Press review · Wednesday, 6 August 2025
06 August 2025
3,131 articles: 08 May 2025 – 27 October 2026
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abcnews.go.com
Trump's job market promises fall flat as hiring collapses and inflation ticks up
The U.S. job market has gone from healthy to lethargic during President Donald Trump’s first seven months back in the White House
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wtop.com
Trump’s job market promises fall flat as hiring collapses and inflation ticks up - WTOP News
WASHINGTON (AP) — The U.S. job market has gone from healthy to lethargic during President Donald Trump’s first seven months back in the White House, as hiring has collapsed and inflation has started…
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foxbusiness.com
Tylenol maker shares sink after report says RFK's HHS will link drug to autism
Shares in the the parent company of Tylenol-maker McNeil Consumer Healthcare sank after a report suggested Robert F. Kennedy Jr.'s HHS will name the drug a potential cause of autism.
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gamedeveloper.com
2K confirms layoffs at Civilization developer Firaxis
2K says the decision will "restructure and optimize" its teams within Firaxis. Sources say dozens could be impacted.
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Trump admin ditches Biden-era plan to make airlines pay compensation for flight disruptions
The Trump administration has decided to abandon a Biden-era plan that would have required airlines to pay cash compensation and cover lodging and meals for stranded passengers when airlines cause flight cancellations or changes
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theguardian.com
Revisions and rising unemployment: what to know about the US jobs report
August’s report gave signs of a cooling labor market with negative job numbers for the first time since 2020 – here’s what we learned
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A preliminary report on Lisbon's streetcar tragedy is expected Friday
A Portuguese government agency plans to release the first report examining what caused a streetcar packed with tourists and locals to derail in downtown Lisbon, killing 16 people
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Why Trump’s firing of the US jobs chief has economists worried
Economists warn credibility of Bureau of Labor Statistics at risk after Trump ousts commissioner over job numbers
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Hiring slowdown continues in 1st jobs report since Trump fired commissioner
A weak jobs report last month showed a sharp hiring slowdown.
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nbcnews.com
Jobs report expected to show weakness in labor market
The August report due out Friday morning will be the first since President Donald Trump fired a top Labor Department official over accusations of releasing inaccurate data.
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bostonglobe.com
Harvard scientists laud federal court ruling in war with Trump administration - The Boston Globe
Several scientists said the court decision should embolden Harvard to break with Ivy League peers and refuse to negotiate a settlement with Trump administration.
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US justice department reportedly opens criminal inquiry into Fed governor Lisa Cook
Officials to investigate claims of mortgage fraud against Cook, who has refused to accept firing by Donald Trump
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usatoday.com
US oil giant ConocoPhillips will lay off up to 25% of its global workforce
The U.S. oil giant announced layoffs as crude futures prices have decreased by about 11% this year.
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Powerball winning numbers for $1.4 billion jackpot on Wednesday, Sept. 3
The Powerball jackpot is now $1.40 billion for Wednesday, Sept. 3, after no one won the top prize on Monday, Sept. 1.
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Federal judge rules that Trump administration unlawfully cut nearly $3 billion of Harvard’s research funding - The Boston Globe
The decision found that the Trump administration violated federal laws and Harvard’s First Amendment rights in canceling the grants. The Trump administration is likely to appeal.
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Amazon is tightening restrictions on shared Prime accounts. Here's who is impacted.
Amazon is ending its program allowing members to share shipping benefits with people outside of their household, instead shifting to household-only sharing.
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nbcnews.com
Trump family's American Bitcoin makes stock market debut
The Trumps’ latest foray into crypto is renewing ethics concerns amid the president’s push to deregulate the frontier industry.
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nbcnews.com
McDonald's CEO warns of 'a two-tier economy' as lower-income consumers spend less
The fast-food giant's CEO cited growing evidence that upper-income households are spending freely while the rest are struggling.
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aljazeera.com
OpenAI announces parental controls for ChatGPT after teen’s suicide
AI company announces changes amid growing concern over the impact of chatbots on young people’s mental health.
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Historic Powerball jackpot grows again. When is the next drawing?
The Wednesday, Sept. 3 Powerball jackpot is at $1.3 billion, making it the fifth-largest in the game’s history.
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providencejournal.com
When is next Powerball? What time is drawing? Jackpot up to $1.3 billion
Nobody won the jackpot after Sept. 1 drawing, which means there's still a chance to become a billionaire over night.
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Disney to pay $10 million fine in FTC case for mislabeling videos on its YouTube channels
Disney will pay $10 million to settle an FTC complaint alleging it illegally collected kids' data on its YouTube channels such as Disney Jr.
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nbcnews.com
Stocks fall as global debt concerns and economic worries grip markets
Wall Street is weighing a court ruling's potential impact on tariff refunds while businesses warn about prices going up.
