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Fetterman tells Maher he feels 'lonely' as a moderate Democrat

9 May 2026 at 16:22
Sen. John Fetterman (D-Pa.) reiterated on Friday that he has no plans to switch political affiliations, even as he says he feels increasingly “lonely” in his party. Fetterman told comedian and "Real Time" host Bill Maher that he has seen a shift in the Democratic Party’s “values,” including on issues such as Israel, border security...

Rubio describes Pope Leo meeting as 'very cordial' amid Iran tensions

9 May 2026 at 12:01
Secretary of State Marco Rubio expressed a positive outlook on his meeting with Pope Leo XIV earlier this week, despite tensions between the White House and Vatican over the Iran war. “The holy father is a spiritual leader, first and foremost, I mean, that’s his role to play, and obviously the church has always interacted...

  • ✇Malay Mail - All
  • US jobs rise but consumer confidence sinks to historic low amid Iran war fallout
    WASHINGTON, May 9 — US employment rose more than expected in April, alleviating some concerns about the health of the world’s largest economy even as one measure of consumer confidence came in at its lowest-ever level.“Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labor Statistics (BLS) said on Friday.US consumer confidence, however, was an all-time low according to a Univ
     

US jobs rise but consumer confidence sinks to historic low amid Iran war fallout

9 May 2026 at 01:54

Malay Mail

WASHINGTON, May 9 — US employment rose more than expected in April, alleviating some concerns about the health of the world’s largest economy even as one measure of consumer confidence came in at its lowest-ever level.

“Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labor Statistics (BLS) said on Friday.

US consumer confidence, however, was an all-time low according to a University of Michigan survey, with Americans weighed down by concerns about high prices and the fallout of the US-Israel war on Iran.

The university’s Index of Consumer Sentiment came in at 48.2 in May 2026, its lowest level since data collection began in 1952, according to the survey’s website.

Friday’s data illustrated the complicated issues faced by the US economy. Job growth has see-sawed between expansion and contraction for the last year, and inflation has remained stubbornly high since the pandemic.

While April’s jobs data showed growth, economists have expressed concern that the zig-zagging employment data is due to underlying weakness in economic growth.

Nonetheless, the figure is likely to reassure Federal Reserve officials that they can hold interest rates steady for now, as surging energy costs due to the Iran war fan inflation fears.

Friday’s jobs data beat analyst expectations, with economists polled by Dow Jones Newswires and the Wall Street Journal expecting growth of 55,000.

The White House welcomed the new data, with spokesperson Kush Desai calling it “yet another sign that the American economy remains on a solid trajectory under President (Donald) Trump.”

Reliance on health care

Last month’s jobs gains mainly came in the health care, transportation and warehousing, and retail trade sectors.

The health care sector has been a consistent performer as the US population ages, driving job growth over the last two years.

In April, the sector’s gains were mainly in nursing and residential care facilities.

Transportation and warehousing rose in April, but was still down by 105,000 from its peak in February 2025.

Federal government employment continued to decline. Trump has taken a hatchet to the sector, shutting down entire agencies and pressuring workers to quit.

Employment in the sector is down by 11.5 per cent — or 348,000 jobs — from its peak in October 2024.

The information and computing sector continued a recent trend of contraction, down 11 per cent from its most recent peak in November 2022.

The new BLS report also revised figures for February and March, showing 16,000 fewer jobs than previously reported.

The US unemployment rate has remained relatively steady around 4.3 per cent despite the tumult in labour demand, with economists attributing it to a drop in labour supply.

‘Risky’

Dan North, senior economist at Allianz Trade, warned that US jobs growth has been overly reliant on health care in recent months.

“Over the last 24 months, health care has created 81 per cent of the private sector jobs — everything else, 19 per cent,” he told AFP, calling it a “risky” way to run the economy.

Nancy Vanden Houten, lead US Economist at Oxford Economics, said that if health care were excluded, “job growth was negative over the last 12 months.”

North said that over-reliance and the continuing see-sawing of the labour market were of concern, presenting worrying signals for the overall economy.

Others were more upbeat, with Northlight Asset Management’s Chris Zaccarelli saying the April jobs data showed “the economy is so much better than what the doom crew has been saying”.

Nationwide Chief Economist Kathy Bostjancic said the jobs data was welcome at a time of economic headwinds due to the Iran war.

“While higher gasoline prices will curtail consumer spending, especially hitting lower-income households, the strong labour market will offer an offset,” she said.

