Employers in the United States only added a paltry 210,000 jobs in November, sharply below consensus forecasts of 550,000. The number is more than half as many as in October. The underwhelming job creation numbers triggered Wall Street stock futures to shoot up, as investors bet it would ease pressure on the Fed to accelerate … Read more
Chinese workers in the United States have been ordered by China’s ruling Communist Party to maintain “political purity,” leaked documents have revealed. The international arm of the Chinese regime’s state broadcaster ordered some of its contracted American workers to distance themselves from persecuted faith group Falun Gong, an internal document supplied to The Epoch Times … Read more
U.S. consumer confidence has been driven down to a nine-month low in November due inflation concerns and, to a lesser extent, lingering worries about the pandemic, according to The Conference Board. In November, The Conference Board’s consumer confidence index fell to a reading of 109.5, down from 111.6 in October, according to a Nov. 30 … Read more
An American biotechnology company is devloping a version of its COVID-19 vaccine that specifically targets the newly identified variant of the virus – Omicron. Maryland-based Novavax has already started developing the version, with plans to start testing it next month. The updated formulation revolves around a new spike protein, which triggers a response from the … Read more
The Biden’s adminstration’s Department of the Interior (DOI) is calling for higher fees to be imnplemented for both onshore and offshore oil and gas companies. A new DOI report on oil and gas leasing in federal lands and waters advises the DOI’s Bureau of Land Management (BLM) to raise royalties, rental rates, and other fees … Read more
A rapidly growing number of U.S. retailers are raising the alarm on organized looting that is eating into the profits of many major urban markets across the country. Consumer electronics retail giant Best Buy is reporting decent third-quarter earnings (pdf), topping market estimates. The company found more Americans upgraded their home technologies and kitchen appliances. … Read more
On this year’s Black Friday, November 26, Amazon employees around the world will be holding a strike against the company to demand fair pay for workers, among other things. Black Friday is one of the busiest shopping days of the year and will surely hit the company hard. A coalition of over 200 million workers and … Read more
Police hold a news conference on the investigation into an incident in which a vehicle ploughed into a parade in Waukesha, Wisconsin. WATCH:
SEOUL—South Korea’s transport ministry said on Friday it will allow the operation of Boeing 737 MAX aircraft starting Nov. 22 after two deadly crashes in Indonesia and Ethiopia led to the plane’s grounding in March 2019. The Ministry of Land, Infrastructure, and Transport said in a statement that it had decided to allow the resumption … Read more
Vehicles from Tesla Inc. and electric sport utilities from rival brands are among the least reliable models sold in the United States, a reflection of the risks of new technology, Consumer Reports said on Thursday. Consumer Reports, a nonprofit organization that evaluates products and services, said Tesla, the world’s most valuable automaker, ranked 27th out … Read more