Washington - Unemployment in the United States remained steady at a rate of 6.1 per cent in September, unchanged from the month before, with some 9.5 million people out of work, the US Labor Department reported Friday.
But the department noted that non-farm payrolls had shed 159,000 jobs, with employment continuing to fall in construction, manufacturing and retail trade.
In August, unemployment had risen by 0.4 percentage points.
Washington, Oct 3: CIA Director Michael Hayden has said that The fragile state of North Korea and the booming, oil-rich trio of Iran, Venezuela and Russia have grown increasingly aggressive and pose some of the greatest security challenges for the next US President.
Hayden told FOX News that weakness and poverty have made North Korea more aggressive as it threatens to restart work on its nuclear weapons programme.
“This is a country in very, very desperate straits. But out of this weakness, out of this very fragility, there’s this danger of great chaos; they seem to have a knack for using that very fragility to the best of their ability to affect the nations around them - ourselves included,” he said.
Washington - An influential international banking lobby group on Thursday called for urgent and bold actions globally, particularly from European nations, to stabilise troubled financial markets.
A systemic, internationally coordinated response in the US and Europe was essential at this point, even requiring large - if temporary use - of government funds, said the Institute of International Finance's (IIF) director Charles Dallara.
Washington, Oct 2: The United States Senate approved the landmark Indo-US civil nuclear deal early on Thursday morning.
The 100-member US Senate approved the Indo-US nuclear deal paving the way for its operationalisation. While 86 Senators voted for the deal, 13 opposed it.
The US Senate approved the legislation on the deal four days after the US House of Representatives passed the agreement by a clear majority (298-117 votes).
The Berman Bill “H R 7081” is named after Howard Berman, a Democrat strongly opposed to the deal on non-proliferation grounds but who subsequently change his stance.