Author: admin

CNN  —  The number of available jobs in the US unexpectedly increased in April, signaling a potential undercurrent of strength in the labor market despite broader economic uncertainty. Job openings totaled an estimated 7.39 million at the end of April, up from 7.2 million in March, according to new data released Tuesday by the Bureau of Labor Statistics. The monthly Job Openings and Labor Turnover Survey showed how the US labor market — job openings, hires, quits and separations such as layoffs — is adapting as President Donald Trump’s sweeping (and frequently shifting) policy actions kicked into higher gear in…

London CNN  —  President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development. In a report Tuesday, the group of 38 mostly wealthy nations sharply downgraded its 2025 economic growth forecast for America to 1.6% from the 2.2% projected in March and said growth would be even weaker next year. The report underscores the uncertainty and chaos around Trump’s tariffs, as well as their potential to cause lasting harm across the world. The Paris-based organization cited higher…

ISLAMABAD: The Pak­i­s­tan Hockey Federation (PHF) announced a 20-member national squad on Monday, appointing Imad Butt as captain for the upcoming FIH Hockey Men’s Nations Cup in Kuala Lumpur. The tournament, crucial for promotion to the elite FIH Hockey Pro League, runs from June 15 to June 21. Imad will lead the Green Shirts in the eight-nation competition, which also features hosts Malaysia, France, Japan, Korea, New Zealand, South Africa and Wales. Rana Waheed was named vice-captain for the campaign. The squad includes goalkeepers Muneer-ur-Reh­man and Abdullah Ishtiaq, alongside field players Mohammad Abdullah, Mohammad Sufyan Khan, Abdul Manan, Hamad Anjum,…

LAHORE: Pakistan Twenty20 International captain Salman Ali Agha has vowed that the side will continue to “entertain” the fans after registering a 3-0 series triumph over Bangladesh. Although it came against a non-elite opponent, the success was special for Pakistan, who announced their transition into a modern-day white-ball side, displaying a high-risk approach that paid dividends across the series. They won the first two matches by 37 and 57 runs respectively, defending with ease scores of 201 in each before chasing down 197 with 16 balls to spare in the final game. In Pakistan’s first T20I series victory on home…

LAHORE: The Pakistan Cricket Board (PCB) has made it mandatory for all international players to participate in at least one domestic tournament each season, in a bid to strengthen the local cricketing structure and groom emerging talent. The decision was taken during a high-level meeting chaired by PCB chief Mohsin Naqvi at the Gaddafi Stadium on Monday. Emphasising the importance of a robust domestic system, Mohsin said that the involvement of international cricketers in domestic competitions would not only raise the standard of the game at grassroots level but also help in preparing quality backups for the national side. The…

The U.S. Department of Education is seen on March 20, 2025 in Washington, DC. U.S. President Donald Trump is preparing to sign an executive order to abolish the Department of Education. Win Mcnamee | Getty Images News | Getty ImagesThe U.S. Department of Education is pausing its plan to garnish people’s Social Security benefits if they have defaulted on their student loans, a spokesperson for the agency tells CNBC.”The Trump Administration is committed to protecting Social Security recipients who oftentimes rely on a fixed income,” said Ellen Keast, an Education Department spokesperson.The development is an abrupt change in policy by the…

The Supreme Court just declined to hear a penny stock broker’s legal challenge to FINRA’s constitutionality. Despite it, a new bill aims to strip the self-regulatory body of its key powers, moving them to the SEC.Win McNamee/Getty Images Wall Street’s top watchdog, the Financial Industry Regulatory Authority (FINRA), faces a pivotal moment amid converging legislative and legal challenges that could potentially reshape the future regulatory landscape. The regulator notched a win on Monday, however, as the Supreme Court declined to hear a penny stock broker’s legal challenge to FINRA’s constitutionality. Until recently, adding pressure to FINRA’s current predicament was its…

Annabelle Gordon/Bloomberg via Getty ImagesThe massive package of tax cuts House Republicans passed in May is expected to increase the U.S. debt by trillions of dollars — a sum that threatens to torpedo the legislation as the Senate starts to consider it this week.The Committee for a Responsible Federal Budget estimates the bill, as written, would add about $3.1 trillion to the national debt over a decade with interest, to a total $53 trillion. The Penn Wharton Budget Model estimates a higher tally: $3.8 trillion, including interest and economic effects.Rep. Thomas Massie of Kentucky was one of two Republicans to…

Former star cricketer Shoaib Akhtar received a defamation notice of Rs1 billion from sports journalist and former Pakistan Cricket Board (PCB) official Nauman Niaz on Monday, reigniting yet another feud between the two personalities. The legal notice dated May 29, a copy of which is available with Dawn.com, claimed that the ex-pacer made “baseless” and “unethical” comments regarding Niaz. On May 25, Akhtar appeared on a show on a private news channel where he said that Niaz “used to carry our bags” and “he was kept for that purpose”, the notice stated. “Your [Akhtar’s] comment/remark was not only factually incorrect,…

The International Cricket Council (ICC) on Monday announced dates and venues for the 2025 Women’s Cricket World Cup, with Pakistan set to play its matches in Sri Lanka. A press release issued today said the 13th edition of the eight-member tournament would run from September 30 to November 2. The five stadiums being used include India’s Chinnaswamy Stadium (Bengaluru), ACA Stadium (Guwahati), Holkar Stadium (Indore) and ACA-VDCA Stadium (Visakhapatnam), and Sri Lanka’s R Premadasa Stadium (Colombo). India will host the World Cup after 12 years and play against Bangladesh in the opening match in Bengaluru. The venues for the knockouts…