A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna Rose Layden | Getty Images September’s outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open glide path to … Read more
U.S. crude oil on Friday posted its biggest weekly gain in more than a year, as traders fear Israel could strike Iran’s crude facilities in retaliation for Tehran’s ballistic missile attack. U.S benchmark West Texas Intermediate surged 9.09% this week for the biggest weekly gain since March 2023. Global benchmark Brent jumped 8.43% for the … Read more
The Dome of the Rock on the Al-Aqsa compound, also known to Jews as the Temple Mount is seen as projectiles fly through the sky, after Iran fired a salvo of ballistic missiles at Israel, as seen from Jerusalem October 1, 2024. Jamal Awad | Reuters Israel said it had targeted the intelligence headquarters of Hezbollah in Beirut and … Read more
Vista Outdoor on Friday agreed to sell itself in parts to two separate buyers for a total of $3.35 billion, including debt, after fending off a hostile suitor that pursued the sporting goods and ammunitions maker for months. Vista struck a deal to sell its sporting goods unit, Revelyst, to investment firm Strategic Value Partners for $1.1 billion, according to a statement seen by Reuters. It has also agreed to revise … Read more
The US military says it has launched strikes on the Iranian-backed Houthi group in Yemen, hitting 15 targets. The Pentagon said it used aircrafts and warships to launch the attacks in order “to protect freedom of navigation”. Several explosions were reported in some of Yemen’s main cities, including the capital Sanaa. Since November, the Houthis … Read more
Getty Images President Mahamat Déby, the son of the previous president, was first elected in May Chad, a decades-old ally of France, is now cleverly playing off Russia and its traditional Western partners, deepening relations with Moscow in a ploy that irritates and pressures Paris and Washington. President Mahamat Déby visited his Russian counterpart, Vladimir … Read more
Maya Meshel / BBC A few metres from a charred home in Kibbutz Be’eri, Simon King tends to a patch of ground in the sunshine. The streets around him are eerily quiet, the silence punctuated only by the sound of air strikes that ring in the near distance. In this community almost a year ago, … Read more
President Joe Biden has said he does not know whether Israel’s Prime Minister Benjamin Netanyahu is holding off on agreeing a Gaza ceasefire deal in order to influence next month’s US election. In his first appearance at a White House press briefing of his presidency, Biden told reporters: “Whether he’s trying to influence the election, … Read more
Former President Donald Trump (L) and JP Morgan CEO Jamie Dimon. Reuters JPMorgan Chase on Friday flatly denied that its CEO, Jamie Dimon, has endorsed Donald Trump for president, minutes after the Republican nominee claimed on social media that Dimon is now backing him. “Jamie Dimon has not endorsed anyone. He has not endorsed a … Read more
Getty/BBC Community volunteer Alfie Malone and reporter Kristen Griffith both struggled with what to make of an offensive audio clip that turned out to be fake When an audio clip appeared to show a local school principal making derogatory comments, it went viral online, sparked death threats against the educator and sent ripples through a … Read more