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U.S. NATIONAL LABOR RELATIONS
US strike on vessel in Caribbean Sea kills 2, leaves 6 survivorsThe U.S. military conducted another strike on a suspected drug boat in the eastern Pacific, resulting in two deaths and six survivors. This...
Gold rebounds from one-week low as Iran cites progress in peace talksGold prices surged over 1% as easing U.S.-Iran tensions and falling crude oil prices reduced inflation and interest rate hike fears. While ...
Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
Meta lobbies Congress for protection from child-harm lawsuitsIf adopted by lawmakers and passed into law as part of the Kids Online Safety Act (KOSA) under consideration in the U.S. Senate, such a pro...
Vance delays trip to Switzerland to lead new US talks with Iran on its nuclear programVice President JD Vance's trip to Switzerland for Iran nuclear talks is delayed. This follows reports of Iran postponing its delegation's t...
Federal regulators back Trump's plan to speed power to energy-hungry AI data centersFederal regulators are speeding up power grid connections for big energy users like AI data centers. This move aims to boost America's comp...
US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...
US Stock Market: Analysts see inflation driving Fed's hawkish shift under WarshThe Federal Reserve held interest rates steady, signaling potential future hikes due to persistent inflation concerns. Policymakers' update...
Taiwan's Lai says defending democracy is not a provocation against ChinaTaiwan's President Lai Ching-te asserts that defending the island's security and freedom from Chinese Communist Party rule is not provocati...
Gold falls 1% after Fed holds rates steady, signals rate hike this yearGold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later...
As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
Anthropic to meet with US officials over export curbsThe administration ordered Anthropic to block any foreign nationals, whether inside or outside the U.S., from using its latest models, Fabl...
Iran-U. S war, Strait of Hormuz reopen deal between Tehran and Washington: Is the conflict finally ending?Iran’s nuclear program has been a key point of division. The U.S. and Israel fear it could lead to an atomic weapon — a main reason their l...
US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...
US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
Bitcoin trades below $63,000 despite softer inflation concerns after US CPI dataBitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movements, with some gaining up to 3% w...
US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
Stock-pay boom amplifies US economic drumbeat: Mike DolanRising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensat...