U.S. employers added 64,000 jobs in November, after payrolls fell by 105,000 in October, the government reported in releases that arrived late because a 43-day federal government shutdown delayed key labor-market data. The unemployment rate rose to 4.6%, the highest since 2021, up from 4.4% in September; no October unemployment rate was published because the shutdown disrupted the household survey…
Seven Tariff Letters to Be Sent as August 1 Deadline Looms President Donald Trump has intensified his trade offensive by announcing that at least seven new tariff letters will be delivered to U.S. trade partners on Wednesday, warning that a strict deadline of August 1 will not be extended. This move is part of a broader strategy aimed at pressuring…
President Donald Trump has announced that starting August 1, the United States will impose 25% tariffs on a wide range of imports from Japan, South Korea, and 12 other countries. The decision was published through formal letters addressed to each country’s leadership and posted on Trump’s Truth Social platform. According to the documents, the tariffs aim to correct trade imbalances…
Australian airline confirms third-party platform was compromised; investigation underway. Qantas Airways has confirmed that a cyberattack on a third-party customer service platform has exposed the personal data of up to six million customers, in what could be one of the most significant data breaches in the country’s aviation sector. In a statement released Wednesday, the airline said the breach was…
On July 3, 2025, after intense overnight negotiations, the U.S. House of Representatives narrowly passed President Trump’s sweeping tax-and-spending package, dubbed the One Big Beautiful Bill, by a vote of 218–214. This nearly 900‑page legislation had previously cleared the Senate in a 51–50 tie, with Vice President J.D. Vance casting the deciding vote. The passage fulfills Trump’s self-imposed deadline ahead…
With low adoption rates, the Kingdom ramps up infrastructure and manufacturing to meet 2030 targets. Slow Start, Fast Growth Electric vehicles currently make up just over 1% of new car sales in Saudi Arabia, far below the global average of 18% recorded in 2023. But that figure may soon change as the Kingdom intensifies efforts to become a hub for…
Tesla reported a sharp decline in electric vehicle deliveries for the second quarter of 2025, selling 384,122 units, down from 443,956 during the same period last year, a 13.5% drop. This slump, the steepest year-over-year decline by volume in the company’s history, reflects a growing consumer backlash tied to Elon Musk’s outspoken political views and recent alignment with former President…
