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Friday, April 04, 2025

The U.S. economy added far more jobs than expected in March, but President Donald Trump's sweeping import tariffs could test the labor market's resilience in the months ahead amid sagging business confidence and a stock market selloff. Nonfarm payrolls increased by 228,000 jobs last month after a downwardly revised 117,000 rise in February, the Labor Department said in its closely watched employment report on Friday. Economists polled by Reuters had forecast payrolls advancing by 135,000 jobs after a previously reported 151,000 rise in February. Estimates ranged from 50,000 to 185,000. The unemployment rate rose to 4.2% from 4.1% in February. The labor market is being underpinned by low layoffs, generating solid wage gains that are helping to sustain the economic expansion.


Thursday, April 03, 2025

New York City Mayor Eric Adams on Thursday said he will pull out of the city's Democratic primary and instead run for reelection as an independent, arguing that his recently dismissed federal bribery case had made it impossible to mount a primary campaign. read more


Before Donald Trumps inauguration, Whoopi Goldberg consistently took a tone of moderation and restraint, repeatedly promising to take a wait-and-see approach before losing her cool. But she had a remarkably different stance on Wednesday's (March 19) episode of The View. The first "Hot Topic" discussion of the day was, once again, Chuck Schumers decision to vote to keep the government open, which gave Donald Trump a legislative win and angered many members of his party. After a spirited discussion where the cohosts made many of the same points they did in prior episodes " particularly Sunny Hostin, who doubled down on her assertion that Schumer "caved" to Trump " and they debated some of the infighting that has resulted in the party, Goldberg shared a call to action to audiences who are displeased by what Trump is doing in the White House. read more


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