Hiring Slows Sharply in May as Private Employers Add Just 37,000 Jobs, ADP Reports U.S. job growth nearly stalled in May amid mounting economic uncertainty, with private-sector firms adding only 37,000 jobs — the lowest total since March 2023, according to the latest ADP jobs report released Wednesday. The sharp slowdown follows a revised April…
The U.S. economy is projected to slow sharply in the coming years, with GDP growth expected to decline significantly due to the effects of new tariffs and ongoing policy uncertainty, according to a report released Tuesday by the Organization for Economic Cooperation and Development (OECD). The OECD forecasts U.S. GDP growth will fall to 1.6%…
Leadership Shake-Up at UnitedHealth UnitedHealth Group announced on Tuesday the immediate resignation of CEO Andrew Witty, citing “personal reasons.” He has been replaced by Stephen J. Hemsley, the company’s former CEO and current chairman. A spokesperson for UnitedHealth declined to provide further comment. Market Reaction to Executive Change By late Tuesday morning, shares of UnitedHealth…
Pakistan’s economic situation is showing signs of stabilization as the government makes progress in negotiations with the International Monetary Fund (IMF) for a new loan program, according to the Ministry of Finance. Key Developments Economic Indicators Show Improvement Recent data suggests cautious optimism: Challenges Remain Despite positive signals, risks persist: Next Steps The Finance Ministry…
