Breaking: US Job Growth Beats Expectations in April; Trump Proposes Spending Cuts

RJ Hamster

1 day ago

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May 02, 2025

US Job Growth Beats Expectations in April

The U.S. labor market remains solid amid a backdrop of uncertainty as the economy created a higher-than-expected number of new jobs.According to the Bureau of Labor Statistics, the U.S. economy…

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WHAT’S HAPPENING

Trump Proposes Cutting $163 Billion in Government Spending

WASHINGTON—President Donald Trump is planning to unveil on Friday a budget blueprint that calls for slashing federal spending on key nondefense programs by $163 billion, targeting renewable energy, education, and…

US Manufacturing Activity Beats Wall Street Estimates Despite Tariff Uncertainty

U.S. manufacturing activity contracted for the second straight month in April, but the sector performed better than market forecasts.The Institute for Supply Management’s manufacturing purchasing managers’ index (PMI)—a monthly survey…

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