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Donald Trump fires senior labour official after weak jobs report

Donald Trump fires senior labour official after weak jobs report

CBC2 days ago
U.S. President Donald Trump ordered the firing of Erika McEntarfer, the head of the Bureau of Labour Statistics, on Friday. This comes after a report from the department highlighted job numbers were lower than expected for the month of July.
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U.S. court upholds order blocking indiscriminate targeting by immigration patrols
U.S. court upholds order blocking indiscriminate targeting by immigration patrols

National Post

time20 minutes ago

  • National Post

U.S. court upholds order blocking indiscriminate targeting by immigration patrols

A U.S. appeals court has upheld an order blocking immigration agents from carrying out patrols in California that led to indiscriminate detentions without reasonable grounds to suspect people of being undocumented. Article content The ruling late Friday by a three-judge panel denies the federal government's appeal to overturn a temporary July order to halt the 'roving patrols' in Los Angeles that immigration rights groups have described as illegally using racial profiling. Article content Article content Article content District Judge Maame Ewusi-Mensah Frimpong had ordered an end to the arrests, arguing such actions by agents violate a person's constitutional rights that safeguard against unreasonable seizures by the government. Article content Article content She said the detentions were being made 'based upon race alone,' on whether a person was speaking Spanish or English with an accent or because of their place of work, and ordered them stopped. Article content Friday's ruling by the US court of appeals for the Ninth Circuit described the case of plaintiff Jason Gavidia, a U.S. citizen born and raised in East Los Angeles who was arrested outside a tow yard in Montebello on June 12 by agents carrying military-style rifles. Article content 'The agents repeatedly asked Gavidia whether he is American — and they repeatedly ignored his answer: 'I am an American,'' the ruling said. Article content Agents asked what hospital he was born in, and Gavidia responded he did not know, but said he was born in 'East LA.' Article content It said Gavidia told the agents he could show them his government-issued ID. 'The agents took Gavidia's ID and his phone and kept his phone for 20 minutes. They never returned his ID.' Article content Article content California residents and advocacy groups sued the Department of Homeland Security over the detentions. Article content Los Angeles and surrounding suburbs have been ground zero for President Donald Trump's aggressive immigration crackdown. Article content He ordered the U.S. military deployed there for weeks, and agents have rounded up migrants at car washes, bus stops, stores and farms. Article content The ruling said the government's defense team argued that 'certain types of businesses, including car washes, were selected for encounters because… they are likely to employ persons without legal documentation.' Article content Rights groups hailed the order as a victory for those seeking to bar the Department of Homeland Security and agents from Immigration and Customs Enforcement from conducting such raids. Article content 'This decision is further confirmation that the administration's paramilitary invasion of Los Angeles violated the Constitution and caused irreparable injury across the region,' said attorney Mohammad Tajsar of the ACLU Foundation of Southern California. Article content 'We look forward to holding the federal government accountable for these authoritarian horrors it unleashed in Southern California.' Article content

LeBlanc says he expects Carney, Trump to talk 'over the next couple of days'
LeBlanc says he expects Carney, Trump to talk 'over the next couple of days'

CBC

time21 minutes ago

  • CBC

LeBlanc says he expects Carney, Trump to talk 'over the next couple of days'

Social Sharing Dominic LeBlanc says he expects Prime Minister Mark Carney and U.S. President Donald Trump will have a conversation with each other "over the next couple of days" as Canada tries to find a way out of a 35 per cent blanket tariff on exports to the U.S. "We believe there's a great deal of common ground between the United States and Canada in terms of building two strong economies that work well together," said LeBlanc, the minister responsible for Canada-U.S. trade, on CBS's Face The Nation. LeBlanc left Washington earlier this week without a deal, but he told host Margaret Brennan he came out of discussions "with a better understanding of the American concerns in the trading relationship…. So we're prepared to stick around and do the work needed." Few Canadian goods subject to new rate On Friday just after midnight, Canada's tariff rate rose to 35 per cent following a Trump executive order that criticized Canada's "lack of co-operation" in curbing the flow of fentanyl southward and for retaliating against Trump's existing tariffs. But only a very small number of Canadian products will actually be subjected to that rate — specifically goods not covered by the Canada-U.S.-Mexico Agreement, which governs trade between the three countries. WATCH | LeBlanc insists there wasn't a good deal before Trump's Aug. 1 deadline: No trade deal with U.S. better than a bad one, LeBlanc says 2 days ago LeBlanc told Brennan that Canada was "obviously disappointed" by Trump's decision to raise the tariff rate. In a separate interview on Face The Nation, U.S. Trade Representative Jamieson Greer said Canada was the only country aside from China to retaliate against Trump's tariffs. "If the president is going to take an action and the Canadians retaliate, the United States needs to maintain the integrity of our action — the effectiveness — so we have to go up," Greer told Evans. Trump tariffs face legal challenge When asked whether Canada should drop its countertariffs, LeBlanc cited Ottawa's 25 per cent countertariff on U.S. steel and aluminum imports. "There's a 50 per cent tariff when we want to sell [steel] into the United States, so effectively we're blocked from doing that. But the national security interest of Canada requires we have a viable steel and aluminum sector." Trump invoked his 35 per cent levy using a law that allows the U.S. president to take emergency economic measures to "deal with any unusual and extraordinary threat" to national security. That tariff is facing a legal challenge that has now reached a federal appeals court, putting it further along in the U.S. court system than any other tariff lawsuit.

