Aug 05 Watch 5:47 Hiring surged in July as U.S. economy exceeds expectations despite inflation, rate hikes By John Yang The U.S. has now regained all the jobs it lost during the COVID pandemic, in spite of concerns about rising inflation and a possible recession. Employers added 528,000 jobs last month, more than double what economists predicted. Meanwhile, unemployment fell… Continue watching
Aug 05 U.S. employers added 528,000 jobs, and unemployment falls to 3.5 percent By Paul Wiseman, Associated Press Most economists believe the strong jobs market has kept the economy from slipping into a downturn. Continue reading
Aug 05 With recession anxiety growing, hiring may be cooling off By Paul Wiseman, Associated Press The unemployment rate is expected to remain at 3.6% — just off a 50-year low — for the fifth consecutive month. Continue reading
Aug 04 In surprise vote, Senate to overturn Biden environmental rule By Matthew Daly, Associated Press Manchin, a key player on energy and climate issues and a swing vote in the closely divided Senate, joined with Republicans to support the measure, which was approved 50-47. Continue reading
Aug 04 Watch 5:42 News Wrap: Biden administration declares monkeypox a public health emergency In our news wrap Thursday, the Biden administration declared a public health emergency over monkeypox as the number of U.S. cases passed 6,600, President Biden tests positive for COVID for a sixth consecutive day, China retaliates in a dispute over… Continue watching
Aug 04 Watch 8:00 'TeamSeas' uses YouTube to tackle the global plastic problem By Paul Solman Social media can certainly motivate people for good and otherwise. Calls to action to clean up the oceans, rivers, and beaches have galvanized volunteers and gone viral. But given the magnitude of the problem, how should we assess the impact?… Continue watching
Aug 04 More than 700 Amazon workers at UK warehouse stop work to protest pay By Associated Press It's the latest sign of workplace friction stoked by Britain's cost of living crisis and the growing discontent among Amazon's warehouse workers over wage and working conditions. Continue reading
Aug 04 Bank of England predicts UK recession at the end of the year By Danica Kirka, Associated Press The central bank forecasts that the war in Ukraine will fuel further inflation and tip the U.K. economy into a prolonged recession. Continue reading
Aug 04 WATCH: Senate Democrats hold news conference on climate and tax bill By Associated Press Democrats say the Inflation Reduction Act of 2022 will invest approximately $300 billion in deficit reduction and $369 billion in energy and climate change programs over the next ten years. Continue reading
Aug 03 Watch 5:19 News Wrap: Indiana Rep. Jackie Walorski, aides killed in a car crash In our news wrap Wednesday, Republican Rep. Jackie Walorski of Indiana was killed in a car crash along with two young aides, President Biden signed an executive order to help women who cross state lines for abortions, the U.S. began… Continue watching