India  

US Economy Added 528,000 Jobs in July

Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
US Economy Added 528,000 Jobs in July

US Economy Added 528,000 Jobs in July

US Economy Added , 528,000 Jobs in July.

According to data released by the Bureau of Labor Statistics on Aug.

5, .

America added 528,000 nonfarm payrolls for July.

The unemployment rate fell to 3.5%.

The report exceeded Dow Jones estimates of 258,000 new jobs and an unemployment rate of 3.6% for the month.

.

July's 528,000 added jobs marks a significant increase from the 372,000 jobs added the month prior.

.

CNBC reports that average hourly earnings also increased 0.5% for July and 5.2% compared to a year ago.

Daniel Zhao, a senior economist at the career site Glassdoor, says the increase in hiring contradicts typical recession conditions.

It would be very unusual to have a recession when we’re still adding several hundred thousand jobs a month, Daniel Zhao, a senior economist at the career site Glassdoor, via ABC News.

But as inflation remains at its highest level in over 40 years, the Federal Reserve continues to aggressively hike interest rates, which could slow job creation.

But as inflation remains at its highest level in over 40 years, the Federal Reserve continues to aggressively hike interest rates, which could slow job creation.

Recently, major companies such as Walmart and Robinhood have announced layoffs and hiring slowdowns.

Recently, major companies such as Walmart and Robinhood have announced layoffs and hiring slowdowns


You Might Like


💡 newsR Knowledge: Other News Mentions

Federal Reserve Federal Reserve Central banking system of the United States of America

US Economy Adds More Jobs Than Expected Despite Fed Rate Hikes [Video]

US Economy Adds More Jobs Than Expected Despite Fed Rate Hikes

US Economy Adds , More Jobs Than Expected , Despite Fed Rate Hikes. NBC reports that America's economy showed better job growth than expected in November. The higher-than-expected numbers came despite aggressive rate hikes by the Federal Reserve meant to slow the labor market and bring down inflation. The higher-than-expected numbers came despite aggressive rate hikes by the Federal Reserve meant to slow the labor market and bring down inflation. According to a Labor Department report released on December 2, nonfarm payrolls grew 263,000. According to a Labor Department report released on December 2, nonfarm payrolls grew 263,000. Economists surveyed by Dow Jones had predicted an increase of just 200,000. Last month, the monthly gain had been slightly higher with payroll numbers revised to 284,000. Meanwhile, the unemployment rate came in at 3.7%, exactly as predicted by economists. NBC reports that the numbers will likely not slow Fed interest rate hikes as the central bank continues to wrestle with inflation at a forty-year high. NBC reports that the numbers will likely not slow Fed interest rate hikes as the central bank continues to wrestle with inflation at a forty-year high. Working contrary to the Fed's efforts to fight inflation, average hourly earnings climbed 0.6% in November. . That's double what Dow Jones estimated it to be for the month. Compared to the same time last year, wages were reportedly up 5.1%. . Economists had predicted , just a 4.6% increase.

Credit: Wibbitz Top Stories    Duration: 01:31Published
US Annual Inflation Rate Fell to 7.7% in October [Video]

US Annual Inflation Rate Fell to 7.7% in October

US Annual Inflation Rate , Fell to 7.7% in October. The Consumer Price Index data was released on Nov. 10, two days after midterm elections. It shows that inflation in October increased by 0.4%, which is the same increase as September. President Joe Biden responded to the report. It will take time to get inflation back to normal levels — and we could see setbacks along the way — , President Joe Biden, via NBC News. ... but we will keep at it and help families with the cost of living, President Joe Biden, via NBC News. Americans are already paying around $1.20 less per gallon of gas than this summer. , President Joe Biden, via NBC News. Today’s report shows a much-needed break in inflation at the grocery store as we head into the holidays. , President Joe Biden, via NBC News. Some analysts say that inflation likely played an important role in the results of the midterm elections. . It isn’t just the ongoing pace of increase that is troublesome but the pervasiveness of surging prices across various spending categories that has scarred household budgets, Greg McBride, Bankrate Chief Financial Analyst, via NBC News. Other analysts stated that the data points to a possibility that there will be no recession. We still see a very plausible ... path from the high-inflation economy of the present to a low-inflation economy of the future without a recession, Jan Hatzius, Goldman Sachs Economist, via NBC News. The data points to the complexities of the U.S. economy, in that the recent interest rate hikes have not been a cure-all for inflation. Despite a half-dozen interest rate hikes by the Federal Reserve, any broad-based, significant and sustained easing of inflation pressures remains elusive, Greg McBride, Bankrate Chief Financial Analyst, via NBC News

