‘Smell a Recession Coming’: Weak Jobs Report Shows Unemployment Spike, Stoking Economic Fears

NEW YORK (Reuters)—U.S. job growth slowed more than expected in July, while the unemployment rate increased to 4.3%, stoking fears that the labor market is deteriorating and making the economy vulnerable to a recession. Employers added 114,000 jobs, below expectations for an 175,000 increase. The unemployment rate rose to 4.3%, above economists expectations that it

Harris campaign says it brought in $310 million in July

Washington — Vice President Kamala Harris brought in $310 million in July, her presidential campaign said Friday, more than doubling the amount former President Donald Trump says he raised last month. Harris’ campaign officially launched July 21, just after President Biden announced his decision to forego his bid for reelection. In the seven days that

Who Is Kamala’s Dr. Phil?

As Harris’s national security adviser, Phil Gordon brings a ton of experience to the job—and none of it good. L: (Montinique Monroe/Getty Images) R: Philip H. Gordon (Michael Loccisano/Getty Images for HBO) Just after meeting with Prime Minister Benjamin Netanyahu last week, Vice President Kamala Harris lamented “the images of dead children and desperate, hungry

Court Blocks FCC’s Reinstatement of Net Neutrality Rules for Broadband Internet

The court said, ‘Net neutrality is likely a major question requiring clear congressional authorization.’ A U.S. appeals court on Aug. 1 temporarily blocked the Federal Communications Commission’s (FCC) reinstatement of Obama-era net neutrality regulations that would reclassify broadband internet. The court found that several broadband companies will likely succeed in a legal challenge against reinstating the