Business

The Memo: Weak Jobs Data, Political Polls, and Legal Controversy

The Memo: Weak Jobs Data, Political Polls, and Legal Controversy

A weak jobs report in August, released by the U.S. Bureau of Labor Statistics, showed only 23,000 new jobs created, far below the 80,000 predicted by economists. Democrats immediately used the number to criticize President Trump’s economic policies, highlighting the report as a key issue ahead of the midterms.

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US Promises $1 Billion Security Aid to Colombia

US Promises $1 Billion Security Aid to Colombia

The Trump administration plans to provide $1bn in security assistance to the government of Colombia’s new rightwing president, the US state department announced.

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SpaceX Shares Sink After Earnings Reveal Big AI Spending Plans

SpaceX Shares Sink After Earnings Reveal Big AI Spending Plans

SpaceX shares dropped sharply following its first-ever earnings report, which revealed aggressive spending on AI infrastructure. The company spent $18.4 billion on capital expenditures during the quarter, according to globalnews.ca.

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El Niño Could Push 50M into Acute Hunger by 2027

El Niño Could Push 50M into Acute Hunger by 2027

About 50 million people could be pushed into acute hunger before the end of next year due to a rapidly developing El Niño weather system, according to recent forecasting.

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