Business


Trump's Paris pullout sparks protests and new climate pledges around the world

The UN World Meteorological Organisation said that, in the worst scenario, the USA pullout could add 0.3° to global temperatures by the end of the century. A national poll conducted by the Yale Program on Climate Communication found that by more than 5 to 1, voters said the United States should participate in the Paris Agreement .


May Jobs Report Disappoints Despite 16-Year Unemployment Low

May Jobs Report Disappoints Despite 16-Year Unemployment Low

In the past two years, the U-3 rate has returned to the prerecession levels that economists consider full employment. USA job growth slowed in May as a slide in the labor force participation rate helped pressure the nation's unemployment rate, suggesting the labor market is edging closer to full employment as doubts linger about the economy's growth trajectory in the second quarter.



Blow to Donald Trump as US jobs growth slows down

The payroll survey asks companies about jobs in the week that includes the twelfth of the month. US 10-year Treasuries rose 19/32 in price to push their yields down to 2.1487 percent. It's still 90 percent for June in two weeks. They also supported the outlook for possibly another hike by the year-end, likely in September. "That is the legacy of the FOMC rate hikes underachieving relative to FOMC projections for so many years".


Pujols hits 600th home run

Pujols hits 600th home run

Los Angeles Angels' Albert Pujols , left, scores after hitting a grand slam, the 600th homer of his career, as teammates wait to greet him during the fourth inning of a baseball game against the Minne. The homer was caught on the fly by Scott Steffel, a 23-year-old graphic designer and die-hard Angels fan who had been coming to games with his father and brother all week since seeing Pujols' 599th homer.


Kremlin says Russian Federation committed to Paris pact

Kremlin says Russian Federation committed to Paris pact

With the United States charting its exit from the worldwide Paris climate accord, the European Union president said the onus was now on Europe and China to take the lead. Chief executive Odd Arild Grefstad cited the growth of renewable energy in US states such as Texas, New York and California as signs that "the world has started the transition from fossil to a renewable economy".