Credit: Wibbitz Top Stories    Duration: 01:30Published
Credit Card Interest Rates Reach All-Time High [Video]

Credit Card Interest Rates Reach All-Time High

Credit Card , Interest Rates , Reach All-Time High . NBC reports that the cost of credit card debt is now the highest it's been in over 30 years, with average interest rates up to 19.04%. Bankrate has been surveying credit card rates since 1985, and this eclipses the previous all-time high of 19.00% from July 1991, Greg McBride, Bankrate chief financial analyst, via NBC. The new all-time high comes as the Federal Reserve has made its largest key federal funds rate hike in over a decade in an effort to combat inflation. NBC reports that the Fed's plan is to raise the cost of borrowing in hopes that it will slow the economy and ease rising prices. This has ratcheted the prime rate up to 7%, which is what banks charge the most creditworthy customers. The prime rate is also used to determine the final annual percentage rate for a credit card. . According to Bankrate, someone paying the minimum payment on a $5,000 credit card debt would pay over $6,000 in interest over 15 years. You don’t feel it on a monthly basis, but minimum payments are a trap, Ted Rossman, Bankrate Senior Industry Analyst, via NBC. You don’t feel it on a monthly basis, but minimum payments are a trap, Ted Rossman, Bankrate Senior Industry Analyst, via NBC. If you as an individual have credit card debt with an interest rate near 20%, that needs to be priority — it's three, four, five times higher than other forms of debt, Ted Rossman, Bankrate Senior Industry Analyst, via NBC

Credit: Wibbitz Top Stories    Duration: 01:31Published
Bank of England Sets Biggest Rate Hike in 33 Years [Video]

Bank of England Sets Biggest Rate Hike in 33 Years

Bank of England Sets , Biggest Rate Hike in 33 Years. CNN reports that the central bank increased interest rates by three quarters of a percentage point on Nov. 3. The historical hike puts the Bank of England's benchmark rate at 3%. CNN reports that it hasn't been that high since November 2008. The U.S. Federal Reserve and European Central Bank made similar moves recently as soaring inflation continues to threaten a recession. . The U.S. Federal Reserve and European Central Bank made similar moves recently as soaring inflation continues to threaten a recession. . Inflation is too high, and it’s the bank’s job to bring it down. If we do not act forcefully now it will be worse later on, Andrew Bailey, Bank of England Governor, via press conference. CNN reports that the U.K.'s economy is expected to suffer through the beginning of 2024 “as high energy prices and materially tighter financial conditions weigh on spending.”. Bank of England Governor Andrew Bailey says GDP is expected to remain weak for a "prolonged" period. After the rate hike was announced, the British pound fell 2% against the American dollar. The country is also still trying to recover from former Prime Minister Liz Truss' "mini budget."

Credit: Wibbitz Top Stories    Duration: 01:31Published
US central bank raises interest rate to highest level in 15 years [Video]

US central bank raises interest rate to highest level in 15 years

"We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2%", said Federal Reserve chariman Jerome Powell.

