The job market is showing signs of slowing down, and it's not just a blip. The private sector saw a drop in jobs last month, the first time this has happened in over two years. Economists had expected a gain, but instead, there was a loss of around 33, 000 jobs. This isn't because of mass layoffs, but because companies are hiring less and not replacing workers who le...
A protest in Salt Lake City ended with a shooting. One person was hurt and taken to the hospital. Police are still figuring out what happened. They have someone in custody but aren't sharing many details. The protest was part of a bigger movement called "No Kings. " Thousands of people showed up in Salt Lake City to voice their opinions. They were part of a larger w...
The idea of bringing back manufacturing jobs has been a hot topic in American politics for years. Many people, including former President Trump, have promised to bring these jobs back. But is it really possible? And should it even be a priority? The American manufacturing sector has seen a significant decline since its peak in 1979. Back then, it employed 19. 6 mill...
This year, May Day protests in the United States took a different turn. Usually, these rallies focus on workers' rights worldwide. However, this time, they were fueled by a growing resistance against the current administration's policies. People were upset about plans to reduce workers' protections, slash education budgets, and increase deportations. In Chicago, a l...
Across the United States, people took to the streets to voice their disapproval of recent policy changes. In cities like Philadelphia and state capitols from Minnesota to Texas, protesters gathered to express their concerns. They didn't like the tougher stance on immigration, the reversal of transgender rights, and the idea of moving Palestinians from Gaza. Protest...
There was a surprise in the air. A special person, a diplomat, went a long way to show their might. U. S. President got a call from colleagues in Washington who did not like the grand plan. One person, a director of a well known newspaper in New York, was quick to criticize the idea of a 25 percent tariff on goods that come from Mexican and Canadian countries. A...
The White House put a halt on federal grants and loans on Monday, but don't worry, student loans are safe! The Department of Education clarified that the freeze won't affect college financial aid or student loans. The pause is a chance for the White House to review funding that doesn't match President Trump's agenda. The memo mentioned exceptions for Social Security...
On Thursday, the S&P 500 reached new heights, climbing by 0. 53% and closing at 6, 118. 71, its highest point ever. The Dow Jones Industrial Average also jumped, gaining 408. 34 points to hit 44, 565. 07. The Nasdaq Composite followed suit, inching up by 0. 22% to 20, 053. 68. This marked the fourth consecutive day of gains for all three major indexes. The surge was...
Bitcoin, the leading cryptocurrency, took a nosedive below $92, 000. This slide happens just days before Donald Trump's upcoming presidency. The coin had surged to a record high of over $106, 000 last month, buoyed by hopes of the Fed's final 2024 interest rate cut and Trump's influence on markets. But as his inauguration nears, Bitcoin has been losing ground. Invest...
The election results brought a wave of positivity from investors. The S&P 500 jumped by 2. 5%, the Dow Jones by 3. 6%, and the NASDAQ by 2. 95%. The Russell 2000, which tracks small companies, skyrocketed by 5. 8%. This reaction came from the belief that a Trump administration, teamed up with a Republican Congress, could bring policies that boost the economy. Two ke...