Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.
- Macro MattersU.S. job growth solid in August; labor market pressure starting to ease
U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in the unemployment rate to 3.7% suggested the labor market was starting to loosen, raising cautious optimism that the Federal Reserve could slow the economy without triggering a recession.
- MarketsWall Street ends week on down note as jobs report gain fade, article with video
U.S stocks closed out the trading week on a down note on Friday, as early gains from a jobs report that showed a labor market that may be starting to loosen gave way to worries about the European gas crisis.
- WorldIn battleground Pennsylvania, Trump-backed Mastriano sticks with hard-right rhetoric
In the battle for Pennsylvania's governorship, Trump-backed Republican Doug Mastriano badly trails his Democratic opponent in fundraising, lags in polls and has yet to go on air with ads.
Talking Points
- Biden revamps White House climate team with Podesta, Zaidi in top roles, article with galleryUnited States ·
September 2, 2022 · 10:04 PM UTC · undefined agoU.S. President Joe Biden revamped his climate change team on Friday, announcing that longtime political operative and climate advocate John Podesta would join the White House and Ali Zaidi would take over for Gina McCarthy as domestic climate adviser.
Graphic
Zaporizhzhia on the frontlineEurope’s largest nuclear power station has been caught in the crossfire between Ukraine and Russia.