This is a carousel. Use Next and Previous buttons to navigate 5 SACRAMENTO, Calif. (AP) — California's unemployment rate fell to 3.9% in July, the lowest point since 1976 as employers in the the nation's most populous state continued to defy expectations by adding 84,800 new jobs. Record-high inflation coupled with a cool-down in the housing market have prompted warnings of an economic slowdown as consumers react to high prices for goods from groceries to gasoline. But new numbers released Friday by California's Employment Development Department show its labor market has so far been immune from those issues, as the state has had month-over-month job growth in 17 out of the last 18 months. Nationwide, unemployment rates dropped in 14 states in July, rose in three states and stayed the same in 33 states, according to the U.S. Bureau of Labor Statistics. California now has a slightly lower unemployment rate than Texas, but is … [Read more...] about California sets new low unemployment record in July
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BOP deficit widened to $1.8B in July
The worsening imbalance in favor of imports bound for the Philippines over exports brought the country’s balance of payments (BOP) to a deficit of $1.8 billion in July, according to the Bangko Sentral ng Pilipinas (BSP), a reversal from the surplus of $642 million recorded in July 2021 and wider than the $1.57 billion recorded in June. “The BOP deficit in July 2022 reflected outflows arising mainly from the national government’s foreign currency withdrawals from its deposits with the BSP to settle its foreign currency debt obligations and pay for its various expenditures,” the BSP said. The Bureau of the Treasury has not yet released data on the national government’s debt stock for the end of July. But as of the end of June, outstanding foreign debt amounted to a total equivalent to P4.02 trillion. Also, the end-July BOP brought the seven-month or January-July result to a deficit of $4.9 billion or more than thrice the $1.3-billion deficit recorded in the same period of 2021. … [Read more...] about BOP deficit widened to $1.8B in July
Domino’s slashes the prices of all size pizzas in July deal – but for a limited time
Now that the heatwave has finally hit the UK, there's nothing we'd enjoy less than being in a sweltering kitchen for the foreseeable. Many of us have no doubt been tucking into 'picky' bits and BBQ favourites for quick and simple meal times. But if pizza is your takeaway of choice and you're looking to treat yourself and your family to something tasty for dinner, you're in luck. Domino's has announced a money-saving offer by slicing the price of all size pizzas, giving customers the opportunity to grab a piping hot treat for as little as £8. The deal is available now at Domino's and will last until Sunday (July 24). Until July 24, all small pizzas will be priced at £8, with medium sized pizzas going for just £10 and pizza lovers can go large for just £12. Whether you have a date night indoors planned, or an evening with friends, everyone can get a slice of the action with two medium pizzas costing only £20 - how good is that? Just remember that the big Domino's … [Read more...] about Domino’s slashes the prices of all size pizzas in July deal – but for a limited time
Legendary Travel Writer and Editor Don George Shares His Secrets
Many of the world’s best travel writers, editors, publishers and photographers landed in Corte Madera this week, for Don George’s annual Book Passage Travel Writers and Photographers Conference . The event was launched “on a whim” back in 1992: Book Passage owner Elaine Petrocelli called and said they should start a multi-day conference for travel writers at the bookstore, George said yes and invited journalist and travel writer Jan Morris (“one of the greatest human beings of all time”) to be their guest of honor. Now in its 30th year and still held at the beloved Bay Area bookstore, mornings are devoted to workshops, with panels in the afternoon that cover everything from social media to finding your story in the field. Basically, everything you need to know to be a travel writer or photographer. “I’m proud the conference is still going and has evolved into what it is today — it’s one of the highlights of my year,” says George, who lives just over the Bay in the tiny town of … [Read more...] about Legendary Travel Writer and Editor Don George Shares His Secrets
Tim Ryan accused of violating House Ethics rule during Ohio Senate campaign
close Video Tim Ryan unsure if he wants Biden to join him on campaign trail in Ohio Sen. Tim Ryan, D-Ohio, on the latest of the midterms. NEW You can now listen to Fox News articles! EXCLUSIVE: Democratic Rep. Tim Ryan is under fire for allegedly violating House ethics rules in his bid for one of Ohio's U.S. Senate seats. The Foundation for Accountability and Civic Trust (FACT) filed a complaint with the House Ethics Committee against Ryan Tuesday. The government watchdog says the Ohio Democrat and his campaign communications director may have violated ethics rules by using footage from the House floor in his Senate campaign. FACT's complaint claims that Ryan's Senate campaign and his communications director used images from House floor proceedings on social media . OHIO REP. TIM RYAN ACCUSED OF ABUSING HOUSE PROXY VOTING TO CAMPAIGN FOR SENATE Democratic U.S. Senate candidate Rep. Tim Ryan answers a … [Read more...] about Tim Ryan accused of violating House Ethics rule during Ohio Senate campaign
