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World Economy Apr 03, 2026

US Jobs Market Surges in March, Defying Expectations After February's Revised Losses

The US labor market showed resilience in March, adding 178,000 jobs, surpassing economists' expecta…
The US labor market demonstrated unexpected strength in March, with employers adding 178,000 jobs, significantly exceeding economists' predictions of around 70,000. This growth comes after a revised report showed that the economy lost 133,000 jobs in February, a worse figure than initially stated. The unemployment rate decreased to 4.3%, according to data from the US Bureau of Labor Statistics. The job figures for January were revised upward from 126,000 to 160,000. With these revisions, total employment in January and February is 7,000 lower than previously reported. Despite the positive March numbers, the overall trend in the US jobs market has been sluggish since last year. In 2025, only 116,000 jobs were added to the economy for the entire year, which is roughly the same number added per month in previous years. The slowdown in hiring is attributed to caution among employers, particularly due to consumer inflation experiencing fluctuations over the last year. US inflation dipped to 2.3% in April 2025 before rising to 3% in September. Since the start of this year, price increases have remained steady at 2.4%. The ongoing US-Israel war with Iran is expected to drive inflation higher if the situation escalates. The labor market's uncertainty is also reflected in the 'quits rate,' which fell to 1.9%, the lowest since 2020. This suggests that workers are choosing to stay in their current jobs due to uncertainty in the labor market. Adding to the economic pressure, US average gas prices recently surpassed $4 a gallon, and experts warn that every $10 increase in the price of a barrel of oil can lead to a 0.2% climb in inflation, reminiscent of the price shocks seen in 2022 following Russia's invasion of Ukraine.
#jobs #market #february
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News Apr 03, 2026

US Homeland Security Shutdown Persists Despite Senate Funding Approval

A partial US government shutdown affecting the Department of Homeland Security (DHS) will continue …
The US government shutdown affecting the Department of Homeland Security (DHS) will persist, despite the Senate passing a funding bill. The partial shutdown, which began on February 14, will continue until at least Monday, when the House of Representatives reconvenes.The stalemate centers on whether DHS should reform its immigration procedures, following criticism of President Donald Trump’s mass deportation push. Democrats have refused to pass funding to Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) without reforms to their practices.The shutdown has had several knock-on effects, including airport delays and unpaid workers. DHS, which oversees the Transportation Security Administration (TSA), has seen its airport security agents go without pay for six weeks. With agents calling out sick or leaving their jobs, US airports have reported long lines and widespread travel delays.President Trump has endorsed a plan to fully fund DHS, which involves a two-track approach: passing a bill to fund the department, except for ICE and CBP, and then funding ICE and CBP through separate spending legislation. Trump has also vowed to pay 'all' DHS employees, although details on how this will be achieved are unclear.The shutdown has been politically unpopular, with unions and transportation safety groups criticizing the strain it has placed on workers and airport security. Democrats have sought to leverage the funding bill to press for changes to Trump’s immigration policy, while Republicans have accused them of putting Americans' livelihoods in jeopardy for political gains.
#funding #bill #trump
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Politics Apr 02, 2026

Trump Says US Nears Victory as Iran Fires New Missiles, Gulf States Intercept Attacks and Markets React

On day 34 of the US‑Israel war, Iran launched a fresh wave of missiles after President Trump claime…
Iran launched a new barrage of missiles at Israel following President Donald Trump’s televised claim that Washington had "destroyed the Iranian military" and was on the brink of completing its war objectives. Trump’s address, delivered hours after he asserted that Tehran had requested a ceasefire—a claim Tehran promptly denied—also featured a pledge to "finish the job" and a statement that the core strategic goals of the United States were "nearing completion." Iranian President Masoud Pezeshkian emphasized that Iran holds no hostility toward the peoples of the United States, Europe or neighboring states, while urging the American public to question the motives behind the continued conflict. In Tehran, the war has intensified: US‑Israeli air campaigns continue to cause casualties and infrastructure damage, and Iranian forces persist with missile and drone counter‑attacks. Foreign Minister Abbas Araghchi warned that, despite receiving messages from Washington, "trust remains at zero" for any negotiation. Senior political figure Kamal Kharazi, a former foreign minister, was seriously wounded when a strike hit his home in Tehran, killing his wife. Kharazi had been involved in back‑channel talks through Pakistan aimed at reviving negotiations. In the Gulf, the United Arab Emirates reported intercepting incoming Iranian missiles and drones, and a tanker off Doha sustained damage from a projectile, though no casualties were reported. President Trump publicly thanked Gulf allies, pledging that the United States would not allow them to be harmed. Within the United States, analysts such as Trita Parsi of the Quincy Institute noted that Trump’s speech offered little new information, essentially summarising recent tweets and suggesting a lack of a clear operational plan. Israel’s military confirmed that its air‑defence systems were actively intercepting Iranian missiles, but the attack wounded 14 civilians, including an 11‑year‑old girl, near Tel Aviv. Israeli officials said the timeline outlined by Trump aligns with Prime Minister Benjamin Netanyahu’s assessment of the campaign. Regional spill‑over continued: an Israeli strike on Beirut killed a senior Hezbollah commander and at least seven civilians, while an air strike on Iraq’s Anbar province killed seven fighters and injured 13 at a military healthcare clinic. On the economic front, the World Bank expressed "extreme concern" about the conflict’s impact on inflation, employment and food security, and is consulting member states on emergency measures. Despite the turmoil, global equity markets rallied and oil prices fell after Trump’s optimistic remarks, indicating short‑term investor relief.
#Donald Trump #Iran #United States
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Politics Apr 02, 2026

