Devastating California wildfires predicted to cost US economy $85 billion; Containment may take weeks
Devastating fires charring California have claimed more lives than any fire in the state’s history, and the economic toll is predicted to climb to $85 billion.
Israel must be ready to tackle Iran on its own
Israel must ask the international community to stop Iran’s nuclearization but prepare to do the task on its own in case the world fails, Bayit Yehudi leader Naftali Bennett said in an interview with The Jerusalem Post on Sunday.
Manufacturing Sector Increased Jobs at Fastest Pace in More Than 4 Years
The manufacturing sector increased jobs at the fastest pace in the month of July than the sector had in more than four years, the New York Times reported.
U.S. Economy Expands at Slowest Pace in Three Years
The U.S. economy expanded at the slowest pace in three years as weak auto sales and lower home-heating bills dragged down consumer spending, offsetting a pickup in investment led by housing and oil drilling.
Obama puts Congress on notice: Trans-Pacific Partnership is coming
The White House put Congress on notice Friday morning that it will be sending lawmakers a bill to implement President Barack Obama’s landmark Trans-Pacific Partnership agreement — a move intended to infuse new energy into efforts to ratify the flat-lining trade pact.
Trade Deficit Reaches Highest Level Seen in Seven Years
The trade deficit soared to the highest level seen since 2008, the height of the Great Recession, according to a preliminary report released Thursday by the Bureau of Economic Analysis.
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