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Americans aren’t quitting their jobs — and that trend is changing the way the labor market functions.Since April 2024, the U.S. economy has shed 1.2 million jobs. Hiring has slowed to its lowest pace in a decade, excluding the pandemic dip. The quits rate, once a key marker of worker confidence, has fallen to around 2%, a level not regularly seen since early 2016.”There’s been a lot of anxiety about the direction of both the economy and the labor market as well,” said James Atkinson, vice president of thought leadership at SHRM, a professional group for human resource management. “I…

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The International Cricket Council (ICC) has suspended USA Cricket’s membership in the sport’s world governing body with immediate effect, although the country’s teams will still be able to play in the run-up to the 2028 Los Angeles Olympics. The ICC Board agreed to suspend USA Cricket after “repeated and continued breaches of its obligations as an ICC member under the ICC’s constitution,” a statement issued late on Tuesday said. “These include, but are not limited to, the failure to implement a functional governance structure,” and a “lack of progress toward achieving National Governing Body status with the United States Olympic…

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ISLAMABAD: While directing the Pakistan Hockey Federation president Tariq Hussain Bugti to hold PHF elections in two months, a parliamentary panel on Tuesday asked the Federal Investigation Agency (FIA) to complete the inquiry against the game’s governing body. A sub-committee of the Standing Committee of Inter-Provincial Coordination (IPC), which met here at the IPC ministry with MNA Sheikh Aftab Ahmed in the chair, discussed the matter of PHF’s pending elections. After hearing all stakeholders including representative of ministry of law, attorney general office, PHF officials and IPC ministry, the committee directed Bugti to hold the PHF elections in a couple…

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All of a sudden, Pakistan’s Asia Cup campaign is alive and well. All of a sudden, Pakistan’s Asia Cup campaign is alive and well. Two days after getting thrashed by arch-rivals India for the second time in the tournament, the national side bounced back with a hard-fought five-wicket victory against Sri Lanka on Tuesday in Abu Dhabi. It was a low-scoring encounter and Pakistan were clearly not clinical, especially with the bat, but it sure was a confidence boost for the side reeling after the India drubbings. More importantly, the match-winning performances came from players who were under fire coming…

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LAHORE: Despite losing the recent One-day International home series against South Africa, Pakistan national women’s team were well prepared and had no extra pressure to face arch-rivals India in the forthcoming ICC World Cup, captain Fatima Sana said on Tuesday. The Fatima-led team won the third and final ODI against South Africa in Lahore on Monday but the tourists took the series 2-1. Fatima and Wasim were addressing a press conference along with in-form batter Sidra Amin at a local hotel in Lahore before the squad left for Colombo to participate in the World Cup starting on Sept 30. “There…

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Mohammad Nawaz makes quickfire 38 in an unbeaten 58-run stand with Hussain Talat as Pakistan ease to a five-wicket victory Pakistan won by 5 wickets after restricting Sri Lanka to 133-8 to register their first win in the Super Four stage of the men’s Asia Cup in Abu Dhabi on Tuesday. Pakistan were playing their first match of the tournament in Abu Dhabi, where the scores are generally higher than in Dubai. Live coverage ends: Pakistan’s chase: Over 18 — Pakistan – 138-5 17.1: Nawaz smacks the length ball by Chameera over deep point for a six! He seems to…

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Gold is soaring. So are stocks. That’s not normal. (Photo by Christopher Furlong/Getty Images)Getty Images Gold and the stock market don’t usually share the spotlight. When they do, it might mean the usual signals of fear and confidence are colliding. Or it might mean something deeper is brewing. Gold has risen 44% this year. The S&P 500 Index is up 14%. On Monday, both closed at new highs. The two asset classes hitting all-time highs on the same day has now happened 6 times in 2025. It happened 10 times in 2024. But, from 1970 through 2023, it occurred only…

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Pakistan won the toss and are fielding first against Sri Lanka, as both sides look to register their first win in the Super Four stage of the men’s Asia Cup in Abu Dhabi on Tuesday. Pakistan are playing their first match of the tournament in Abu Dhabi, where the scores are generally higher than in Dubai. Live coverage begins (Refresh for updates): Over 14 — Sri Lanka – 82-6 Faheem back into the attack. Three runs of the over. Overheard in the newsroom: Shaheen needs to open today and finish the match in 10 overs! Over 13 — Sri Lanka…

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People enjoy an unusually warm day in New York City as temperatures reach the low 80s on June 4, 2025 in New York City. Spencer Platt | Getty ImagesPresident Donald Trump’s “big beautiful bill” temporarily raised the limit on the federal deduction for state and local taxes, known as SALT, from $10,000 to $40,000 for 2025. But some residents of certain states could see a bigger tax benefit, according to a Redfin report released last week. The results are “in line with what you might expect,” and there is “a sizable benefit to residents of certain states,” said Chen Zhao, head of…

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Former Test umpire Harold “Dickie” Bird has died at the age of 92, Yorkshire County Cricket Club announced on Tuesday. Bird was one of the best-known and most respected officials in the game, standing in 66 Tests and 69 one-day internationals, including three World Cup finals. Yorkshire issued a statement on their website saying Bird, “one of cricket’s most beloved figures”, had died peacefully at home. “Dickie Bird enjoyed an illustrious career as an international umpire, writing his name into history as the most famous and popular official in the game’s history,” the club said. “He is synonymous with Yorkshire…

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