Credit: euronews (in English)    Duration: 01:06Published

Bureau of Labor Statistics Bureau of Labor Statistics US government agency

Wholesale Prices Rose at a Slower Pace in October [Video]

Wholesale Prices Rose at a Slower Pace in October

Wholesale Prices Rose , at a Slower Pace in October. CNN reports that wholesale prices are a key measure of inflation listed by the Producer Price Index (PPI). . According to a new report from the Bureau of Labor Statistics, wholesale prices increased by 8% last month compared to the year before. The number is better than the 8.3% economists had predicted. . Producer prices were also lower than expected on a monthly basis, rising 0.2%. Core PPI, which doesn't account for food and energy, measured 6.7% year-over-year. That number is down from the revised annual increase of 7.1% in September. Compared to September, October's core PPI prices were flat. Economists had predicted annual core PPI to be 7.2% and monthly core PPI to be 0.3%. Many consider this latest report to be an indication of prices consumers can soon expect at stores

Credit: Wibbitz Top Stories    Duration: 01:30Published
Inflation Rose Faster Than Expected in September As Rent and Food Prices Surge [Video]

Inflation Rose Faster Than Expected in September As Rent and Food Prices Surge

Inflation Rose Faster Than Expected in September , As Rent and Food Prices Surge. According to data released by the U.S. Labor Department on Oct. 13, the consumer price index (CPI), a key measure of inflation, rose 0.4% in September. The increase marks the second consecutive month of strong inflation. Over the course of a year, the CPI has risen 8.2%. Economists had only expected the CPI to rise .3% in September and 8.1% for the year. The 4.9% decline in gas prices last month wasn't enough to keep money in consumers' pockets as other expenses continued to climb. The 4.9% decline in gas prices last month wasn't enough to keep money in consumers' pockets as other expenses continued to climb. 'The Hill' reports that the Bureau of Labor Statistics attributed last month's increase to surging shelter, food and medical care costs. 'The Hill' reports that the Bureau of Labor Statistics attributed last month's increase to surging shelter, food and medical care costs. 'The Hill' reports that the Bureau of Labor Statistics attributed last month's increase to surging shelter, food and medical care costs. Without accounting for food and energy costs, consumer prices increased .6%. As gas prices start to climb again due to the OPEC+ announcement that oil production will be cut, inflation remains near a 40-year high. The Fed will likely continue to hike interest rates as it attempts to avoid a recession.

Credit: Wibbitz Top Stories    Duration: 01:30Published

Dow Jones Industrial Average Dow Jones Industrial Average American stock market index

US GDP Rose by 2.6% in Q3 [Video]

US GDP Rose by 2.6% in Q3

US GDP Rose , by 2.6% in Q3. NBC News reports that America's economy had its first duration of positive growth for the year. According to the Bureau of Economic Analysis, gross domestic product (GDP) rose 2.6% in the third quarter. That percentage exceeded the Dow Jones estimate of 2.3%. President Biden took to Twitter after the report was released. . However, NBC News reports that the increase is largely attributed to a narrowing trade deficit which economists don't expect to see again in future quarters. Increased consumer and government spending, as well as nonresidential fixed investment, propped up gains too. . Increased consumer and government spending, as well as nonresidential fixed investment, propped up gains too. . But gains were offset by drops in private inventories and residential fixed investment. . Overall, while the 2.6% rebound in the third quarter more than reversed the decline in the first half of the year, we don’t expect this strength to be sustained, Paul Ashworth, chief North America economist at Capital Economics, via CNBC. Exports will soon fade and domestic demand is getting crushed under the weight of higher interest rates. We expect the economy to enter a mild recession in the first half of next year, Paul Ashworth, chief North America economist at Capital Economics, via CNBC

Credit: Wibbitz Top Stories    Duration: 01:31Published
Unemployment Rate Falls As Job Market Stays Strong [Video]