Iranian Mourners Defy US Threats at IRGC Commander’s Funeral on 47th Republic Anniversary

Thousands gathered in Tehran to mourn IRGC naval commander Alireza Tangsiri, killed in an Israeli s…
Thousands of Iranians assembled in Tehran for the funeral of senior IRGC naval commander Alireza Tangsiri, who was killed in an Israeli strike, vowing steadfast resistance even as the United States issued stark warnings.The ceremony took place on the 47th anniversary of the Islamic Republic, a milestone that marks the 1979 revolution that ended the centuries‑old monarchy.This year’s commemoration carries added weight as the capital endures relentless U.S.-Israeli bombardments that began on February 28."This war has lasted a month. No matter how long it takes, we will keep fighting," declared Moussa Nowruzi, a 57‑year‑old pensioner, adding, "We will resist until the end."Among the mourners, a young boy brandished a sign reading "Revenge", while massive Iranian flags fluttered as crowds filled Enghelab Square, the heart of the city named after the revolution.Chants of "God is greatest, Khamenei is the supreme leader" echoed through the square, and a man was seen sobbing in the arms of a woman dressed in black.Participants also honored relatives lost in the conflict, their faces displayed on placards, as Tangsiri’s coffin was carried slowly through the gathering.Tangsiri, one of the IRGC’s longest‑serving senior officers, was credited with orchestrating the closure of the Strait of Hormuz to vessels aligned with the United States and Israel during the ongoing war.Later that day, U.S. President Donald Trump addressed the nation on television, reiterating that the war was inevitable and that America intended to "finish the job" in Iran.Trump previously claimed that Iran’s president had sought a truce—a statement Tehran denied—and warned that bombardments would continue until the Hormuz waterway was "open, free, and clear."Funeral attendees dismissed the president’s threats. "We have heard Trump say things that even the American public finds confusing," said Homa Vosoogh, 36, adding, "His statements do not affect us."Government employee Mohammad Saleh Momeni echoed the sentiment, asserting that Trump "cannot translate his words into action" and reaffirming their loyalty to Iran’s leadership.While the United States and Israel initially framed their campaign as a push for regime change, Trump’s stance has since wavered.According to the report, air strikes have claimed the life of Supreme Leader Ayatollah Ali Khamenei, who led Iran for 36 years, yet the governing structure remains functional, retaining its missile and drone capabilities.Portraits of the late leader and his son Mojtaba Khamenei, who has yet to appear publicly, dominate public spaces throughout Tehran."They believe killing our commanders will weaken us, but it will not," Momeni asserted, describing the adversaries’ misconceptions.Despite a wave of anti‑government protests that peaked in January, a segment of the population continues to harbor hopes for political reform.
#Iranian Revolutionary Guard Corps #Alireza Tangsiri #Donald Trump
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Technology Apr 02, 2026

