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Hiring surged in June, defying concern about Trumps tariffs

(NEW YORK) -- Hiring surged in June as businesses navigated uncertainty surrounding President Donald Trump's tariffs, federal government data on Thursday showed. The reading exceeded economists' expectations.The U.S. added 147,000 jobs in June, according to data from the U.S. Bureau of Labor Statistics. That ...
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One Tech Tip: Get the most out of ChatGPT and other AI chatbots with better prompts

LONDON (AP) — If you’re using ChatGPT but getting mediocre results, don’t blame the chatbot. Instead, try sharpening up your prompts. Generative AI chatbots such as OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude have become hugely popular and embedded into daily life for many users. ...
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How Ukraine can cope with the US pause on crucial battlefield weapons

KYIV, Ukraine (AP) — The decision by the United States to pause some weapons shipments to Ukraine has come at a tough time for Kyiv: Russia’s bigger army is making a concerted push on parts of the roughly 1,000-kilometer (620-mile) front line and is ...
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US job growth beats expectations in June, unemployment rate dips to 4.1%

WASHINGTON (Reuters) – U.S. job growth was solid in June while the unemployment rate unexpectedly fell to 4.1%, suggesting the labor market remained stable and potentially allowing the Federal Reserve to delay resuming cutting interest rates until September. Nonfarm payrolls increased by 147,000 jobs last ...
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U.S. applications for jobless aid fell to 233,000 last week as layoffs remain low

Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy. The Labor Department reported Thursday that jobless claims for the week ending June 28 fell by 4,000 to 233,000, less than ...
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Instant view: US job growth beats expectations in June

NEW YORK (Reuters) -U.S. job growth in June rose above expectations, while the unemployment rate fell, suggesting the labor market is stable. Nonfarm payrolls increased by 147,000 jobs in June, after rising 144,000 in May, the Labor Department showed on Thursday. Economists polled by Reuters ...
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Activist investor Starboard discloses 9% stake in Tripadvisor, says shares ‘undervalued’

(Reuters) -Activist investor Starboard Value disclosed a 9% stake in Tripadvisor on Thursday, saying the online travel booking platform’s shares were “undervalued”. The hedge fund, one of the industry’s busiest activist investors, said it will engage with Tripadvisor’s management about opportunities for value creation, sending ...
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U.S. weekly new jobless claims drop to 6-week low

(Reuters) -The number of Americans filing new applications for jobless benefits fell to a six-week low last week, but the ranks of those continuing to collect benefits after their initial week held steady at the highest in nearly four years in the prior week. Initial ...
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Traders pare bets on Fed rate cuts after jobs report

(Reuters) -A still-strong job market will keep the Federal Reserve from cutting interest rates until September, and from delivering more than two quarter-point rate cuts all year, traders bet on Thursday Futures contracts tied to the U.S. central bank’s policy rate indicated just a 5% ...
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US stock futures extend gains after June jobs data

(Reuters) – U.S. stock index futures extended gains on Thursday after a stronger-than-expected June jobs report eased concerns about the health of the labor market despite uncertainties about U.S. trade policies. A Labor Department report showed the U.S. economy ...
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Amundi warns US stablecoin policy could destabilise global payments system

By Marc Jones LONDON (Reuters) -Europe’s largest asset manager has raised concerns that a boom in dollar-backed stablecoins in the wake of the United States’ GENIUS Act could cause a major shift in money flows that destabilises the global payment system. The U.S. Senate passed ...
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JPMorgan names insider David Frame global CEO of private bank

(Reuters) -U.S. banking giant JPMorgan Chase on Thursday named insider David Frame as the global CEO of its private bank, effective immediately. Housed within the largest U.S. bank’s broader asset and wealth management business, the private bank offers investment solutions to high-net-worth individuals and ...
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