A Closer Look: Why Are Wildfires Burning in Eastern Canada’s Nova Scotia?

[1/3] A New Brunswick plane dropped a mixture of water and fire retardants as it passed over wildfires in Lake Barrington, Nova Scotia, Canada in this photo posted to social media released May 31, 2023. Govt. Nova Scotia/Post via REUTERS June 2 (Reuters) – Wildfires are raging across Canada’s western provinces, but eastern Nova Scotia … Read more

Wall Street ended up on the jobs data, avoiding a debt default

Nasdaq posted its best weekly winning streak since January 2020 The data shows that the unemployment rate was 3.7% in May. moderate wage growth Amazon accesses a report on its talks for low-cost mobile services Materials is driving the S&P sector’s gains, and Nvidia is falling again (Reuters) – U.S. stocks closed higher on Friday … Read more

Morning Show: Euphoric markets eye June jump jobs

[1/2] An employee employment sign with a QR code is seen in the window of a company in Arlington, Virginia, US, April 7, 2023. REUTERS/Elizabeth Frantz A look at the coming day in the US and global markets from Mike Dolan With the removal of the US debt ceiling, global markets are seeing the sky … Read more

Russia says the United States hacked into thousands of Apple phones in a spying scheme

Moscow says the US National Security Agency hacked Apple phones in Russia Apple denied Russian allegations that it helped the NSA Kaspersky says the iPhones of senior employees were hacked MOSCOW (Reuters) – Russia’s Federal Security Service (FSB) said on Thursday it had uncovered a US spying operation that led to the hacking of thousands … Read more

The US labor market remains resilient with higher employment opportunities and lower layoffs

Job vacancies increased from 358,000 to 10.1 million in April layoffs, 264,000; Voluntary take off drop 49,000 WASHINGTON (Reuters) – U.S. employment rose unexpectedly in April and data for the previous month was revised higher, indicating continued strength in the labor market that may force the Federal Reserve to raise interest rates again in June. … Read more

North Korea attempts to launch a satellite; Warnings raised in South Korea, Japan

[1/6] People watch a TV broadcasting a news report about North Korea’s launch of what it called a satellite towards the south, in Seoul, South Korea, May 31, 2023. REUTERS/Kim Hong-ji SEOUL/TOKYO (Reuters) – North Korea attempted to launch what it called a space satellite over the sea to the South on Wednesday, South Korea’s … Read more

Nvidia is joining the $1 trillion valuation club due to the growing demand for artificial intelligence

Nvidia is one of the five US companies worth $1 trillion Shares are up 240% since October Artificial intelligence drives market gains May 30 (Reuters) – Nvidia Corp. (NVDA.O) joined the elite club of US companies with a market cap of $1 trillion on Tuesday, as investors flocked to a chip maker that is fast … Read more

Russia said Ukraine was launching its largest drone attack on Moscow

[1/2] An ambulance and fire engines are parked outside a multi-storey apartment building following a drone attack in Moscow, Russia, May 30, 2023. REUTERS/Maxim Shemetov No deaths have been reported, one in hospital Russia says Ukraine is attacking Moscow Russia says all eight drones were destroyed Major parts of Moscow have been hit by drones … Read more

Biden says he and Erdogan talked about the F-16s, Sweden’s bid for NATO

WASHINGTON (Reuters) – Turkish President Recep Tayyip Erdogan in a phone call on Monday reiterated Ankara’s desire to buy F-16 fighter jets from the United States, US President Joe Biden said, while Biden told him Washington wanted Ankara to drop its objection to Sweden. . joining NATO. The exchange took place when Biden called Erdogan … Read more

The dollar edged lower as the US debt ceiling agreement affected the safe haven’s appeal

[1/3] Illustrative photo showing US $100 banknotes taken in Tokyo on August 2, 2011. REUTERS/Yuriko Nakao/File Photo The dollar falls after the US debt ceiling agreement High risk currencies The Turkish lira touched a new record low LONDON (Reuters) – The dollar fell on Monday, retreating from six-month highs against the yen, as a US … Read more