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Barbs Traded After US Warship Sails In China-Claimed Territorial Sea

China and the United States have engaged in a renewed spat over the activity of a U.S. naval ship in the South China Sea, with Washington asserting its right to navigate territorial waters and Beijing warning of “serious consequences.” The USS Benfold guided-missile destroyer conducted a “freedom of navigation operation” …

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Why Jobs Are Plentiful While Workers Are Scarce – Analysis

Almost two years after the pandemic upended labor markets, job openings are plentiful in many advanced economies, yet workers have not fully returned. This gap, in which the employment rate is below its pre-COVID level, is playing out in the United States and the United Kingdom. Despite tight labor markets, …

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