Unemployment Rate Falls As Job Market Stays Strong

Unemployment Rate Falls , As Job Market Stays Strong. In September, job growth fell short of expectations while the unemployment rate declined despite the Federal Reserve's efforts to slow the United States economy. In September, job growth fell short of expectations while the unemployment rate declined despite the Federal Reserve's efforts to slow the United States economy. NBC reports that nonfarm payrolls rose 263,000 for the month compared to prior Dow Jones estimates of 275,000. Meanwhile, unemployment hit 3.5% as the labor force participation rate dropped to 62.3% and the size of the labor force shrunk to 57,000. . The payroll figure for September decelerated and tied for the lowest monthly increase since April of last year. Depending on your view of optimism vs. pessimism, on the economy, there’s a little bit of something for everyone in this report, Liz Ann Sonders, chief investment strategist at Charles Schwab, via NBC. Obviously, the market is not happy, but the market is not happy in general these days, Liz Ann Sonders, chief investment strategist at Charles Schwab, via NBC. NBC reports that wage numbers saw average hourly earnings rise 0.3% on the month and 5% from a year ago. The reports comes as the Fed has been making moves to tackle inflation that's currently running close to its highest annual rate in over 40 years. The reports comes as the Fed has been making moves to tackle inflation that's currently running close to its highest annual rate in over 40 years. So far, the U.S. central bank has raised rates five times this year and is expected to continue hiking into 2023. So far, the U.S. central bank has raised rates five times this year and is expected to continue hiking into 2023. According to officials at the Fed, the central bank is aware that the rake hikes will inflict "some pain" on consumers and the economy

Credit: Wibbitz Top Stories    Duration: 01:31Published

CNBC CNBC American television business news channel

Elon Musk Suspends Ye’s Twitter Account for Posting Swastika [Video]

Elon Musk Suspends Ye’s Twitter Account for Posting Swastika

Elon Musk Suspends Ye’s Twitter Account , for Posting Swastika. Elon Musk Suspends Ye’s Twitter Account , for Posting Swastika. CNBC reports that following Kanye West's interview with Alex Jones in which he declared his love for Nazis and admiration for Hitler, . CNBC reports that following Kanye West's interview with Alex Jones in which he declared his love for Nazis and admiration for Hitler, . the controversial rapper took to Twitter to post a picture of a swastika inside the Star of David. the controversial rapper took to Twitter to post a picture of a swastika inside the Star of David. As a result, Elon Musk, a self-proclaimed "free speech absolutist," suspended his account for inciting violence. 'The Independent' reports that West messaged Musk on Truth Social, asking "Who made you the judge?". Musk reportedly replied, "FAFO." (F*** Around and Find Out.). West was also suspended from the platform in October for making antisemitic comments. CNBC reports that social media company Parler also revealed that its deal with West has been terminated. . CNBC reports that social media company Parler also revealed that its deal with West has been terminated. . This decision was made in the interest of both parties in mid-November. Parler will continue to pursue future opportunities for growth and the evolution of the platform for our vibrant community, Spokesperson for parent company Parlement Technologies, via statement. Adidas also recently ended its partnership with West, while numerous other brands have distanced themselves from the rapper as well. . Despite the growing backlash against West, he still intends to run for the nation's highest office in 2024.

Credit: Wibbitz Top Stories    Duration: 01:30Published
Biden and Macron Hold Joint Press Conference at White House [Video]

Biden and Macron Hold Joint Press Conference at White House

Biden and Macron , Hold Joint Press Conference , at White House. CNBC reports that President Biden is hosting French President Emmanuel Macron for a three-day state visit. . CNBC reports that President Biden is hosting French President Emmanuel Macron for a three-day state visit. . During the welcoming ceremony, Macron addressed the war in Ukraine. As war returns to European soil following Russia’s aggression against Ukraine and in light of the multiple crises our nations and all societies face, we need to become brothers in arms once more, French President Emmanuel Macron, via statement. Biden agreed that both countries must stand together to defend "the democratic values and universal human rights which are the hearts of both our nations.". Later on, Macron commended Biden on his efforts to restore America's presence internationally. The fact that you're back on major international challenges such as health and climate, it is really a new deal. , French President Emmanuel Macron, via statement. The two presidents reportedly had a "detailed discussion" regarding the Inflation Reduction Act. NPR reports that French officials say "Made in America" electric vehicle provisions may hurt European carmakers. Biden said, "that was not the intention.". The intention was to make sure we were no longer in a position when there was a pandemic in Asia and China decided they're going to no longer sell us computer chips. We invented the damn things, U.S. President Joe Biden, via statement. Macron and Biden have agreed to "synchronize" their "approaches" to "create more industrial jobs in the long run."

