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.
General Motors will temporarily shut down eight of its 15 North American assembly plants for a week starting Monday because of a worsening global microchip shortage, according to ABC News.
In the course of hectoring the United States for its “bungled and embarrassing withdraw from Afghanistan” on Thursday, China’s state-run Global Times admitted Beijing has a rapacious interest in Afghanistan’s vast rare-earths mineral resources and snarled it was none of America’s business if China makes deals with the Taliban to get what it wants.
On September 1, Texas will become the first state to make buying sex from prostitutes a felony. This is a shift away from blaming the prostitutes and putting the focus on “johns” in an attempt to mitigate human trafficking. The law makes the crime a state jail felony.
The Biden administration is escalating its feud with Florida Gov. Ron DeSantis, a Republican, by offering federal financial support to school districts in the Sunshine State that openly defy the governor’s ban on mask mandates.