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Pakistan military lashes out at Imran Khan, raising tensions

Bloomberg Pakistan’s military shot back at former Prime Minister Imran Khan after he accused the government of delaying fresh elections until after a new army chief is appointed in November, further raising political tensions in the South Asian nation. At a rally on Sunday, Khan alleged that Prime Minister Shehbaz Sharif and his allies “want their man because they have ...

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Germany takes aim at cost of living crisis in $65 billion plan

Bloomberg German Chancellor Olaf Scholz’s coalition agreed on a relief plan worth about 65 billion euros ($65 billion) to help millions of households struggling with soaring prices amid Europe’s harshest energy crunch in decades. Key measures include a vow to cap — and even redistribute — huge profits made by energy companies on the back of the current crisis; increased ...

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US added 315,000 jobs in August, wages rise

  Bloomberg US employers added a healthy number of jobs in August and a steady stream of people entering the workforce lifted the unemployment rate, suggesting some easing in the tight labor market and offering mixed implications for the Federal Reserve. Nonfarm payrolls increased 315,000 last month following a revised 526,000 advance in July, a Labor Department report showed. The ...

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