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Kraft Heinz to split a decade after megafood merger
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet
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Nestle CEO fired over undisclosed affair
Sudden dismissal of Laurent Freixe after just one year in the job adds to Nestle’s woes, which include high tariffs.
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washingtonexaminer.com
Appeals court permits Trump EPA to terminate 'gold bars' climate funding
The D.C. Circuit ruled 2-1 in favor of the EPA's efforts to slash billions of dollars in grant money to green groups.
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Did anyone win the Powerball last night? See results of Sept. 1 drawing
The Powerball drawing continues to grow since the last jackpot winner back in May.
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rferl.org
China, Russia Sign Deal To Build New Siberian Gas Pipeline But Pricing Details Unclear
China and Russia have signed a memorandum to advance the Power of Siberia-2 pipeline, but key commercial details, including pricing and construction responsibilities, remain unresolved.
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Rising inequality is turning US into an autocratic state, billionaire warns
Ray Dalio says business leaders scared to criticise Donald Trump as he warns of debt-induced crisis for the economy
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Top Japanese beverage giant Suntory's chief resigns as he faces a drug probe
Takeshi Niinami, a Japanese business leader and CEO of beverage giant Suntory, has resigned as he is facing an investigation into his alleged possession of an illegal drug
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Whisky maker Suntory’s CEO resigns amid investigation into suspected illegal supplements
Niinami bought supplements in the belief that they were legal, says Jim Beam and Laphroaig owner
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Gold price hits record high as investors seek safe haven
Bullion has nearly doubled in value since 2023 amid global uncertainty and alarm over Donald Trump’s policies
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Nestlé CEO Laurent Freixe ousted over inappropriate workplace relationship with subordinate
Nestlé removes CEO Laurent Freixe over inappropriate workplace relationship and appoints Philipp Navratil as new chief executive officer.
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abc.net.au
Live: Gold price near all-time highs while ASX slips
Local stocks have fallen at the open, as markets await key US economic data and Australian growth figures due this week. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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Powerball winning numbers for $1.10 billion jackpot on Monday, Sept. 1
The Powerball jackpot is now $1.10 billion for Monday, Sept. 1, after no one won the top prize on Saturday, Aug. 30.
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1.2M immigrants are gone from the US labor force under Trump, preliminary data shows
As parades and other events celebrating the contributions of workers in the U.S. are being held for the Labor Day holiday, experts say President Donald Trump’s stepped-up immigration policies are impacting the nation’s labor force
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nbcnews.com
'Dear Canada': U.S. tourist spots try to win back neighbors from the north
Canadians, angry over President Donald Trump's tariffs and other policies, are skipping trips to the U.S. — leaving some destinations in the lurch.
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Did anyone win the Powerball? See results of Aug. 30 drawing
The Powerball jackpot rose to $1 billion after no one won the Saturday, Aug. 30, drawing.
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Powerball winning numbers for $1 billion jackpot on Saturday, Aug. 30
The Powerball jackpot rose to $1 billion after no one won the top prize on Saturday, Aug. 30.
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dw.com
Hundreds at Voice of America and parent agency to lose jobs – DW – 08/31/2025
The announcement came despite a federal judge's ruling that acting CEO Kari Lake could not fire VOA director Michael Abramowitz. The job losses will also hit outlets such as Radio Free Europe and Radio Free Asia.
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Trump faces key legal test in effort to exert control over Federal Reserve
Fed governor Lisa Cook is seeking a temporary restraining order against the president’s attempt to fire her
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Why is the stock market shrugging off Trump's attempted firing of Fed governor Lisa Cook?
Markets have climbed on three straight days since Trump's attempted ouster.
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scmp.com
Chinese firms adapting as US ends de minimis exemptions for rest of world
Merchants establish warehouses in America as value of small parcels exported from China to the US plummets.
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ajc.com
AJC to move to fully digital publication, phase out print Dec. 31
The AJC will continue to publish distinctive journalism every day and with urgency on its website, mobile app, as well as through video, podcasts and other digital platforms.
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450 Diablo developers vote to unionize under CWA
Diablo developers have assembled 'one of the largest wall-to-wall unions' at Blizzard Entertainment.
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nbcnews.com
U.S. shoppers see order cancellations as world shuts down American-bound shipments
The end of the “de minimis” exemption for cheap parcel shipments, nearly a century old, is prompting countries everywhere to suspend shipments to the U.S.
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Fed Governor Lisa Cook sues Trump over attempted ouster
Trump lacks authority to fire Cook, lawsuit says.
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Trump’s India tariffs take effect: Which sector will be hit, what’s exempt?
A 50 percent tariff on India will impact trade worth billions of dollars and risk Washington-New Delhi ties.
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Cracker Barrel's rebrand reversal follows financial struggles
Cracker Barrel is facing financial challenges with mixed sales results and tariff pressures as its CEO moves forward with a corporate transformation project.
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economist.com
Assessing the case against Lisa Cook
How strong is the evidence against her, and how bad would it be if the claims were true?