Us Economic Growth Slows to 16
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Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.The New York Times - Business -
The Economic Slowdown Is Finally Here. Welcome It.
The services sector has cooled as consumers have pulled back, putting rate cuts back on the table.The Wall Street Journal - World -
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.
Job growth slowed as employers added a seasonally adjusted 175,000 jobs in April, and unemployment ticked up to 3.9%, marking a break from a string of data showing surprising strength in the labor market.The Wall Street Journal - World -
Biden economic advisor on April jobs data
U.S. job growth cooled in April, according to new data by the Department of Labor. Jared Berstein, the chair of the United States Council of Economic Advisers, joins CBS News with his outlook on the new numbers.CBS News - Top stories - Joe Biden -
Boys detained for zombie-knife killing of teen, 16
Mikey Roynon was stabbed at a house party in Bath where he was celebrating a girl's 16th birthday.BBC News - Top stories -
US adds 175,000 April jobs as hiring slows and unemployment stays steady
April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong. Hiring in the US slowed in April with the workforce adding another 175,000 jobs and wage growth slowing.. The news cheered ...The Guardian - World -
Dell XPS 14 and 16 Review: Not Quite a MacBook Pro
The Dell XPS 14 and 16 are both speedy, beautiful machines that are just a little too expensive for what you get.Wired - Tech -
16-year-old youngest to make Tour cut in 11 years
Kris Kim, a 16-year-old English amateur playing on a sponsor exemption at the CJ Cup Byron Nelson, became the youngest player in 11 years to make the cut in a PGA Tour event.ESPN - Sports -
Reese, Cardoso debuts spark popular livestream
The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media livestream from a fan who stepped in when the league's app couldn't broadcast the game.ESPN - Sports -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Sen. Mike Braun’s economic ties to China didn’t matter in 2018. Why is it contentious now?
The politics surrounding China have shifted dramatically in deep-red Indiana.Politico - Politics - China -
Flight Centre's Top Executive Sees Growth Without Major M&A
Flight Centre’s top executive says the Australia-based travel company is well-positioned to grow without more major deals, though smaller acquisitions are still possible in specialized areas.The Wall Street Journal - World -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - World -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - Business -
Warren Buffett says AI scamming will be the next big 'growth industry'
Artificial intelligence has both "enormous potential for good and enormous potential for harm," the investing guru said during Berkshire's annual meeting.CNBC - Business -
Experimental F-16 fighter jet takes Air Force secretary on a history-making flight controlled by AI, not a human pilot
Experimental F-16 fighter jet takes Air Force secretary on a history-making flight controlled by AI, not a human pilotABC News - Tech -
Same job, $16 less per hour: Frustrated job hunters can’t find roles that pay as well as their old ones
The latest jobs report shows the labor market is still strong, but some workers say they’ve been forced to take jobs that pay almost half what they earned before.MarketWatch - Business -
Kris Kim, 16, becomes youngest golfer to make PGA Tour cut in 11 years
Kim makes crucial birdie at last in CJ Cup Byron NelsonEnglish teenager is son of former LGPA player Ji-Hyuh SuhEnglish teenager Kris Kim became the youngest player to make the cut on the PGA Tour in 11 years after a birdie at the last saw him get ...The Guardian - World - Golf -
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.CNBC - Business -
U.S. labor market slows in April
The U.S. job market appears to have slowed last month. 175,000 jobs were added in April, falling short of expectations, while the unemployment rate came in at 3.9%. CBS News business analyst Jill Schlesinger has more.CBS News - Top stories -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
April Jobs Report Shows Slowing But Still Steady Hiring Pace
The Labor Department said employers added 175,000 jobs last month, a dip from March but another consecutive month that adds to the longest period of unemployment under 4 percent since the 1960s.Inc. - Business