Labor market stays red-hot, adding 528,000 jobs
Shattering expectations as recession fears grow, the U.S. economy added a whopping 528,000 jobs in July while the unemployment rate dropped to 3.5%.
Booming jobs data doesn’t lift Wall Street, which remains worried about Fed
Markets took a breather after last week’s rally, with investors worried the red-hot jobs data released Friday means the Federal Reserve will remain hawkish on interest rates.
Milwaukee selected to host 2024 Republican National Convention
The chair of the Republican National Committee announced Friday the party had selected Milwaukee to host its 2024 convention, making Wisconsin’s largest city the site of a national party convention for the second time in four years, and for only the second time ever.
Texas jurors award Sandy Hook parents $45.2 million in punitive damages
After nearly five hours of deliberations, a Texas jury on Friday unanimously awarded two Sandy Hook parents $45.2 million in punitive damages against Austin-based conspiracy theorist Alex Jones.
Seventh Circuit ends 50 years of federal oversight of Illinois governor’s office
Fifty years of federal oversight over the Illinois governor's employment policies ended Friday afternoon, in a ruling handed down by the Chicago-based Seventh Circuit.
Bank of England predicts stark recession as rates rise
The United Kingdom’s central bank, the Bank of England, increased the bank rate of interest by 0.5% on Thursday - the highest rate hike in 27 years – while issuing a foreboding forecast for the country’s economy.
Ukraine, already strained by war, braces for Russian southern offensive
After more than five months of war, Ukraine continues to fight hard against Russia's invasion, but there are signs that Kyiv's forces and political leadership are strained by serious problems as the country girds for a brutal winter and the possibility Russia will push to capture more Black Sea territories.
Make Russia Great Again
What Vladimir Putin is doing in Ukraine today bears striking resemblance to what the United States has done for years, under the rubric of the Monroe Doctrine.
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