EY-Parthenon economists Gregory Daco and Lydia Boussour said in a note issued before Friday’s report that they expected “a largely frozen labour market” for the rest of the year, due to overlapping supply shocks, including the effects of the Iran war. — AFP

  • ✇Malay Mail - All
  • Philippines’ Marcos says Asean demonstrating capacity to respond to Middle East war
    CEBU, May 8 — ‌Philippine President Ferdinand Marcos Jr said today the regional bloc Asean was standing together to demonstrate its capacity to respond with unity and resolve amid uncertainty ‌and volatility in the ⁠Middle ⁠East.Marcos, as ⁠chair of the ⁠Association ⁠of South-east Asian Nations, told ⁠a summit of its leaders that the war in Iran ⁠was challenging the 11-member grouping to remain agile ⁠amid “considerable challenges across ⁠our ⁠region and beyond”.
     

Philippines’ Marcos says Asean demonstrating capacity to respond to Middle East war

8 May 2026 at 02:38

Malay Mail

CEBU, May 8 — ‌Philippine President Ferdinand Marcos Jr said today the regional bloc Asean was standing together to demonstrate its capacity to respond with unity and resolve amid uncertainty ‌and volatility in the ⁠Middle ⁠East.

Marcos, as ⁠chair of the ⁠Association ⁠of South-east Asian Nations, told ⁠a summit of its leaders that the war in Iran ⁠was challenging the 11-member grouping to remain agile ⁠amid “considerable challenges across ⁠our ⁠region and beyond”.  — Reuters

 

Iranian official calls reported peace proposal 'Americans' wish list'

7 May 2026 at 03:06
An Iranian official on Wednesday called a reported peace deal for the end to the U.S. war against Iran the “Americans’ wish list.” “Axios' text is Americans' wish list until it becomes reality,” Ebrahim Rezaei, a spokesperson for the Iranian parliament on national security, said in a post on the social platform X Wednesday morning,...

Airline fuel costs jumped 56 percent in March: Transportation Department

6 May 2026 at 21:16
Airline fuel costs went up 56 percent in March, according to the Department of Transportation (DOT) — a sharp spike in the first full month after the outbreak of the Iran war. In a Wednesday release, the DOT’s Bureau of Transportation Statistics (BTS) said that U.S. scheduled service airlines’ total fuel expenditure was $5.06 billion...

Nearly 6 in 10 Americans think prices will be higher a year from now: Poll

5 May 2026 at 18:57
Nearly 6 in 10 Americans believe prices will be higher than they are today a year from now, according to a new poll. In the survey from The Economist/YouGov, 59 percent said they believe prices are set to be “higher" than they currently are in 12 months. Fifteen percent said prices are set to be...

Graham reverses: 'I'm not a real advocate of taking Kharg Island'

5 May 2026 at 15:15
Sen. Lindsey Graham (R-S.C.) on Monday reversed course on his push to deploy troops to take control of Kharg Island, which handles roughly 90 percent of Iran’s crude oil exports. “I’m not a real advocate of taking Kharg Island. I think we oughta tell the Iranians we will destroy it from the air,” Graham said...

  • ✇TheHill - Just In
  • Graham calls for 'forceful response' to Iran after UAE targeted Tara Suter
    Sen. Lindsey Graham (R-S.C.) on Monday afternoon called for a “forceful response” to Iran after the United Arab Emirates (UAE) was targeted in recent attacks. “The combination of Iran’s attack against UAE’s vital infrastructure and continued attacks on international shipping, including a South Korean cargo ship, more than justifies a big, strong and short response...
     

Graham calls for 'forceful response' to Iran after UAE targeted

4 May 2026 at 20:21
Sen. Lindsey Graham (R-S.C.) on Monday afternoon called for a “forceful response” to Iran after the United Arab Emirates (UAE) was targeted in recent attacks. “The combination of Iran’s attack against UAE’s vital infrastructure and continued attacks on international shipping, including a South Korean cargo ship, more than justifies a big, strong and short response...

Trump urges South Korea to join Iran war after ship fired upon

4 May 2026 at 18:44
President Trump on Monday urged South Korea to join the Iran war after Seoul reported an explosion on a ship traveling in the Strait of Hormuz, which Iran has closed off amid the war with the U.S. and Israel. Trump on Sunday said the U.S. would begin guiding ships through the Strait of Hormuz, which...

Trump says US will help free ships in Strait of Hormuz

3 May 2026 at 21:55
President Trump said Sunday that the U.S. will assist in freeing ships in the Strait of Hormuz, a key waterway for the oil industry, which has been closed during the conflict with Iran. “Countries from all over the World, almost all of which are not involved in the Middle Eastern dispute going on so visibly,...

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