3 Top REIT Dividend Stocks to Buy in August for Passive Income
3 Top REIT Dividend Stocks to Buy in August for Passive Income

Globe and Mail

timean hour ago

  • Globe and Mail

3 Top REIT Dividend Stocks to Buy in August for Passive Income

Key Points Mid-America Apartment Communities has increased its dividend for 15 years in a row. Invitation Homes has raised its payment every year since it went public. Realty Income has one of the best dividend growth streaks in the REIT sector. 10 stocks we like better than Realty Income › Investing in real estate investment trusts (REITs) is a great way to generate passive dividend income. Most REITs own large portfolios of income-generating real estate, which provide them with the cash flow to pay attractive dividends. Mid-America Apartment Communities (NYSE: MAA), Invitation Homes (NYSE: INVH), and Realty Income (NYSE: O) are three top REITs due to their consistent dividend growth, strong financial profiles, and high-quality portfolios. Those features make them great stocks to buy for passive income this August. Capitalizing on growing apartment demand Mid-America Apartment Communities has an excellent record of paying dividends. The landlord recently declared its 126th consecutive quarterly dividend. It pays $6.06 per share each year, giving it a more than 4% yield at its recent share price. Mid-America has never reduced or suspended its dividend in its more than 30 years as a public company and has raised the payout for 15 years in a row. The REIT should have no trouble continuing to increase its dividend. Demand for apartments in the Sun Belt region where it operates is strong and growing, while new supplies should be limited in the future. That should keep occupancy levels high across its portfolio and drive steady rent growth. Meanwhile, Mid-America Apartment Communities currently has nearly $1 billion of apartment development projects underway that it expects to complete over the next few years. It also recently completed four projects and acquired two new communities in the lease-up phase for nearly $575 million. "The strengthening demand/supply dynamic coupled with our growing development pipeline, which is nearing $1 billion, should support robust revenue and earnings performance and enhance long-term value creation," stated CEO Brad Hill in the REIT's recent second-quarter earnings report. Cashing in on demand for rental housing Invitation Homes stands out for its consistent dividend record. Since its initial public offering in 2017, this REIT, which specializes in single-family rental homes, has increased its payout each year. The current dividend is $0.29 per share quarterly ($1.16 annually), giving it a yield approaching 4% at the most recent share price. The REIT owns and manages single-family rental properties in high-demand housing markets. That drives healthy rent growth (4% in the second quarter). Additionally, Invitation Homes steadily invests capital to grow its rental property portfolio. It spent $350 million to buy over 1,000 homes in the second quarter. The REIT also provided a developer with $33 million in funding to build a 156-home community that it can acquire in the future. These investments are providing it with incremental sources of income to support its steadily rising dividend. The name says it all Realty Income has one of the best dividend track records in the REIT sector. The company has increased its monthly dividend 131 times since its public market listing in 1994, including the past 111 straight quarters. At the REIT's current payment level ($0.269 per share a month and $3.228 annually), it has a yield approaching 6%. The diversified REIT backs that payout with very stable rental income. It leases its retail, industrial, gaming, and other properties to many of the world's leading companies under long-term triple-net (NNN) agreements. Those leases require that tenants cover all property operating costs, including routine maintenance, real estate taxes, and building insurance. Realty Income also has a very strong financial profile. That gives it the flexibility to continue acquiring properties secured by long-term net leases. It currently expects to invest about $4 billion this year to expand its portfolio. These new investments will enable the REIT to continue increasing its high-yielding monthly dividend. High-quality, high-yielding REITs Mid-America Apartment Communities, Invitation Homes, and Realty Income pay high-yielding and steadily rising dividends. With more growth ahead, they're great REITs to buy this month to collect a rising stream of passive dividend income. Should you invest $1,000 in Realty Income right now? Before you buy stock in Realty Income, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Realty Income wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025

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