Finnish PM defends dancing, takes drug test to clear herself
This is a carousel. Use Next and Previous buttons to navigate 3 COPENHAGEN. Denmark (AP) — Finland’s Prime Minister Sanna Marin said Friday she has taken a drug test “for her own legal protection” after a video was leaked of her dancing and lip-syncing songs at a private party. Marin defended her actions, saying she drank alcohol with friends but did not do any drugs. A video posted on social media Thursday shows six people at a party dancing and lip-syncing a song, including Marin. Later in the video, the 36-year-old prime minister is on her knees dancing while lip-syncing. “I have taken a drug test for my own legal protection, the results of which will come in about a week,” Marin told a news conference Friday, according to the Hufvudstadsbladet newspaper. Speaking in English, Marin, the Nordic country's youngest-ever prime minister, said she didn’t have any government meetings that weekend and "I had some time off and I spent it with my … [Read more...] about Finnish PM defends dancing, takes drug test to clear herself
Lawyers argue to delay North Dakota law banning abortion
This is a carousel. Use Next and Previous buttons to navigate 6 BISMARCK, N.D. (AP) — Lawyers for North Dakota’s lone abortion clinic that two weeks ago closed its doors asked a judge Friday to delay the start of the state’s trigger law banning the procedure. The abortion ban is set to go into effect on Aug. 26. The Red River Women’s Clinic in Fargo argued for a preliminary injunction as part of a lawsuit that says the ban violates the state constitution. Burleigh County District Judge Bruce Romanick said he would make a decision on the motion by the end of next week. He did not say how they would proceed with the lawsuit. Romanick put the trigger ban on hold last month when he ruled that Attorney General Drew Wrigley was premature in setting a July 28 closing date. The judge issued a temporary restraining order that in effect gave the Fargo clinic time to transition to a new location in nearby Moorhead, Minnesota, where … [Read more...] about Lawyers argue to delay North Dakota law banning abortion
Has the bear market really gone into early hibernation?
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here . You can listen to an audio version of the newsletter by clicking the same link. New York (CNN Business) The bears and bulls are at it again. Markets have seemingly recovered from a miserable downturn in mid-June that sent the S&P 500 ( SPX ) down more than 20%, but analysts and investors can't tell whether it's clear skies ahead or if they're in the eye of the storm. Things are looking pretty good right about now. The 9.2% return in the S&P 500 last month marked its best July since the Great Depression. Jurrien Timmer of Fidelity Investments noted recently that 88% of all stocks in the index are currently sitting pretty above their 50-day moving average. "If this rally continues much further than it has so far, on a historical basis it will be hard to conclude that this is not a new bull market," he … [Read more...] about Has the bear market really gone into early hibernation?
America’s small businesses are running out of workers
(CNN) The pandemic forced Freed Bodyworks, a wellness center offering massage therapy, yoga, acupuncture, mental health counseling and other services, to shut down for four months. But while clients returned when it reopened in the summer of 2020, workers did not. Almost two years later, owners Frances Reed and Jessica VonDyke were forced to shut the business' doors. "I couldn't hire anyone," said Reed. "We never had trouble with our demand for services. It was 100% a supply issue for us." Freed Bodyworks Holistic Wellness Center in Washington, DC. Before the pandemic, Freed Bodyworks had 20 practitioners booking up to 550 clients a month. It reopened with a skeleton crew of eight -- too few, Reed said, to bring in enough revenue to sustain the business. Two former staffers had departed for graduate school, three had moved to areas with a lower cost of living and several had to take on caregiving roles in their families. … [Read more...] about America’s small businesses are running out of workers
The cord has been cut. Streaming is more watched than cable
New York (CNN Business) The cord has been cut. For the first time ever, Americans are watching more streaming TV than cable, according to a report from Nielsen . The milestone has long been expected as viewers change their viewing habits and ditch their pricey cable bundles for cheaper alternatives. In July, streaming amounted to 34.8% in the share of total TV consumption, a growth of nearly 23% within the past year. Cable and broadcast viewership both dropped year over year, with the former amounting to 34.4% and the latter making up just 21.6%. Both fell around 10% compared to July 2021. Nielsen notes streaming has surpassed broadcast before, but its the "first time it has also exceeded cable viewing." Netflix, Hulu and YouTube also captured record-high shares, with Netflix ( NFLX ) being the biggest streaming platform thanks to "Stranger Things'" new season. The report's findings aren't surprising, but it is an inflection point for … [Read more...] about The cord has been cut. Streaming is more watched than cable