Day: September 2, 2023

Biden says U.S. is in one of ‘the strongest job-creating periods’ after jobs report

WASHINGTON — President Joe Biden touted the jobs report released Friday that showed employment growth in August, saying that the U.S. was in one of “the strongest job creating periods in our history.” The Bureau of Labor Statistics report said the economy added 187,000 jobs last month, up from an increase of 157,000 jobs in July.…

Workers stage Japan’s first strike in decades to protest department store sale to U.S. fund

Workers at a major Tokyo department store went on strike on Thursday after talks with management over the planned sale of their company broke down, marking the first major walk-out the country has seen in decades. Some 900 workers at the flagship Seibu store in the bustling district of Ikebukuro are protesting the sale of Sogo &…

China: A slowdown sends tremors worldwide

The smartest insight and analysis, from all perspectives, rounded up from around the web: The world’s economic engine is sputter­ing, said The Economist. When China abandoned its draconian zero­ Covid con­trols last year, the expectation was that it “would stage a rapid recovery, even as other countries courted recession.” In fact, China’s economic growth has…

Who is Arizona Attorney General Kris Mayes?

Could Arizona Attorney General Kris Mayes soon take center stage in another criminal case involving former President Donald Trump? Mayes’ office is reportedly investigating an alleged “fake elector” scheme to support Trump in 2020, sparking speculation that her state could become the latest to bring charges against the former president’s inner circle. So who is…