WASHINGTON (AP) — The U.S. economy suffered an unexpected setback in July, as hiring fell sharply and the unemployment rate rose for the fourth straight month in a sign that higher interest rates may be taking a bigger toll on businesses and consumers. Friday’s report from the Labor Department showed that employers added just 114,000…… MORE
NEW YORK (AP) — YouTube’s biggest star MrBeast is facing complaints about the safety of contestants from the preliminary round of his ambitious “Beast Games” game show, which boasts 1,000 competitors hoping for a $5 million grand prize. Some contestants complained online and to other YouTube influencers that they lacked regular access to food, water…… MORE
Exxon Mobil’s second-quarter profit rose and was its second-highest for the period of the past decade as it achieved record quarterly production from its Permian and Guyana assets. The energy company earned $9.24 billion, or $2.14 per share, for the three months ended June 30. A year earlier it earned $7.88 billion, or $1.94 per…… MORE
The Justice Department sued TikTok on Friday, accusing the company of violating children’s online privacy law and running afoul of a settlement it had reached with another federal agency. The complaint, filed together with the Federal Trade Commission in a California federal court, comes as the U.S. and the prominent social media company are embroiled…… MORE
WASHINGTON (AP) — The U.S. Defense Department will move a fighter jet squadron to the Middle East and maintain an aircraft carrier in the region, the Pentagon said Friday, as President Joe Biden made good on his promise to beef up the American military presence to help defend Israel from possible attacks by Iran and…… MORE