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The number of Americans filing for jobless benefits falls to lowest level in 6 months as layoffs remain at healthy level
B.Martinez2 hr ago
(Bloomberg) - Australia's run of hiring gains slowed in October, while the unemployment rate held steady, underscoring the resilience of the labor market to elevated interest rates. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsArizona Elections Signal Robust Immigrat Democratic strategist David Axelrod argued President-elect Trump's second administration has a "wholly different feel" from his first team. "Say what you will about the direction he wants to take the country but this is a wholly different feel from 2016. Trump is stocking his admin with seasoned loyalists who will not guide, but rather BE... Wanda Sykes said that even though she "got her hopes up," about Kamala Harris potentially winning the election, she wasn't surprised when Donald Trump won—and she revealed why on Tuesday's Jimmy Kimmel Live. "I mean it's so many reasons why you can say it happened," Sykes said on the show, "But I think you know, a lot of us aren't, like, totally shocked" because "sometimes America is just gonna America." Even though she wasn't floored by the results, Sykes admitted she's not feeling great about Former national security adviser John Bolton said Wednesday that former Rep. Tulsi Gabbard (Hawaii) and Rep. Matt Gaetz (R-Fla.)—President-elect Trump's nominees for director of national intelligence (DNI) and attorney general, respectively— should not appear for their Senate confirmation hearings until they are investigated by the FBI. In an interview on NewsNation's "The Hill," Bolton said... Members of President-elect Donald Trump's transition team are drawing up a list of military officers to be fired, potentially to include the Joint Chiefs of Staff, two sources said, in what would be an unprecedented shakeup at the Pentagon. The planning for the firings is at an early stage after Trump's Nov. 5 election victory and could change as Trump's administration takes shape, said the sources, who are familiar with the Trump transition and requested anonymity to speak candidly about the plans. One of the sources questioned the feasibility of a mass firing at the Pentagon. The U.S. Senate election in Pennsylvania between Democratic incumbent Sen. Bob Casey and Republican David McCormick is headed for a statewide recount, as counties continued Wednesday to sort through outstanding ballots and the campaigns jousted over which ones should count. The Associated Press called the race for McCormick last week, concluding that not enough ballots remained to be counted in areas Casey was winning for him to take the lead. A noon deadline passed Wednesday for Casey to waive his right to a statewide recount and Democratic Gov. Josh Shapiro's top election official, Secretary of State Al Schmidt, a Republican, announced that preliminary results had triggered a legally required statewide recount. New York Rep. Elise Stefanik, President-elect Donald Trump's pick for US ambassador to the United Nations, is now refusing to stand by her previous push for Ukraine's NATO membership — a stance she once framed as critical to regional stability. Rep. Matt Gaetz is resigning from Congress, effective immediately, just hours after President-elect Donald Trump named the Republican firebrand as his selection for attorney general. House Speaker Mike Johnson confirmed the news to reporters Wednesday night, saying that he hopes to have a replacement for his seat by Jan. 3. "He issued his resignation letter effective immediately," Johnson said. "That caught us by surprise a little bit." Sen. Lindsey Graham (R-SC) pleaded with fellow Republicans to back Donald Trump's choice as attorney general, Matt Gaetz, after initially sounding skeptical about the bombshell pick. Appearing on Fox News' Hannity on Wednesday, Graham said: "To every Republican, give Matt a chance." His remark came amid a growing rebellion from GOP ranks over the surprise decision. Several Republican senators openly showed their disdain, saying it wasn't a "serious" appointment. Donald Trump landed in Washington Wednesday to celebrate Republicans' soon-to-be control over the White House and Congress, and visit lame-duck President Joe Biden in person. Trump and Biden were seated in chairs next to each other by a crackling fire in the Oval Office for a photo opportunity ahead of their first official transition meeting. "Politics is tough and in many cases it's not a nice world but it is a nice world today," Trump said in their roughly one-minute appearance before cameras. President-elect Donald Trump's return to the White House already carried potentially sweeping changes for the Federal Reserve. But now a growing question is not how the Fed will operate under Trump but if it'll continue to operate at all. Rep. Dan Goldman, D-N.Y., plans to file a resolution in the House on Thursday that would express support for the 22nd Amendment of the Constitution.
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