Friday’s lackluster non-farm payrolls report, which showed American employers adding far fewer jobs in August than expected, is likely to cool enthusiasm among Federal Reserve policymakers for a quick roll-back of stimulus, some experts believe.
The U.S. economy added 235,000 jobs in August and the unemployment rate dipped to 5.2 percent, the Labor Department said in its monthly labor assessment Friday.
The Defender’s Big Brother NewsWatch brings you the latest headlines related to governments’ abuse of power, including attacks on democracy, civil liberties and use of mass surveillance.
The U.S. Treasury Department said the sale of Magnachip Semiconductor Corp. to a Chinese private equity firm poses “risks to national security,” as Chinese investments in critical technologies meet with enhanced U.S. scrutiny.
COVID-19 vaccines’ ability to keep people out of the hospital is waning, albeit slightly, said the U.S. Centers for Disease Control and Prevention (CDC) on Monday during an advisory panel meeting.
The nation has “turned sharply” against President Joe Biden’s handling of the withdrawal from Afghanistan and fears his mistakes will leave hundreds of Americans behind.
An unclassified U.S. intelligence report summarized for the public on Aug. 27 makes clear that the first cases of COVID-19 were at least as early as Nov. 19, 2019, and that the first cluster of cases occurred at least by December 2019 in Wuhan.
