The latest gains far exceeded expectations and showcased employers’ willingness to keep hiring to meet steady consumer spending.
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House Speaker Mike Johnson said the bill would help Israel defend itself and eradicate Hamas, but President Joe Biden said he would veto the legislation.
Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.
Trump once bragged he could shoot someone in the middle of Fifth Avenue and remain popular. Today, he could hand out fifties in New York and still not win the support of most locals.
President Joe Biden signed a bill Friday to avert a freight rail strike that he said could have plunged the U.S. into a catastrophic recession.
The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.
In an address to the nation Thursday night, President Joe Biden called on lawmakers to restore limits on the sale of assault-style weapons and high-capacity magazines after a string of mass shootings in the country.