Credit: Wibbitz Top Stories    Duration: 01:30Published
How to Make the Most of 'Giving Tuesday' [Video]

How to Make the Most of 'Giving Tuesday'

How to Make the Most of 'Giving Tuesday'. The day focuses on charitable giving following the heaviest shopping week of the year. #GivingTuesday has raised over $1 billion in the U.S. through online donations. These three simple steps can help anyone make the most of charitable giving. First, get educated about where to give. Sites such as ChartiyNavigator.org or CharityWatch.org can help. Second, be smart about how much to give. Philanthropy experts recommend building charitable giving into your budget. . Third, get smart about how to reap the benefit of your giving. Tax itemization is just one way to write off charitable donations. Charitable giving is a habit, it is a muscle you build. The more you engage in it, the better you are going to get, Peter Lipsett, VP DonorsTrust, via CNBC

Credit: Wibbitz Top Stories    Duration: 00:57Published
Twitter Abruptly Closes Offices As Wave of Employees Resign After Musk’s Ultimatum [Video]

Twitter Abruptly Closes Offices As Wave of Employees Resign After Musk’s Ultimatum

Twitter Abruptly Closes Offices , As Wave of Employees Resign After Musk’s Ultimatum. On Nov. 16, Elon Musk sent an email to employees asking them to commit to an "extremely hardcore" work ethic and put in "long hours at high intensity" or quit. Staff had until 5:00 p.m. EST on Nov. 17 to decide. Musk took to Twitter a few hours after the deadline to make his feelings known. But NBC News reports that on Nov. 18, hundreds of employees resigned. Entire teams representing critical infrastructure are voluntarily departing the company, leaving the company at serious risk of being able to recover, Anonymous Twitter engineer, to CNBC. We are skilled professionals with lots of options, so Elon has given us no reasons to stay and many to leave, Anonymous Twitter engineer, to CNBC. NBC News reports that the resignations have prompted Twitter to close all of its offices until Nov. 21. Musk has also reportedly asked some of the company's top engineers to reconsider resigning and stay with Twitter. . #RIPTwitter was trending following the resignations

Credit: Wibbitz Top Stories    Duration: 01:31Published
Amazon To Lay Off 10,000 Employees [Video]

Amazon To Lay Off 10,000 Employees

Amazon To Lay Off , 10,000 Employees. 'The New York Times' and 'The Wall Street Journal' report that a source claims that the retail behemoth will lay of thousands of workers starting this week. Amazon has never made such a large cut to its staff. The company's devices organization, human resources and retail division will mostly be impacted. . The layoffs will account for less than 1% of Amazon's global staff and 3% of corporate employees. The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. . The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. . The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. . The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. . The news comes as other major companies such as Meta, Robinhood, Microsoft, Netflix and more have announced layoffs. . CNBC reports that Amazon CEO Andy Jassy has been trying to cut costs where he can as sales slow and the economy suffers. Some of the measures the company has taken include shutting down its telehealth service, closing most of its U.S. call centers and axing its delivery robot. Some of the measures the company has taken include shutting down its telehealth service, closing most of its U.S. call centers and axing its delivery robot. Some of the measures the company has taken include shutting down its telehealth service, closing most of its U.S. call centers and axing its delivery robot. CNBC reports that Amazon shares were down 2.5% on Nov. 14. They're down 41% for the year. According to CNBC, Amazon stock "is on pace for its worst year since 2008."

