Former President George W. Bush has made it clear that he does not plan to endorse a candidate for president. His office confirmed this decision when asked if he or his wife, Laura, would publicly endorse a candidate or reveal their choice in the upcoming election. The response was a resounding “no” from Bush’s office,
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The latest jobs report for August in the United States indicates a slight slowdown in the labor market, with nonfarm payrolls expanding by 142,000 jobs. This number is lower than the 161,000 consensus forecast and reflects a trend of decreasing job growth. While the unemployment rate ticked down to 4.2%, the labor force participation rate
In August, private sector payrolls experienced the weakest growth in more than three-and-a-half years, signaling a concerning trend in the labor market, according to ADP. The data shows that only 99,000 workers were hired during the month, a significant drop from the July figures and below the expected consensus forecast. This slowdown in job growth
The safety practices of “foreign-owned” e-commerce platforms like Shein and Temu have come under scrutiny as two U.S. Consumer Product Safety Commission (CPSC) members, Peter Feldman and Douglas Dziak, are urging the agency to investigate the alleged sale of “deadly baby and toddler products.” These concerns have prompted calls for the examination of Temu and
The latest Institute for Supply Management (ISM) monthly survey of purchasing managers has revealed that U.S. factories are still struggling, with only 47.2% reporting expansion in August. This figure falls below the critical 50% breakeven point for activity, indicating an ongoing slowdown in the manufacturing sector. While this number was slightly higher than the previous
Recently, a panel of Brazil’s federal supreme court justices collectively voted to uphold orders that suspended the use of Elon Musk’s social network X nationwide. Despite the unanimous decision, Justice Luiz Fux expressed some reservations about a specific measure in the order. This measure allows the court to fine individuals or businesses that engage in
Former Democratic Rep. Tulsi Gabbard has taken a surprising turn by endorsing Republican former President Donald Trump’s campaign and offering valuable advice on how to approach the upcoming debate with Vice President Kamala Harris. In a recent interview on CNN’s “State of the Union,” Gabbard emphasized the importance of focusing on Harris’ policy pivots and
Netflix hit a record high in August, with shares reaching an intraday record of $711.33. Despite recent fluctuations, the stock closed at $701.35 on Friday, representing a 44% increase year to date. Analysts are optimistic about Netflix’s future growth potential, with many believing that the stock has even more upside from here. Competitive Advantage and
Salesforce saw a 4% increase in its shares in extended trading after the company released its fiscal second-quarter results, surpassing expectations. The company exceeded estimates with earnings per share of $2.56, compared to the expected $2.36. Additionally, revenue totaled $9.33 billion, beating the anticipated $9.23 billion. This growth was attributed to an 8% increase in
Last week, mortgage rates declined for the fourth consecutive week. Surprisingly, the response from both current homeowners and potential homebuyers was lackluster. Despite the decrease in mortgage rates, the total mortgage application volume only saw a slight increase of 0.5% compared to the previous week, as reported by the Mortgage Bankers Association. The average contract