Economy

He said some of the slowdown came as some employers had trouble finding workers with the right skills. The report also showed average hourly earnings rose 0.2% in May, keeping the year-ago pace of wage growth at 2.5%. The U-6 rate is defined as all unemployed, "plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force".
  • Pakistan Claims Killing Five Indian Soldiers in Retaliatory Attack

    Pakistan Claims Killing Five Indian Soldiers in Retaliatory Attack

    Economy

    The Pakistani military said on Saturday its troops had killed five Indian soldiers in retaliation to Indian firing along the Line of Control in disputed Kashmir. The Indian Army said there has been "no casualty" on the Indian side, "except to one woman yesterday (Friday)". However, Pakistan maintains that India has been attempting to divert the world's attention away from atrocities committed by government forces in India-held Kashmir (IHK).
  • British Airways disruption continues for third day

    Economy

    This morning, the airline said: "Our IT systems are now back up and running and we will be operating a full flight schedule at Heathrow and Gatwick". The British airline cited a power supply issue as the reason behind the IT system malfunction, and not the professionals working on it. Thousands of bags remain at Heathrow Airport, but BA has advised passengers not to return to collect them, saying they will be couriered to customers.
  • Yale considering joining group committed to Paris climate accord

    Economy

    The foundation will provide the $15 million commitment the United Nations climate change secretariat will lose from Washington to ensure there is no disruption in their work, he said. Supporters of President Donald Trump will gather in front of the White House in a show of solidarity this weekend. "When you look at his advisors and associates he has ranging from extremist Brietbart media types to nations like Syria and Nicaragua, then we have to question every decision this president ...
  • ITV plc (ITV) Given Hold Rating at Berenberg Bank

    Economy

    Synovus Financial Corporation accumulated 65 shares. Its up 0.56% from 761,800 shares previously. Fifth Third Savings Bank holds 0.06% or 148,312 shares in its portfolio. GBX 396.77's average target is 2.68% above currents GBX 386.4 stock price. Grainger had 73 analyst reports since July 21, 2015 according to SRatingsIntel.
  • Hillary Out Again to Whine, Point Fingers, Blame the World

    Economy

    She said she was certain that Trump aides assisted the Russians because the Russians could not have known by themselves how to use information to turn voters against her. She then went on to name and analyze a list of people and factors that led to her defeat last November, from ex-FBI Director James Comey to Vladimir Putin.
  • Massachusetts Joins US Climate Alliance After Trump Pull Out of Paris Accord

    Massachusetts Joins US Climate Alliance After Trump Pull Out of Paris Accord

    Economy

    A spokesman for President Vladimir Putin said Russian Federation "thinks highly" of the accords and sees no alternative to it. But he added that its implementation will not be as effective "without the key signatories". In a tweet, Trump said an announcement would come in the "next few days", ratcheting up the tension over what could be one of the biggest decisions of his presidency.
  • Macron Urges Putin To Aid Gay Men In Chechnya

    Economy

    Russian President Vladimir Putin has rejected allegations that Moscow meddled in France's presidential election. The recent meeting between French President Emmanuel Macron and Russian President Vladimir Putin is an indicator of France's transition away from the "degraded" bilateral relations established during the presidency of Francois Hollande and is a step in the right direction toward the creation of a much-needed alliance with Moscow, Jean-Luc Schaffhauser, a member of the European ...
  • German rock concert to resume after terrorism alert - organisers

    Economy

    An 80,000-person rock festival at the Nürburgring race track in Nürburg, Germany was evacuated Friday evening, moments before headliner Rammstein took the stage. In a Facebook statement, organisers say: "This is the news we all have been waiting for". "Because of the last attack on a concert in Manchester, the security concept for Rock am Ring was modified in advance and the number of security officers was significantly increased to around 1,200", Koblenz police said.
  • False! Trump Claims Paris Deal Would Only Make 'Tiny' Difference

    Economy

    European Council President Donald Tusk said Friday that Europe's strong ties with the US will outweigh President Trump's "big mistake" of withdrawing from the Paris climate change agreement on Thursday, Washington Examiner writes.Tusk discussed Trump's decision after a two-day summit with Chinese officials in Brussels , during which the Paris deal was high on the agenda.
  • Trump may block Comey testimony

    Trump may block Comey testimony

    Economy

    Trump allegedly asked Comey for his loyalty and encouraged him to ease off an investigation into his former national security adviser Michael Flynn, according to a memo prepared by Comey and the former FBI director's associates. But Trump has addressed his conversations with Comey publicly in interviews and tweets, including one where he threatened the ousted Federal Bureau of Investigation director.
  • Jobs miss big, unemployment rate falls to 16-year low

    Economy

    The economy added 138,000 non-farm jobs, which disappointed analysts who predicted about 185,000 jobs would be produced. The unemployment rate, which is calculated from a different survey, fell from 4.4% to 4.3%, lowest since May 2003, the Labor Department said Friday.