Credit: Wibbitz Top Stories    Duration: 01:31Published

Walmart Walmart American multinational retail corporation

Walmart manager who shot dead six co-workers left 'death note' and said he was compared to Jeffrey Dahmer

The gunman in the Walmart mass shooting in Virginia left a "death note" addressed to God on his phone, police say.
Sky News

Walmart Mass Killer Allegedly Targeted Victims, Shot Dead Bodies

The man who fatally shot 6 of his Walmart co-workers was so angry at some of them he reportedly kept shooting them after they were already dead. Walmart manager..
TMZ.com
US shooting: six killed in a Virginia Walmart supermarket [Video]

US shooting: six killed in a Virginia Walmart supermarket

The motive for the attack is still unknown

Credit: euronews (in English)    Duration: 01:17Published
Walmart BLOODBATH as 'Manager' Opens Fire on Thanksgiving Shoppers [Video]

Walmart BLOODBATH as 'Manager' Opens Fire on Thanksgiving Shoppers

Multiple people have been shot dead after a shooting at a Virginia Walmart on Tuesday night. The gunman, believed to be the store manager, is among the dead after he turned the gun on himself after opening fire. Multiple others were injured in the shooting. The attacker's motive remains unclear. Report by Braybrooks. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:36Published

Robinhood Markets US-based financial services company

Robinhood Announces Massive Layoffs Along With Second-Quarter Earnings [Video]

Robinhood Announces Massive Layoffs Along With Second-Quarter Earnings

Robinhood Announces, Massive Layoffs , Along With Second-Quarter Earnings . On November 8, Robinhood CEO Vlad Tenev announced via press release that the fintech company would be laying off approximately 23% of its workforce. On November 8, Robinhood CEO Vlad Tenev announced via press release that the fintech company would be laying off approximately 23% of its workforce. NBC reports that the layoffs will mostly be focused on operations, marketing and program management. According to Tenev, the reduction comes as a result of , “deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad crypto market crash.”. According to Tenev, the reduction comes as a result of , “deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad crypto market crash.”. In April, Robinhood laid off 9% of its employees. I want to acknowledge how unsettling these types of changes are, Vlad Tenev, Robinhood CEO, via NBC. According to the press release, Robinhood will flatten its organizational structure, giving new general managers more responsibility for business. According to the press release, Robinhood will flatten its organizational structure, giving new general managers more responsibility for business. Directly following a November 8 all-hands meeting, Tenev said that impacted employees would be informed if they still have a job via an email and a Slack message. Directly following a November 8 all-hands meeting, Tenev said that impacted employees would be informed if they still have a job via an email and a Slack message. The announcement of the layoffs came with the company's earnings report for the second quarter, which saw declines in revenue, stock value and monthly active users. The announcement of the layoffs came with the company's earnings report for the second quarter, which saw declines in revenue, stock value and monthly active users. NBC reports that shares of Robinhood are currently down 48% compared to the same time in 2021. In July of 2021, the company went public at $38 per share, jumped as high as $85 per share and is now down to just $9.23 a share

Credit: Wibbitz Top Stories    Duration: 01:31Published

ABC News ABC News News division of the American Broadcasting Company

Yellowstone Supervolcano Contains Much More Magma Than Previously Thought, Scientists Say [Video]

Yellowstone Supervolcano Contains Much More Magma Than Previously Thought, Scientists Say

Yellowstone Supervolcano Contains , Much More Magma Than Previously Thought, , Scientists Say. ABC News reports that new Yellowstone research was published on Dec. 1 in 'Science.'. Researchers found that in addition to containing substantially more magma under its caldera. the lava is moving at shallow depths, which gave way to previous eruptions. . We found that it's likely that Yellowstone's crustal magma reservoir holds more melt than previously was thought, Ross Maguire, study author, via ABC News. Study author Ross Maguire said that previous studies estimated partial melt fraction to be between 5% and 15%, but now there appears to be up to 20%. The findings indicate the potential for future eruptions, though there aren't any signs that one will happen any time soon. While Yellowstone draws attention for its ability to produce "catastrophic, explosive eruptions," Maguire says that's not the volcano's most common type of eruption. They would be of a similar size to what's happened in the very recent Yellowstone history that's produced a series of lava flows that filled the most recent caldera after the most recent really large eruption, Ross Maguire, study author, via ABC News. Still, researchers say constant monitoring of Yellowstone's subsurface is crucial to determine if circumstances start to dramatically change

