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Traders keep bets on June rate hike after jobs report


Despite the headline miss in May, job creation last month was above the three-month average of 121,000 jobs. This implies that there is still room for improvement in the job market. The Atlanta Fed is forecasting GDP increasing at a 4.0 percent pace in the second quarter. Average hourly earnings increased by 4 cents to $26.22, after a 5-cent increase in April. Read More »

USA states, cities and firms unite behind Paris accord

Trump made his claim on June 1 in announcing that the USA would withdraw from the Paris Agreement , which he described as "very unfair" to the United States . The CEO of Disney resigned from the president's business advisory council, alongside Elon Musk, CEO of Tesla and SpaceX. "I think if you take a look at what the president said in his speech, he commented about the fact that there may be a better deal for America", said David J. Read More »

US unemployment rate dropped 4.3% in May


The healthcare industry reported another month of strong job growth in May, outpacing the rest of the economy in hiring. "The retail locations doing well are more boutique, experience-oriented retail that provide more of a rich, contextual shopping experience", Andrew Chamberlain, chief economist at Glassdoor, told CBS News . Read More »

US employers add 138K jobs in May; rate dips to 4.3 percent

Employers across the United States pulled back on hiring in May, adding only 138,000 jobs , the Labor Department said Friday. A key U6 component consists of part-time workers who want-but can not find--full-time positions. Government was also a drag on job creation, with 9,000 fewer positions. Manufacturers let go of 1,000. Employers have added jobs every month since October 2010. Read More »

Oil prices drop amid glut concerns, US withdrawal from climate deal


Tankers loaded 122 million barrels of Iraqi crude at ports in the Persian Gulf and Mediterranean Sea last month, according to vessel-tracking and shipping agent data gathered by Bloomberg. According to Reuters surveys, a drop in output in Angola and Iraq and continued high compliance from Gulf producers Saudi Arabia and Kuwait helped lift OPEC's adherence with the supply cut deal to 95 per cent from 90 per cent in April. Read More »

Reasons Withdrawing From the Paris Agreement is a Terrible Decision


Within the USA , states , governors, cities and industries are committed to creating a low-carbon economy, groups like C40 Cities . Fox, who has clashed with Trump since last year's presidential campaign, said the American leader's decision "condemns this generation and those to come" and would leave "a dark legacy just to satisfy your greediness". Read More »

Majority Believe Republican Health Care Law Fulfills Some of Trump's Promises

One of the most notable differences between how the Affordable Care Act was passed and how Republicans in Congress are attempting to craft a repeal is the difference in how transparent the processes are. "Arizona would be hurt even more than other states because we have a fast-growing population", she said. Meanwhile, 55% of respondents had an unfavorable view of the GOP bill, compared to 42% who felt that way about Obamacare. Read More »

Investors bet Trump climate withdrawal to boost US drilling

Prices came under renewed pressure during European trading with fresh consideration of President Trump's overnight decision to withdraw the U.S. from the 2015 Paris Climate Accord. But Mr Jonathan Barratt, chief investment officer at Sydney's Ayers Alliance, said the USA decision to walk away from the climate agreement was not likely to impact oil markets. Read More »

Trump's decision harming him, US, poor countries, says daily


Conference of Mayors' climate-protection agreement. McKibben believes Sacramento and Albany are now the two most important capitals on the continent to lead the climate change fight. departure from the deal. "His decision sends a seriously negative signal to the rest of the world". "The Paris Agreement will endure". Governor Brown departs Friday for a five-day trip to China to meet with leaders there about climate change. Read More »

Australia to face New Zealand at Birmingham in ICC Champions Trophy

It is important to be relaxed and confident before every big game, to keep the nerves in check. The much awaited clash of arch-rivals India and Pakistan is now just three days away. And in both the games, India managed to bundle out the opposition inside 40 overs. "However, recent history and the depth of the India squad gives it a slight edge over Pakistan heading into the game", Afridi wrote in a column for the International Cricket Council ( ICC ). Read More »

