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US jobless claims drop sharply, but tariff tensions cloud labour market outlook
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Despite escalating trade tensions and economic uncertainty, initial jobless claims unexpectedly fell, indicating resilience in the labor market. However, economists remain cautious due to tariff impacts and potential inflation. While employers hesitate to lay off workers, some trade-exposed businesses have initiated modest job cuts, and the median duration of unemployment has increased, signaling potential challenges ahead.
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Three killed, 13 injured in Bajura jeep accident; victims airlifted by Army chopper
BAJURA: At least three people were killed and 13 others injured in a jeep accident in Himali...