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New US jobless claims drop to 787,000 as stimulus talks stall

WASHINGTON (AFP) Photo: Collected New claims for US jobless benefits fell to 787,000 last week, the Labor Department said Thursday, as congressional negotiations over a new economic stimulus package lost momentum. The big improvement brought claims below 800,000 for the second time since the pandemic started, with new seasonally adjusted

Bangladesh-US to advance economic partnership with sustainable supply chain

Dhaka and Washington DC have expressed willingness to work together to advance the US-Bangladesh Economic Partnership to facilitate sustainable supply chains and generate more employment to further strengthen ties between the two friendly countries. The two states underlined the need for bilateral cooperation to help overcome the global economic disruptions caused

Trump economic advisor predicts 20% US second-half growth

Agence France-Presse (AFP)/TheJakartaPost Washington - The US economy will grow on the order of 20 percent in the third and fourth quarters, a top White House economic adviser predicted Sunday, despite reopening setbacks linked to a coronavirus resurgence. "I don't deny that some of these hotspot states moderate that recovery, but on

Elon Musk became richer than Warren

The fortune of Tesla Inc.’s chief executive officer Elon Reeve Musk zooming past Warren Buffett became the seventh richest person of the world rising $6.1 billion on July 10., according to the Bloomberg Billionaires Index, after the carmaker’s stock surged 11%. Musk owns 20.8% of Tesla's stock making his stake worth just under

US cutting ties with WHO: Trump

Reuters,Washington  The United States will end its relationship with the World Health Organization over the body’s handling of the coronavirus pandemic, U.S. President Donald Trump said on Friday, accusing the U.N. agency of becoming a puppet of China. The move to quit the Geneva-based body, which the United States formally joined

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