Biden Needs To Get Cognitive Testing: CNN’s Chief Medical Correspondent [VIDEO]

U.S. employers added 206,000 jobs in June, more than expected and slightly below the revised 218,000 added in May, a sign the labor market remains solid. The unemployment rate ticked up slightly to 4.1% vs. 4%.  This as both April and May data points were adjusted lower by a combined 111,000, signaling fewer jobs created. This may please the Federal Reserve, which is looking for signs inflation is easing.  U.S. stocks rose following the report.  Average hourly...

US hiring and wage growth stepped down in June while the jobless rate rose to the highest since late 2021, bolstering prospects that the Federal Reserve will begin cutting interest rates in coming months. Nonfarm payrolls rose by 206,000 and job growth in the prior two months was revised down by 111,000, the Bureau of Labor Statistics said Friday. The median forecast in a Bloomberg survey of economists called for a 190,000 increase.

The Labor Department reported on Friday that the U.S. added a solid 206,000 jobs last month, slightly beating expectations and continuing a remarkably strong run. But the unemployment rate ticked up to 4.1%, a sign of slack in a labor market that has already shown some hints of gradually slowing down. There were other indications as well that the job market is continuing to cool. Average hourly earnings were up 3.9% in June from a year earlier, marking their smallest gain since...

Those searching for the moment Labour’s election landslide was confirmed should look no further than 3:15 a.m. on Friday. That was when the seat of West Bromwich flipped from Conservative to Labour with a majority of nearly 10,000 — despite Keir Starmer’s party only growing its vote share by four points. Most of the 27-point drop in Conservative support in the West Midlands seat was likely driven by Reform UK, the insurgent right-wing party led by Nigel Farage, which won 20% of the vote.

President Joe Biden is facing an uprising from some his own party’s wealthy donors, including an heiress to the Disney family fortune, who say they will no longer fund the Democratic Party until Biden drops out of the presidential race following his disastrous debate performance. Abigail Disney, granddaughter of Roy O. Disney, who co-founded The Walt Disney Co., told CNBC on Thursday that she plans to withhold donations to the party she has funded for years...

One of America’s political parties has a presidential candidate who is really old and showing it. The other has a presidential candidate who is a convicted felon, adjudicated sexual abuser, business fraudster and self-described aspiring dictator for a day. And also really old. One of the parties is up in arms about its nominee and trying to figure out how to replace him at the last minute. The other is not. The spectacle of the week since the nationally televised debate...

Elon Musk’s social media site X could face major fines over its alleged failure to police dangerous content – the latest move in an ongoing crackdown by European Union regulators against major tech firms. The commission had announced last December that they were probing X over the spread of illegal content and misinformation related to the Israel-Hamas war. The European Commission, the EU’s competition watchdog, is set to hit X with formal charges in the coming days, ...