Team USA’s loudest supporters say FIFA pushed them to upper deck for World Cup
When the U.S. men’s national soccer team plays at home, its most loyal fans traditionally sit right behind a goal to cheer on the team or intimidate the opposition. But…
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Category: Business
AI drives 40% of May layoffs as job cuts hit highest level since 2020
Artificial intelligence is rapidly reshaping the US labor market, with employers increasingly citing the technology as a reason for workforce reductions even as hiring continues in parts of the economy.…
US jobless claims rise to 225,000, but labour market remains largely resilient
The number of Americans filing new applications for unemployment benefits increased last week, but the overall level of claims remained consistent with a labour market that continues to show resilience…
Venezuela emerges as key oil ally as India diversifies supplies
India and Venezuela are strengthening their energy partnership, with New Delhi describing the relationship as one of “perfect complementarity” amid severe disruptions in oil supplies from the Middle East caused…
Trump administration cites forced labor concerns as grounds for new tariffs
The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade in goods made with forced labor,…
Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run
Growing up in South Florida, Jozy Altidore heard a lot of Spanish playing soccer with local kids and at home from his Dominican grandmother. As a teenager, he went to…
OECD sees slower growth ahead as Hormuz shock hits global economy
The Organisation for Economic Co-operation and Development (OECD) delivered a cautious global economic outlook on Wednesday, downgrading growth forecasts while raising inflation projections as the ongoing Middle East conflict continues…
US private employers add 122,000 jobs in May, beating estimates, ADP says
US private-sector hiring strengthened in May, offering fresh evidence that the labor market remains resilient despite rising inflation and uncertainty stemming from geopolitical tensions in the Middle East. According to…