Tag Archives: previously

Washington  —  The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest economy. Gross domestic product, the broadest measure of economic output, rose at an annualized rate of 3.8% from April through June, the Commerce Department said Thursday in …

Apple has quietly cancelled the release of The Savant, which was set to hit Apple TV+ this Friday, September 26. However, as of today, the Jessica Chastain series no longer has a release date. Apple has pulled mentions of the show’s launch from its social media channels, and if you check in the TV app itself, it now simply says …

A release date for “Wicked: For Good — The Soundtrack” was announced Wednesday morning, and with it, details of two songs that were written especially for the forthcoming film by Stephen Schwartz. Leading ladies Cynthia Erivo and Ariana Grande both get new solo numbers with these additions. The two songs written by Schwartz for the second film are “No Place …

A skyscraper-size, “potentially hazardous” asteroid is set to make a close approach to Earth this week — and you can see it zoom past for yourself, either by using a backyard telescope or via a free online livestream. The asteroid, which was discovered earlier this year, was initially predicted to have a slim chance of hitting our planet in 2089 …

The U.S. economy created nearly one million fewer jobs over the past year than previously thought, according to newly revised data from the Bureau of Labor Statistics, and the biggest percentage losses came from industries tied to technology—an area that is under scrutiny from economists assessing the impact of artificial intelligence. The BLS’s Preliminary Benchmark Revision cut total employment between March 2024 …

US payrolls benchmark revision estimate suggests labor market weaker than previously thought  Reuters JPMorgan CEO Jamie Dimon says the economy ‘is weakening’  CNBC Job market cracks are bigger than they originally looked  Axios BLS revision shows hiring was overstated by 911,000 jobs in past year  NPR Dimon Says US Economy Is Weakening After Record BLS Revision  Bloomberg.com Source link

Facebook Tweet Email Link The American jobs market has been running in a much lower gear than previously thought, according to a preliminary report released Tuesday. The US economy added about 911,000 fewer jobs than initially estimated for the year ending in March, the Bureau of Labor Statistics report suggests. If this were to hold – the final annual benchmark …

The latest jobs report points to a labor market that’s faltering, but the slowdown may have begun much earlier. Economists expect the Bureau of Labor Statistics tomorrow to issue a major downward revision, showing the nation added hundreds of thousands fewer jobs than first reported. On Sept. 9, the BLS will release its preliminary benchmark revision to labor market data, which …

Chinese researchers have discovered a giant, previously unknown hydrothermal system at the bottom of the Pacific Ocean that could shed light on the origins of life. The Kunlun system, northeast of Papua New Guinea, is made up of 20 large craters, the largest of which is around 5,900 feet (1,800 meters) wide and 430 feet (130 m) deep. These craters …

The world has far fewer places to securely store carbon dioxide deep underground than previously thought, steeply lowering its potential to help stem global warming, according to a new study that challenges long-held industry claims about the practice. The study, published Wednesday in the journal Nature, found that global carbon storage capacity was 10 times less than previous estimates after …