Author: i2wtc

National Economic Council Director Kevin Hassett speaks to the press outside the West Wing of the White House on February 11, 2026 in Washington, DC. The Bureau of Labor Statistics announced that the United States had added 130,000 jobs in January.Anna Moneymaker | Getty ImagesPresident Donald Trump’s top economic advisor Kevin Hassett said Thursday that getting even one oil tanker through the Strait of Hormuz would provide a “huge chunk of what’s missing” amid a global supply crunch caused by the U.S.-Israel war in Iran.Hassett, director of White House’s National Economic Council, made the claim as traffic through the key…

Key PointsAmazon Prime Video will have two hours of exclusive Masters coverage, from 1 p.m. ET to 3 p.m. ET, on Thursday and Friday.Amazon will not have any tie-ins with its ecommerce business during the broadcast. Rather, it will adhere by the Masters’ strict broadcasting rules.Amazon is only the fourth media partner in the Masters history, joining CBS, USA Network and ESPN. A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions,…

Calls on international community to take urgent, concrete steps to end aggressionForeign Office Spokesperson Tahir Andrabi speaking at a press briefing today on Thursday, March 26. PHOTO: SCREENGRAB Pakistan on Thursday strongly condemned Israeli aggression against Lebanon, citing the loss of innocent lives and widespread destruction of infrastructure, according to the Ministry of Foreign Affairs (MoFA). “The Israeli actions undermine international efforts to establish peace and stability in the region and constitute a blatant violation of international law and fundamental humanitarian principles,” the statement read. The Foreign Office called on the international community to take urgent and concrete steps to…

Amazon ‘s stock performance hasn’t been much to write home about lately. But CEO Andy Jassy’s latest annual letter to shareholders strengthened our resolve to stick with it. The reason: Amazon is putting a ton of shots on goal, and the company’s track record suggests enough of them will find the back of the net, rewarding our patience once the profits start flowing. Wall Street agreed, at least on Thursday, with shares up 4.5%. While encouraging, the rally only brings the stock back to flat year to date. Amazon’s shots are coming from all over, including a massive AI computing…

The sticker ‘U.S. Army’ seen on a soldier uniform from the 1st Infantry Division, during a military training at Nowa Deba training ground, in Nowa Deba, Poland, on April 12 2023. Artur Widak | Nurphoto | Getty ImagesThe Selective Service System plans to automatically register eligible American men between ages 18 and 26 for a U.S. military draft by December, almost a half-century after compulsory registration for the draft by that group became law, a government filing shows.The SSS’s proposal would implement a requirement passed by Congress in December in the National Defense Authorization Act to include automatic registration for…

People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, U.S. July 30, 2022. Octavio Jones | ReutersDisney is planning to begin its next phase of cost cutting, which will include as many as 1,000 layoffs, according to a person familiar with the matter. The cost-cutting initiative comes shortly after Josh D’Amaro took the helm as CEO in mid-March. The layoffs are expected to mostly affect Disney’s marketing department, according to the person, who requested to speak anonymously because the moves had not yet been made public. That department…

Erik Isakson | Digitalvision | Getty ImagesMaine is poised to implement the first statewide ban on data center construction, a move that could clear the way for other states to adopt similar measures and pump the brakes on a growing industry.Lawmakers in Maine greenlit the text of a bill this week to block data centers from being built in the state until November 2027. The measure, which is expected to get final passage in the next few days, also creates a council to suggest potential guardrails for data centers to ensure they don’t lead to higher energy prices or other…

Reaffirms Pakistan’s commitment to advance peace efforts, including facilitating dialogue through talksPrime Minister Shehbaz Sharif chairs review meeting on petroleum reserves and public relief measures in Islamabad on Saturday. SCREENGRAB Prime Minister Shehbaz Sharif on Thursday strongly condemned Israel’s ongoing aggression against Lebanon that threatens the ceasefire between the United States and Iran. In a statement on his X account, the premier said he spoke with Lebanon’s PM Nawaf Salam. “I strongly condemned Israel’s ongoing aggression against Lebanon and offered condolences over the loss of thousands of precious lives in Lebanon as a result of these hostilities. “I reaffirmed Pakistan’s…

Kia plans to release a pickup truck for American consumers in the coming years, as the South Korean automaker plots continued growth domestically and globally.The company said Thursday it will add a pickup truck that includes hybrid variants by 2030 as a major expansion of its brand into the highly lucrative U.S. market. At least one hybrid variant is expected to be produced in the U.S., according to a presentation from Kia’s CEO investor day.Detroit automakers General Motors, Ford Motor and Chrysler parent Stellantis dominate U.S. full-size pickup truck sales, however Kia reportedly plans to have its pickup be a…

A teacher plays with children at a kindergarten in Beijing, capital of China, April 1, 2026. (Xinhua/Xie Han)* Advancing the high-quality, efficient development of the service sector is vital to building a modern industrial system, a key strategic priority for the country over the next five years.* Fostering a stronger and more efficient service sector is crucial to boosting domestic demand, improving people’s quality of life and creating jobs.* China is making the service sector a key focus in expanding high-standard opening up, attracting high-quality global service providers to deepen their presence in the domestic market and sharing development opportunities…