Budget impasse continues as deadline winds down

With Rauner holding a budget veto and Democrats having only 67 of the 71 votes required to overturn a veto, Democrats need some form of Republican cooperation to pass their budget. It's government of the politicians, by the politicians, for the politicians. That's Rauner's preferred budget recipe, and he has said that pairing the two is the only way he'd approve a spending plan. Read More »

Macbook Pro 2017: What laptops to expect at Apple WWDC 2017


A report from MacRumors shows that Apple now lists 15-inch MacBook Pro models with Touch Bar with free delivery with an estimated delivery date between June 6 and June 8 - right when the conference is underway. It's unclear if we will see a bump up to 32GB of RAM with this update. In addition to launching the new laptops, Apple is also expected to talk about iOS 11 and the new version of MacOS at the conference. Read More »

Countries Doing the Most to Fight Climate Change


Trump formally announced his decision to leave the historic global agreement Thursday after promising to take the action during last year's campaign. British Prime Minister Theresa May faced criticism for not signing up a joint declaration by Germany, France and Italy in opposition to the United States move. Read More »

Dutch politicians 'deplore' U.S. exit from Paris climate agreement

His decision prompted Italy, France and Germany to immediately issue a joint statement stressing that the current deal - a "cornerstone in the cooperation between our countries" - can not be renegotiated. "Japan's business community should seize this opportunity to take leadership in a future carbon-free world", said Naoyuki Yamagishi, leader of WWF Japan's climate and energy group, in a media statement. Read More »

Durham, Chapel Hill mayors commit to Paris agreement

The accords are not created to include "non-state actors" like local governments and companies. Brown joined Gov. Jay Inslee of Washington state and Gov. "As cities, we will not let the decision stand in the way of us tackling this environmental, economic, and national security issue for our children and grandchildren". Read More »

Martial Law in the Philippines


Jets fired rockets at militant positions in the city of Marawi in the southern Philippines, as thousands of people fled violence following a siege by gunmen linked to the Islamic State group. But bodies of executed civilians with signs attached reading "Munafik" (traitor) have also recently been reported amongst the dead . Gen. Eduardo Ano, the chief of staff, said in a statement that the Maute militants initially planned to burn the whole city. Read More »

China vows to uphold climate pact after US pullout

Mr Tong said Mr Trump's justification that the agreement would undermine the U.S. economy and sovereignty are particularly galling to small Pacific island nations, that are on the frontline of the impacts of climate change . "The world needs to move together on the climate change issue". But he did not go as far as other mayors in resisting Trump's decision; he declined to endorse his area Thursday to the Paris Agreement , The Miami Herald reported . Read More »

Trump draws criticism from world leaders


The Paris Climate Accord is an agreement between 195 countries aiming to curb emissions, which would help curb global warming. US President Donald Trump's decision to pull out of the Paris climate deal followed an internal debate that pitted anti-globalist advisers like Steve Bannon against more moderate voices such as Trump's daughter, Ivanka , and top economic adviser, Gary Cohn. Read More »

British PM faces criticism over weak response to Trump's climate change decision

Trump on Thursday pulled the USA , also the world's second largest emitter of greenhouse gases, out of the Paris climate pact, saying the treaty is soft on China and India . "We both share the same responsibility: Make our planet great again ", Macron said. The governors of three states, California, Washington and NY, on Thursday announced the creation of an alliance aimed at connecting states " committed to taking aggressive action on climate change". Read More »

Walmart Employees Will Now Deliver Packages to Your Home


Walmart plans to test delivering online orders to customers' doors, a move it says will cut shipping costs and expedite deliveries. "The best part is this gives our own associates a way to earn extra income on their existing drive home", Lore wrote. Read More »

Woakes out of Champions Trophy with side strain


Bangladesh threatened the same punishment in their first one-day worldwide on English soil in seven years by producing their highest score against England , and the eighth-best total in trophy history, 40 runs more than their previous best. Read More »

