Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest rate cut later this month. Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report…
The Department of Homeland Security asked the Pentagon to accommodate roughly 250 federal agents and 140 vehicles at a military base in Illinois ahead of an expected increase in immigration roundups in the Chicago area, according to an internal government memo obtained by CBS News. In a request for assistance to the Department of Defense,…
Following is a summary of current US domestic news briefs. Fed nominee Miran tells Senate panel he’s ‘not at all’ Trump’s puppet Stephen Miran, President Donald Trump’s pick to fill an open seat at the Federal Reserve, on Thursday parried dozens of questions from lawmakers about whether he will make interest-rate decisions independently of…
Angela Rayner, who resigned as deputy leader of the British government on Friday, was a rare working class champion in a country long dominated by a government disproportionally educated at private schools and Oxford and Cambridge universities. Rayner, 45, is a former care worker who had a baby at the age of 16 and left…
With September officially here, you’re probably just as excited for fall as we are. Which means you’re already on the hunt for fall fashion fits (obvi). Lucky for you, Rebecca Minkoff just low-key dropped the fall fashion collection of our dreams. And yes, it’s actually affordable. The new RM Studio x Rebecca Minkoff line is…
President Trump on Friday bemoaned India and Russia’s deepening ties to China — just days after the world leaders cozied up to each other in Beijing for a military parade. “Looks like we’ve lost India and Russia to deepest, darkest, China,” Trump snarked on Truth Social as he shared an image of Chinese President Xi…
A new study looks into how cruciferous vegetables like broccoli and cauliflower may lower colon cancer risk. Daily consumption of the vegetable type could lower risk by 20%, according to the findings. Below, experts explain how. We’re encouraged to eat our vegetables for good reason—because they contain gut-loving fiber and health protective antioxidants. And now,…
(CNN) — Elon Musk, already the world’s richest person, could become the first trillionaire after the Tesla board unveiled a massive new pay package for its CEO to keep his focus on the troubled EV maker. The package would grant him additional shares of Tesla stock if the company is able to grow far beyond…
Stock futures are mostly inching higher in premarket trading as investors prepare for the release of a key jobs report today. The jobs report is expected to show relatively slow job growth in August. Tesla (TSLA) is proposing a new compensation plan for CEO Elon Musk that would give him more voting power and large…
Employers across the U.S. added 22,000 jobs in August, falling short of economists’ muted expectations and signaling the labor market is facing sharp headwinds from mounting economic uncertainty amid the Trump administration’s wide-ranging tariffs. The numbers Economists had forecast payroll gains of 80,000 last month, according to a poll by FactSet. The unemployment rate rose…