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February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts.
The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported.
Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
Trump Halts Mexico Tariffs Amid Rising Trade Tensions, Domestic Economic Fears
President Donald Trump is reversing course on tariffs against Mexico, stepping back from a trade war he started with the nation's southern neighbor.
In a Thursday, Mar. 6 post on his social media platform Truth Social, Trump said he struck a deal with Mexican President Claudia Sheinbaum to delay tariffs on goods covered by the United States-Mexico-Canada Agreement (USMCA).
The pause will be in effect until Tuesday, Apr. 2.
"I did this as an accommodation, and out of respect for, President Sheinbaum," Trump posted. "Our relationship has been a very good one, and we are working hard, to…
Man Sentenced To 4.5 Years After Admitting To Raping Child In Central Mass: DA
A 22-year-old man was sentenced to four years to four and a half years in prison in the 2023 rape of a child, authorities announced Thursday, March 6.
Anthony Rodriguez, of Puerto Rico, pleaded guilty to statutory rape of a child, assault and battery, and indecent assault and battery on a person 14 or older, in the New Year's Day attack, the Northwestern District Attorney's Office said.
Rodriguez must register as a sex offender, undergo sex offender treatment, and serve five years of probation once he's released, the prosecutor said.
Assistant District Atto…
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study
Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study.
US employers announced 172,017 layoffs in February, the highest total since the height of the COVID-19 pandemic in July 2020, according to a report released by outplacement firm Challenger, Gray & Christmas on Thursday, Mar. 6. Last month's cuts were 245 percent higher than January and more than double the job losses from February 2024.
February marked a dramatic spike in job losses, as businesses and federal age…
Abducted CT Toddler Found In Mexico 24 Years Later
A decades-old New Haven cold case has ended in an emotional reunion, thanks to a relentless detective, modern DNA testing, and a long trail of digital breadcrumbs.
Andrea Reyes, who was abducted at the age of 2, has been found alive in Mexico, more than 24 years after she was taken by her mother, Rosa Tenorio, New Haven Police announced on Wednesday, March 5.
Despite an active felony arrest warrant for Tenorio, she successfully evaded law enforcement for decades, allegedly taking her daughter across the border and raising her in Puebla, a city of over a million people.
Her father, wh…