Credit: Wibbitz Top Stories    Duration: 01:31Published
North Korea Launches ICBM With Range To Hit United States [Video]

North Korea Launches ICBM With Range To Hit United States

North Korea Launches ICBM , With Range To Hit United States. ABC News reports that according to Japan's Defense Minister, North Korea has fired an intercontinental ballistic missile (ICBM) capable of traveling at least 9,300 miles. This range reportedly puts the U.S. mainland within North Korea's reach. The test missile landed in northern Japan, prompting Misawa Air Base staff and personnel to seek cover for over 20 minutes as a precautionary measure. The test missile landed in northern Japan, prompting Misawa Air Base staff and personnel to seek cover for over 20 minutes as a precautionary measure. At this time, there are no additional indications or warnings of an immediate threat to Misawa Air Base, Commander Michael Richard, via statement. At this time, there are no additional indications or warnings of an immediate threat to Misawa Air Base, Commander Michael Richard, via statement. President Biden has been briefed on the matter. Vice President Kamala Harris issued a statement from Bangkok where she is taking part in the Asia-Pacific Cooperative forum (APEC). This conduct by North Korea most recently is a brazen violation of multiple UN Security Resolution. It destabilizes security in the region and unnecessarily raises tensions, Vice President Kamala Harris, via statement. We strongly condemn these actions, and we again call for North Korea to stop further unlawful, destabilizing acts. , Vice President Kamala Harris, via statement. On behalf of the United States, I reaffirm our ironclad commitment to our Indo-Pacific Alliances. , Vice President Kamala Harris, via statement. Together the countries represented here will continue to urge North Korea to commit to serious and sustained diplomacy, Vice President Kamala Harris, via statement

Credit: Wibbitz Top Stories    Duration: 01:30Published
Mike Pence Thinks ‘We’ll Have Better Choices in the Future’ Than Donald Trump [Video]

Mike Pence Thinks ‘We’ll Have Better Choices in the Future’ Than Donald Trump

Mike Pence Thinks , ‘We’ll Have Better Choices in the Future’ , Than Donald Trump. Mike Pence Thinks , ‘We’ll Have Better Choices in the Future’ , Than Donald Trump. CNN reports that in a recently-released interview with ABC News, Pence said he and his family are giving "prayerful consideration" to a 2024 presidential run. The former vice president also said that America will have "better choices in the future" than Trump. The former vice president also said that America will have "better choices in the future" than Trump. I think we’ll have better choices in the future. People in this country actually get along pretty well once you get out of politics. , Mike Pence, via ABC News interview. And I think they want to see their national leaders start to reflect that same, that same compassion and generosity of spirit. , Mike Pence, via ABC News interview. And I think, so in the days ahead, I think there will be better choices, Mike Pence, via ABC News interview. And for me and my family, we will be reflecting about what our role is in that, Mike Pence, via ABC News interview. Trump is expected to announce on the evening of Nov. 15 that he's running for president for a third time. While he still has many diehard supporters. Gov. Ron DeSantis is considered a strong contender for the GOP nomination.

Credit: Wibbitz Top Stories    Duration: 01:31Published

Related videos from verified sources

US employment numbers defy skeptics and still climbing as inflation fears deepen [Video]

US employment numbers defy skeptics and still climbing as inflation fears deepen

America’s hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a recession. July’s hiring was up from 398,000 in June. The..

Credit: Rumble     Duration: 00:22Published
U.S. job growth surges in July easing recession fears [Video]

U.S. job growth surges in July easing recession fears

The U.S. added 528,000 jobs in July, with the leisure and hospitality industry leading employment growth. The labor market has now recouped all the jobs lost during the global health crisis.

Credit: Rumble     Duration: 01:17Published
July jobs report more than doubles expectations as the unemployment rate drops [Video]

July jobs report more than doubles expectations as the unemployment rate drops

The U.S. added 528,000 jobs in July, more than double what economists had predicted. With that boost, the unemployment rate fell to 3.5%, back to pre-pandemic levels and the lowest it's been..

Credit: Rumble     Duration: 03:05Published