Skip to main content

Featured

Missile Fire from Yemen's Houthi Rebels Triggers Sirens in Central Israel for the Second Night

  For the second consecutive night, air raid sirens blared across central Israel as a missile launched from Yemen's Houthi rebels was intercepted by Israeli air defenses early Wednesday morning. The missile, aimed at the Tel Aviv area, was successfully intercepted before crossing into Israeli territory, though shrapnel from the interception fell in several towns.  This marks the fourth time in a week that missile fire from the Houthi rebels has set off sirens in Israel. On Saturday, a missile hit a playground in Tel Aviv, injuring 16 people after Israel's air defense system failed to intercept it. In response, Israeli jets struck Yemen's rebel-held capital and a port city, resulting in nine casualties.  Israel's foreign minister has requested an emergency meeting of the U.N. Security Council to condemn the Houthi attacks and their alleged Iranian allies for providing the rebels with weapons. The situation remains tense as both sides continue to exchange fire, with the H...

Strong Job Growth in May Despite Slight Unemployment Increase

 

The U.S. economy added an impressive 272,000 jobs in May, surpassing economists’ expectations. However, the unemployment rate ticked up slightly to 4% from the previous month’s 3.9%. This unexpected surge in job creation highlights the Federal Reserve’s challenge in managing interest rates. While the overall economy remains resilient, inflation pressures persist. Wages also saw a positive trend, increasing 4.1% year over year. Despite these gains, the Fed faces a delicate balancing act. 


Comments