International Business Times

US private sector employers lost 33,000 jobs in June, according to payroll firm ADP

US Private Sector Shed Jobs For First Time In Recent Years: ADP

The US private sector unexpectedly lost jobs in June, according to data from payroll firm ADP on Wednesday, a potential sign of labor market weakness amid uncertainty from President Donald Trump's tariffs.

Trump Says Vietnam To Face 20% Tariff Under 'Great' Deal
President Donald Trump announced Wednesday that he had struck a trade deal with Vietnam under which the country would face a minimum 20 percent tariff and open its market to US products.
Public Or Private? Funding Debate Splits Reeling Aid Sector
As cuts by rich donors decimate aid budgets for the world's most vulnerable, private financing has been touted as the sector's saviour -- but not everyone is convinced.
The Job Market Just Blinked — And It's Time To Pay Attention
A sharp drop in private-sector hiring sends a warning shot about the labor market. Tariffs and big policy shifts may be catching up.
Iran Suspends Cooperation With UN Nuclear Watchdog
Iran on Wednesday formally suspended its cooperation with the UN nuclear watchdog, a measure drawn up in the wake of unprecedented Israeli and US strikes on the Islamic republic's nuclear sites.
GOP Senate Pushes Through $3.3 Trillion Tax And Spending Overhaul
At the heart of the measure are permanent extensions to the 2017 tax cuts, a lower corporate tax rate of 17%, and fresh incentives for companies investing in U.S.-based manufacturing, artificial intelligence and advanced technology infrastructure.
Trump Ramps Up Musk Feud With Deportation, DOGE Threats
Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech tycoon and strip federal funds from his businesses for criticizing Trump's flagship spending bill.
Musk Called Out After Threatening Politicians Who Vote For Trump's 'Big, Beautiful Bill': 'You Helped Bankroll The Chaos'
Elon Musk is being slammed for threatening Republicans who supported Donald Trump's spending bill, accusing him of helping "bankroll the chaos" he's criticizing.
What The $3.3 Trillion Bill Means For Your Wallet And The Country
The legislation would cut taxes sharply for businesses while also offering new credits to companies that manufacture in the U.S. It would restructure income tax brackets, delivering the biggest gains to top earners.

Asian Markets Mixed As Trade Deal Cut-off Looms

Asian markets swung Wednesday amid trade war worries after Donald Trump said he would not push back next week's tariff deadline, with Tokyo taking a hit from threats to ramp up Japanese levies.

Economy in Focus

Trump Metal Tariffs Wreak Havoc On US Factory
In the sweltering US summer, metal containers decorated with snowmen and sleighs are taking shape -- but tempers are also rising as their manufacturer grapples with President Donald Trump's steep steel tariffs.
Dollar's Dramatic Drop Signals Investor Caution As Fed Speculation Grows
Hong Kong Soars To World's Third Most Competitive Economy In 2025

War in Ukraine

US Halting Some Shipments Of Military Aid To Ukraine
The White House said Tuesday it is halting some key weapons shipments to Ukraine that were promised under the Biden administration for Kyiv's battle against the Russian invasion.
Ukraine Hits Russian City Deep Behind Front Line, Leaves Three Dead
Ukrainian drones attacked the Russian city of Izhevsk on Tuesday, killing three people and wounding dozens in one of the deepest strikes inside Russia of the three-year conflict, authorities said.
UK And Ukraine Agree To Deepen Ties As Zelensky Meets Starmer
Seeking to shore up support more than three years into Russia's invasion, Ukrainian President Volodymyr Zelensky met UK Prime Minister Keir Starmer during a surprise visit to London on Monday, cementing a military co-production deal.
Ukraine Says 'Massive' Russian Drone Attack On Kyiv
Ukraine said Monday "another massive attack" on Kyiv by Russian drones was underway, a day after the country's top military commander vowed to increase the "scale and depth" of strikes on Russia.

CBEX Crypto Scam: AI-hyped Ponzi Scheme Defrauds African Investors

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa.

Contributor

How Ruslan Shagiakhmetov Took Luckru from Struggling Startup to Top CRM Integrator in Russia

After leading Luckru as CEO for five years, Ruslan Shagiakhmetov now serves as chief operating officer across five international markets at Larixon Classifieds, a large classified ad platform with projects in Cyprus, Mongolia, Tajikistan, Jamaica, and Trinidad and Tobago.

Contributor
How Immigrant Engineer and Entrepreneur Joe Kiani Reimagined Inclusion in Tech and Medicine
As founder of Masimo and the force behind Willow Laboratories, Kiani has contributed to life-saving innovations in patient monitoring and wellness.
Contributor
Before the Silence Falls: How 'The Last Ones' Is Preserving Holocaust Memory for a New Generation
The Last Ones is a movement—one that meets history where it lives: in the hearts and words of the survivors who are still here, and in the eyes of the next generation who must carry their memory forward.

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Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

US Economic Uncertainty Means Bigger 'Black Friday' Discounts
Dublin Riot Highlights 'Far-Right' Agitation Over Ireland Immigration
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Taiwan Strait: Chinese Ship 'Cuts Off US Destroyer'
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Dashcam Video Captures Missile Falling Near Kyiv Car
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