into this mess!” “Fascinated by Zuck’s choice to not have his kids’ faces on his social media platform,” added Bloomberg reporter Reyhan Harmanci in a post on Twitter. Zuckerberg companies have faced multiple high-profile settlements surrounding privacy in recent months. In May, the Federal Trade Commission accused Facebook of violating a 2020 order and misleading parents about their ability to control whom their children communicated with on the Messenger Kids app, as well as misrepresenting what kind of access developers had to private user data. “Facebook has repeatedly violated its privacy promises,” Samuel Levine, director of the FTC’s Bureau of Consumer Protection, told The Associated Press at the time. “The company’s recklessness has put young users at risk, and Facebook needs to answer for its failures.” Meta has said the FTC is incorrect and it will “vigorously fight” the allegations. That same month, the European Union fined Meta $1.3bn for transferring user data to the US, which the body said didn’t sufficiently protect users from US spy agencies. Meta has said it will appeal the fine. In 2022, the company paid $725m to settle a lawsuit alleging Facebook allowed millions of users’ personal data to be fed without consent to Cambridge Analytica, a firm which supported Donald Trump’s 2016 presidential campaign. Prior to that, the FTC fined the company $5bn for privacy violations and mishandling user data. The Independent has contacted Meta for comment. Read More Twitter threatens legal action against Meta over new ‘Threads’ app Mark Zuckerberg trolls Elon Musk by posting Spider-Man meme on Twitter after launching rival Threads What is Threads? All your questions about Meta's new Twitter rival, answered. Twitter threatens legal action against Meta over new ‘Threads’ app What is Threads? All your questions about Meta's new Twitter rival, answered. Mark Zuckerberg trolls Elon Musk with Spider-Man meme after launching Twitter rival

Greece’s conservative government promised late Thursday to continue a multi-billion euro defense modernization program during its second term in office, setting its sights on acquiring F-35 fighter jets in five years. “Our priority is to safeguard the country,” Prime Minister Kyriakos Mitsotakis told parliament at the start of a debate to approve a new government after his conservative New Democracy party won a general election last month. Athens is acquiring 24 advanced French-built Rafale jets, and upgrading 58 F-16 fighters from its aging fleet. It wants to add 20 F-35s with an option to buy as many as 28 more at a later date – requests that still require final approval from the Unites States. Greece has long-standing disputes with neighbor and fellow-NATO member Turkey and is modernizing its military after emerging from a severe financial crisis in 2018. It currently has the largest defense budget in the alliance relative to the size of its economy, at 3.54% of gross domestic product in 2022, according to NATO’s annual report published in March. It is one of seven members that spends above the 2% NATO guideline, along with the United States, Lithuania, Poland, the United Kingdom, Estonia and Latvia. Mitsotakis said the high spending on defense would continue despite a welcome thaw in tension with Turkey in recent months. He is due to meet with Turkish President Recep Tayyip Erdogan next week on the sidelines of a NATO summit in Lithuania. Concluding a three-day debate, the Greek parliament will hold a vote of confidence Saturday, to back the new Mitsotakis government. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide