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A 130,000 surge in US hiring last month is a stark contrast to the drastic job cuts of 2025

WASHINGTON (AP) — U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands.

The unemployment rate fell to 4.3%, the Labor Department said Wednesday.

The report included major revisions that reduced the number of jobs created last year to just 181,000, a third of the previously reported 584,000 and the weakest since the pandemic year of 2020.

The job market has been sluggish for months even though the economy is registering solid growth.

But the January... Read More

Michael Douglas announces 'raw' memoir for October release

NEW YORK (AP) — Oscar-winner Michael Douglas will have a memoir out this fall, a “raw, sweeping” account he says will illuminate his storied personal and professional lives.

“After being asked for many years, I’ve finally decided it’s time to tell my story on my own terms,” Douglas said in a statement released Wednesday through Grand Central Publishing, which has set an Oct. 6 release date.

“Not the highlight reel, not the version shaped by headlines or box office numbers, but the real one. I’ve lived a life that unfolded in public while being deeply... Read More

CBO: Federal deficits and debt to worsen over next decade

WASHINGTON (AP) — The nonpartisan Congressional Budget Office’s 10-year outlook projects worsening long-term federal deficits and rising debt, driven largely by increased spending, notably on Social Security, Medicare, and debt service payments.

Compared with the CBO’s analysis this time last year, the fiscal outlook has deteriorated modestly.

Major developments over the last year are factored into the latest report, released Wednesday, including Republicans' tax and spending measure known as the “One Big Beautiful Bill Act,” higher tariffs, and the Trump... Read More

Canada in shock after one of the country's worst mass shootings

VANCOUVER, Canada (AP) — Canadians were in shock Wednesday after one of the country's deadliest mass shootings as authorities said seven people were killed at a school in remote northern British Columbia and two others were killed at a nearby home. A woman that police believed was the shooter was found dead, apparently from a self-inflicted wound.

Royal Canadian Mounted Police said more than 25 people were wounded in Tuesday's shooting, including two who were airlifted for medical care with life-threatening injuries.

Tumbler Ridge in the Canadian Rockies is more than... Read More

The Latest: Bondi will face questions before Congress over Epstein files

Attorney General Pam Bondi will face questions from lawmakers Wednesday over the Justice Department’s handling of files related to Jeffrey Epstein that have exposed sensitive private information about victims despite redaction efforts.

Bondi is confronting a new wave of criticism stemming from the political saga that has dogged her term after the release of millions of additional Epstein disclosures that victims have slammed as sloppy and incomplete.

It will be the first time the attorney general appears before Congress since a tumultuous hearing in October in which... Read More

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A 130,000 surge in US hiring last month is a stark contrast to the drastic job cuts of 2025

Michael Douglas announces 'raw' memoir for October release

CBO: Federal deficits and debt to worsen over next decade

Canada in shock after one of the country's worst mass shootings

The Latest: Bondi will face questions before Congress over Epstein files

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