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Job Growth Beats Forecasts Despite Stalling Labor Market, Shrinking GDP Under Trump
Job growth moderately beat expectations in April, but was slightly down from the month before, as recession worries loom due to President Donald Trump's trade agenda.
The US economy added 177,000 jobs in April, according to Bureau of Labor Statistics data released on Friday, May 2. The national unemployment rate held steady at 4.2%, despite initial unemployment claims jumping to 241,000 for the week ending Monday, April 26.
The job gains were higher than the 133,000 forecasted by the Dow Jones, CNBC reported. April's numbers declined from March's total of 185,000, which …
NO Game: Feds Bust Accused Ringleaders Of Worldwide Videogame Hacking Crew
Two accused ringleaders of one of the world’s most notorious videogame hacking groups were in FBI custody and an associate was being sought, federal authorities announced.
All three are members Team Xecuter, a group that the government said develops and sells “jailbreak” devices that allow people to play pirated copies of games on their consoles.
A federal indictment accuses Max “MAXiMiLiEN” Louarn, a 48-year-old French national, Gary “GaryOPA” Bowser, 51, of Canada, and Yuanning Chen, 35, of Shenzhen, China of creating and distributing the devices, which authorities said became more popula…