The Dark Side of Progressive AI: A Call to Slow Down

The article questions the notion of 'progressive AI' and its implications on society, highlighting …
The recent visit of Anthropic's CEO Dario Amodei to Canberra has sparked a critical examination of the role of AI in society. Amodei, known for his 'progressive' approach to AI, has been promoting a vision of a future where AI transforms the economy and improves lives. However, the author of the article argues that this vision may not be as progressive as it seems. The risks associated with AI, such as job displacement, cultural homogenization, and potential harm to individuals, cannot be ignored. The article highlights the concerns of experts like Toby Walsh, who notes that AI is both good and bad, and that its impact depends on how it is used and regulated. The author, Peter Lewis, questions his own progressive credentials and argues that the unchecked development of AI threatens to undermine the very notion of progress. He suggests that the government should slow down the development of AI and establish guardrails to prevent its negative consequences. The article cites examples of experts and politicians, such as Bernie Sanders and Alexandria Ocasio-Cortez, who are calling for a moratorium on the development of new datacenters. The author argues that this cautious approach is necessary to ensure that AI is developed in a way that benefits society as a whole, rather than just a select few. Ultimately, the article concludes that the future of AI must be shaped by a nuanced and informed discussion about its potential risks and benefits. The author argues that only by slowing down the development of AI and establishing clear regulations can we ensure that its impact is truly progressive.
#progressive #but #our
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Environment Apr 02, 2026

The Power of Partnership: Horse Logging in Dorset

A 12-year-old mare named Etty and her handler Toby Hoad demonstrate the art of horse logging in Dor…
In a picturesque woodland setting, a remarkable partnership between a 12-year-old mare named Etty and her handler, Toby Hoad, showcases the effectiveness of horse logging. This traditional yet sustainable method of extracting tree trunks causes minimal disturbance to the environment compared to mechanized approaches. Etty, a stocky chestnut mare, works in tandem with Toby, requiring a deep understanding and trust between them. Toby explains that building a strong relationship with his equine partner is crucial: 'You've really got to build up a relationship; you've got to build up trust. I can drop the reins, and she will pull out the log for me if it's in a tight spot.' The use of horsepower for logging offers several advantages. Equines are more maneuverable, can work in restricted spaces, don't compact the ground, and cope well with wet conditions without damaging the forest floor. These benefits make horse logging an attractive alternative to traditional methods. Toby, one of only a handful of professionals doing this job full-time, uses the French Comtois draught breed for their strength and suitability for the task. The breed's compact size and robust nature make them ideal for navigating woodland terrain. Toby notes that traditional UK heavy horses, such as shires, would be too large for this work. As the seasons change, Toby and Etty are nearing the end of their current project, removing diseased ash trees from a coppice. The work will resume in September, with the team taking a break to participate in agricultural shows and engage in other activities like bracken rolling, a non-chemical method of controlling fern growth.
#Etty #Toby Hoad #horse logging
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Economy Apr 02, 2026

US Economy in Turmoil: One Year On from Trump's 'Liberation Day' Tariffs

It's been one year since Donald Trump's 'liberation day' tariffs shook the global economy. Experts …
It's been 12 months since Donald Trump's 'liberation day' on April 2, 2025, when the US president introduced tariffs on nearly every country the US did business with. The move sent shockwaves through the global economy, causing chaos in Washington and beyond. Experts say that if Trump had spent the last 14 months on the golf course instead of in the White House, the US economy would be in a better place. The wholesale slashing of government jobs and defunding of US aid agencies had already signaled that Trump was in a hurry to upset institutions he considered profligate or useless. Investors quickly understood that chaos was an essential tool in Trump's armoury. Almost as soon as he was inaugurated, there was a steady decline in the value of the dollar against other currencies. Investors sold assets denominated in dollars and bought assets elsewhere: Europe, Asia, South America. Dario Perkins, the head of global research at the consultancy TS Lombard, said: 'If you think that discouraging investors from buying assets in the US is a victory, then you don’t believe in a growing economy.' He added that Trump's policies had led to a decline in US manufacturing jobs and a growing trade deficit. The data supports Perkins' claims. US companies stopped hiring almost as soon as liberation day was announced. Significant revisions in February to data covering 2025 pushed payroll employment down by 403,000 jobs, resulting in the addition of just 181,000 jobs last year. This small boost is set against the 163 million people who are employed in the US. Russ Mould, the investment director of the British stockbroker AJ Bell, said: 'America is still home to the world’s largest economy and its reserve currency, as well as the globe’s largest equity and bond markets, but investors continue to reassess their exposure one year on from liberation day.' The next few months of steadily increasing confidence levels followed probably the calmest period in the second Trump presidency. But sentiment began to fall again in the autumn as the White House battled with Congress over the federal budget deficit and much of the public sector was shut down. A poll by the University of Michigan showed consumer confidence at a near record low at the end of 2025. A six-month moving average produced by the Conference Board showed every generation, from baby boomers to gen Xers, had lost confidence in the economy over the past year. Trump’s liberation day executive order stated: 'The decline of US manufacturing capacity threatens the US economy in other ways, including through the loss of manufacturing jobs.' However, the US manufacturing sector shed 100,000 jobs between January 2025 and March 2026. The ratio of manufacturing workers to total nonfarm employment fell to the lowest point since 1939. Bryan Riley, the director of the National Taxpayers Union Foundation’s free trade initiative, said: 'One year after liberation day, the evidence is in. Tariffs failed even by the Trump administration’s own terms. They did not shrink the trade deficit, did not revitalise manufacturing and did not help farmers. It would be a mistake to replace one set of failed tariffs with another.' Some major US companies have redirected their investments to Europe, but China has proved to be one of the main beneficiaries. In the year to February 2026, China’s industrial profits increased by 15.2%. It's a boom that Beijing will struggle to repeat should Chinese companies face fuel and energy shortages and price hikes. But the decline of two major powers can only be to China’s gain.
#Donald Trump #tariffs #US manufacturing jobs
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Economy Apr 02, 2026

Student Loan Forgiveness Offers Lifeline to Hundreds of Thousands Amid $1.7 Trillion Debt Burden

A small but growing group of U.S. borrowers are experiencing life‑changing relief as the Department…
Out of roughly 43 million Americans who collectively owe close to $1.7 trillion in student loans, only a limited number have seen their balances wiped clean. For those fortunate few, the impact has been profound, reshaping financial stability and opening new career possibilities.Laura Kluss, a 41‑year‑old clinical social worker from Sacramento, California, received forgiveness through the Public Service Loan Forgiveness (PSLF) program at the end of 2025. Her loan, which had ballooned into the six‑figure range, was reduced to zero, allowing her to consider a shift from government work to the private sector without the weight of debt.Earlier this week, the U.S. Department of Education began alerting approximately 164,000 additional federal borrowers that they may qualify for automatic loan discharge. The outreach focuses on individuals who attended any of more than 150 colleges alleged to have misled students about graduation rates, employment outcomes, or true program costs.For borrowers like Kimberly from Pennsylvania, the news feels like “hitting the lottery.” She explained that the forgiveness will enable her to settle other obligations, such as her mortgage and vehicle loan, and she warned that “college is a scam unless you become a doctor or a lawyer,” urging prospective students to consider trade schools instead.Ian Hobbs, a 43‑year‑old adjunct professor in Arizona, also saw his loans discharged, yet he stresses lingering repercussions. He noted that a high debt‑to‑income ratio has blocked mortgage approvals and job opportunities for over a decade, describing the experience as akin to “indentured slavery.”Jennifer Alfonso, a disabled stay‑at‑home wife from Florida, is awaiting a decision on a Total and Permanent Disability (TPD) discharge. She said that relief would prevent automatic deductions from her SSDI benefits, which currently leave her barely able to cover basic living costs.Alfonso also cautioned others to verify a school’s accreditation, recounting her own ordeal with an unaccredited institution that forced her to restart her nursing education after transferring credits.Brad Hufeld, a retiree in Delaware, Ohio, has carried a loan for 23 years after his college closed before he could graduate. He highlighted the personal toll, including the loss of his mother during that period, and urged borrowers to read the fine print before signing up for any program.A woman in her 60s working at a bottling plant in Kentucky, who filed for Chapter 13 bankruptcy two years ago, expressed hope that forgiveness could finally allow her to retire and keep her bills current.Finally, a 65‑year‑old semi‑retired truck driver in Texas, whose loan finances a truck‑driving certification rather than a degree, said that discharge would improve his credit score and provide much‑needed financial relief, adding a reminder to “do your homework before committing to any educational path.”p>
#Department of Education #student loan forgiveness #public service loan forgiveness
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Tech Apr 02, 2026

Google Introduces Gmail Address Change Feature for US Users

Google is allowing US users to change their Gmail address username once every 12 months without los…
Google has announced a new feature that allows US users to change their Gmail address username without losing access to their account. This update enables users to appear more professional by changing the quirky usernames they may have chosen in the past. The tech company has introduced a limit of one name change per 12 months. For example, users with addresses like [email protected] can change them to more professional ones like [email protected]. Sundar Pichai, Google's chief executive, highlighted that users can now say goodbye to outdated usernames like [email protected] or [email protected] by updating their account settings. Previously, Gmail users with quirky email addresses had to create a new account to change their username. The new feature allows users to transfer all their emails, data, and future traffic to the new address while keeping their old address active. Users can change their Gmail address by going to their account settings, clicking on personal info, then email, and selecting the option to change their Google account email. Google has not indicated whether this feature will be rolled out worldwide. This update is particularly significant as email addresses are now integral to day-to-day online tasks, such as logging into streaming platforms, and are highly visible in professional interactions like job applications.
#Google #Gmail #Email address change
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