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Strong US job growth beats expectations in May, firming recent gains

Strong US job growth beats expectations in May, firming recent gains WASHINGTON: US job growth surged past expectations in May with the unemployment rate remaining steady, as the labour market in the world's largest economy showed signs of firming after months of turbulence. Wall Street stocks traded lower on the news, with investors expecting a strong labour market means the Federal Reserve will switch its focus to combating inflation through rate hikes later this year.

Channel News Asia 5d ago

Trump says US in 'very strong position' for Iran talks

The US-Iran ceasefire deal is set to end on Wednesday but Donald Trump says he does not want to extend the deadline. The US President believes the US is in a very strong negotiating position. Iran has not yet confirmed if it will attend peace talks in Islamabad.

BBC Global News Podcast 50d ago

US adds 172,000 jobs in May, strongly beating expectations

US adds 172,000 jobs in May, strongly beating expectations Unemployment remained steady, with the labour market in the world’s largest economy sustaining recent gains US employment growth surged in May, beating market expectations, while the unemployment rate remained steady, government data showed on Friday, with the labour market in the world’s largest economy sustaining recent gains. “Total nonfarm payroll employment increased by 172,000 in May, and the unemployment rate was unchanged at...

South China Morning Post 5d ago

The Social Reckoning trailer gives us our first look at Jeremy Strong as Zuck

Over 15 years after David Fincher and Aaron Sorkin's The Social Network premiered in theaters, Sony has released the first trailer for The Social Reckoning ahead of its theatrical release on October 9th. The follow-up takes place 17 years after the events portrayed in the original film and follows a young Facebook engineer who enlists the help of a Wall Street Journal reporter to expose the platform's secrets. The film stars Jeremy Strong as a much older Mark Zuckerberg (doing a memorable...

The Verge 6h ago

Seoul leads steep Asian losses as AI-led tech rally hits wall

Seoul leads steep Asian losses as AI-led tech rally hits wall HONG KONG: Seoul's Kospi stock index dived more than eight per cent to lead a rout across Asia on Monday (Jun 8) as tech firms were hammered and strong US jobs data fuelled bets on a Federal Reserve interest rate hike. News that Iran and Israel had struck each other sparked worries about an escalation of the Middle East crisis, adding to the gloomy mood on trading floors and sending oil prices surging more than three per cent.

Channel News Asia 2d ago

Malta's Labour Party wins historic fourth term: preliminary results

Malta's Labour Party wins record-breaking fourth term May 31, 2026The center-left Labour Party (MLP) has won an unprecedented fourth term in Malta's general elections, preliminary results showed Sunday. "This is a victory of all the people based on the program we presented for all the people," Prime Minister Robert Abela told reporters, saying the outcome showed his party had "won a strong mandate." "Let us maintain the spirit of national unity and move the country forward together," he said.

Deutsche Welle 10d ago

Democrats oppose Trump officials’ effort to include crypto in 401(k) plans

Change backed by labor department would expose workers to greater financial risk, letter shared with Guardian saysCongressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments. In a letter shared exclusively with the Guardian, Senator Bernie Sanders, Senator Elizabeth Warren and House...

The Guardian World 8d ago

Democrats oppose Trump officials’ effort to include crypto in 401(k) plans

Change backed by labor department would expose workers to greater financial risk, letter shared with Guardian saysCongressional Democrats are strongly opposing a US Department of Labor proposal that would allow 401(k) investments to include cryptocurrency, private credit and private equity assets, arguing the change will expose workers to riskier and more complex investments. In a letter shared exclusively with the Guardian, Senator Bernie Sanders, Senator Elizabeth Warren and House...

The Guardian Business 8d ago

US designates Brazilian crime groups as terrorist organisations

The United States on Thursday designated two of Brazil’s most powerful criminal organisations, the Red Command and First Capital Command, as terrorist organisations, escalating tensions with Brasilia, which strongly opposes the move. US officials said the groups operate transnational criminal networks and pose a security threat.

France 24 12d ago

Efficiently Aligning Language Models with Online Natural Language Feedback

arXiv:2605.04356v2 Announce Type: replace Abstract: Reinforcement learning with verifiable rewards has been used to elicit impressive performance from language models in many domains. But, broadly beneficial deployments of AI may require us to train models with strong capabilities in "fuzzy", hard-to-supervise domains. In this paper, we develop methods to align language models in fuzzy domains where human experts are still able to provide high-quality supervision signal, but only for a small...

arXiv CS 6d ago