U.S. job growth accelerated in May, but a jump in the unemployment rate to a seven-month high of 3.7% suggested that labor market conditions were easing, which could give the Federal Reserve cover to forgo an interest rate hike this month.
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A $16 billion list of lower-priority defense items like tanks, helicopter upgrades and a ship, that would normally be paid for as part of the defense budget, could go unfunded after the U.S. passed a landmark bill that lifts the debt ceiling but curbs federal spending.
- WorldCan I have a kangaroo? Navalny taunts Russian jail with bizarre requests
Navalny asked for a bottle of moonshine, a balalaika, tobacco and a kimono; all were refused.
- WorldAt least 50 dead, 300 injured in train collision in eastern India - reports
At least 50 people were killed and 300 hospitalized in India after a passenger train derailed and collided with a goods train in Odisha's Balasore district on Friday, according to media reports.