• US job growth beats expectations in October; unemployment rate falls to 4.1%
    By Lucia Mutikani WASHINGTON, Nov 6 (Reuters) – US nonfarm payrolls increased more than expected in October and the unemployment rate fell to 4.1%, suggesting the labor market remained resilient and giving the Federal Reserve more scope to focus on inflation stemming from the Middle East conflict. Payrolls jumped by 165,000 jobs last month after an […]
  • US inflation too high; essential to get back to 2%: Fed’s Williams
    FRANKFURT, Nov 6 (Reuters) – US economic growth has remained resilient and the labour market is remarkably stable despite successive shocks, but inflation is too high and must be brought back to 2%, New York Federal Reserve President John Williams said on Friday. Inflation has soared across the world, mostly as the US war on […]
  • Democratic socialist Raman elected Los Angeles mayor in upset over Bass
    By Daniel Trotta Nov 5 (Reuters) – Democratic socialist-backed candidate Nithya Raman defeated incumbent Karen Bass in a closely fought race for Los Angeles mayor. Bass conceded on Thursday to one of the latest among a new wave of fast-rising democratic socialists and progressives who have dethroned centrist politicians in recent elections across the country.   Raman, a city council member, […]
  • Trump takes action to make sure the Oval Office stays oval
    By Steve Holland WASHINGTON, Nov 5 (Reuters) – Even as he puts his golden imprint on the White House, President Donald Trump moved on Thursday to protect two of its most historic spaces, the Oval Office and Cabinet Room, from major modifications by future presidents. Trump signed a proclamation that he said would be the first […]
  • Texas governor-elect says state will have laws to shield citizens from data centers
    WASHINGTON, Nov 5 (Reuters) – Texas Governor-elect Gina Hinojosa said on Thursday that the state will introduce laws to protect its residents with regards to data centers, citing their impact on rural communities. With plentiful energy supplies, relatively cheap land ​and a pro-business policy, Texas has become one of the leading regions in the world […]