El Paso Walmart gunman who killed 23 gets multiple life sentences
The attacker may still face the death penalty if convicted for murder charges in state court.
2023-07-08 01:25
Shooter who killed 23 at Texas Walmart gets 90 consecutive life sentences and may still face death penalty
The white gunman who shot and killed 23 people at a Walmart in El Paso, Texas in a racist attack on Hispanic customers has been sentenced to 90 consecutive life sentences for the 2019 massacre. More follows...
2023-07-08 01:24
Mauricio Pochettino relays Mason Mount message in first Chelsea press conference
Mauricio Pochettino gives his thoughts on Mason Mount's move from Chelsea to Man Utd. The 24-year-old recently sealed a move to Old Trafford which could eventually be worth £60m to the Blues.
2023-07-07 22:56
Payrolls Data Showing Solid Wage Growth Keeps Fed on Track to Hike Rates
A solid employment report with stronger-than-expected wage growth for June keeps the Federal Reserve on track to raise
2023-07-07 22:48
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 22:45
DWS' former CEO Woehrmann under investigation in greenwashing probe - source
By Tom Sims and Friederike Heine FRANKFURT (Reuters) -German prosecutors are investigating asset manager DWS's former chief executive Asoka Woehrmann
2023-07-07 22:15
3 NFL special teams players who could be game-changers next season
Across the NFL, there are a handful of special teams players who are slated to make a significant difference on the roster in 2023.Football is often expressed as a strict dichotomy, but it is not a perfect one. Usually, one team must lose for the other to win, but there's the occasional tie...
2023-07-07 21:26
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
2023-07-07 20:57
Hong Kong Relaxes Mortgage Rules to Support Property Sector
The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid
2023-07-07 20:23
China Weighs More Local Bond Sales to Help Pay Risky Hidden Debt
Chinese authorities are weighing plans to support cash-strapped cities and counties by allowing additional local bond issuance to
2023-07-07 19:49
Ukraine Recap: Zelenskiy to Discuss Grain Deal With Erdogan
Ukraine President Volodymyr Zelenskiy is expected to meet President Recep Tayyip Erdogan in Istanbul late on Friday as
2023-07-07 19:20
European Stocks Are Steady Before US Jobs Data; Miners Climb
European shares were little changed on Friday as investors awaited key US jobs data for further clues on
2023-07-07 18:47