Jerry Brown Heads To China For Climate Change Talks

As Greenpeace clean air campaigner Lauri Myllyvirta pointed out in a series of tweets on Thursday, leadership can involve taking action at home, symbolic or rhetorical steps, provision of finance to drive carbon cuts or diplomatic efforts. In January, China announced the suspension or cancellation of plans to build an additional 100 coal-fueled power plants. "I applaud President Trump for making the decision to withdraw the United States from the Paris climate agreement ". Read More »

Trump and Merkel 'get along well' despite spat


What this means exactly is unknown, but earlier Trump did point to a possible ban on the sales of German cars as being one potential move that could be made. When news emerged in 2013 that the US government had monitored German Chancellor Angela Merkel's communications for years, Merkel sent a firm but conciliatory message to Washington . Read More »

Ronaldo looks to break new ground at Champions League final


But on Saturday we need to win and we need to understand when will be the moments to attack and when to defend. He has something deep inside. Former Parma stopper Buffon, who has spent the last 16 years with the same club after Juve made him the world's most-expensive goalkeeper back in 2001, is now in the United Kingdom with his Bianconeri teammates ahead of the Champions League final against Real Madrid . Read More »

Senate approves minimum wage increase, sends bill to governor


I'm sympathetic to businesses' gut reaction but this minimum wage bill should be signed into law by Gov. He said, "This bill is talking about certainty in wage reviews". But opponents, like state Rep. Mark Batinick, say the increase will hurt employers. Labour and anti-poverty groups, loosely organized into an group called "15 and fairness", have lobbied the Ontario government since 2013, the third year of a four-year $10.25 an hour freeze of the minimum wage. Read More »

Trump Has Multiple Escape Routes From Paris Climate Accord

Almost 200 countries joined the landmark deal forged under Trump's predecessor. Syria and Nicaragua are the only other non-participants in the accord. Trump's actions just make that conversation all the more urgent. President George W Bush provoked similar anger from European allies when he decided not to implement the 1997 Kyoto climate change treaty, which was ratified by 140 nations. Read More »

Hundreds protest Paris climate decision outside White House

During his presidential campaign and in the weeks following his inauguration, he had made it amply clear that he does not believe in climate change and that he would do everything at his command to roll back all climate actions initiated by his predecessor, Barack Obama . Read More »

Elon Musk quits Trump's advisory councils after US withdraws from climate accord

The US withdrawal from the Paris climate accord is a global setback, but China , India and Europe are willing to step up their efforts to honour the pact, Chinese state media said Friday. would not be able to compete with other countries in the world. "We are deeply disappointed that the United States federal government has made a decision to withdraw from the Paris Agreement ". Read More »

British Airways disruption continues for third day after IT system crash

BA canceled all flights from both airports Saturday, upending the travel plans of tens of thousands of people on a busy United Kingdom holiday weekend. Delta (DAL.N) had to cancel 2,300 flights over a three-day period in August after a power outage grounded its flights. Several passengers complained about a lack of information from BA staff at the airport. Read More »

British PM May Could Lose Majority in Upcoming Election, Projection Shows


British Prime Minister Theresa May's lead over the opposition Labour party has nearly halved to eight points in the space of a week, an opinion poll from Panelbase showed today. Prime Minister Theresa May has said the "only poll that matters" is the one on June 8 while Labour's Angela Rayner dismissed the research, insisting Labour is "in it to win it". Read More »

Sterling drops after poll suggests hung United Kingdom parliament

A Conservative candidate up for re-election next week has blasted Theresa May for "totally f****** it up" as the poll gap between the Tories and Labour closes . The pound had a wobble when it slipped below $1.28 last week and has since struggled to recover lost ground. However, YouGov stated: "Please note these voting intention figures are from YouGov's conventional polling, not our new election model". Read More »