World

Trump defends increase in unemployment

Dec 20, 2025

New York [US], December 20: President Donald Trump on Friday (December 19) defended an increase in the unemployment rate in the U.S., stating that "100% of our new jobs are in the private sector" after cuts in the public sector.
The U.S. unemployment rate in November rose to 4.6%, the highest in more than four years.
The most recent jobs data showed that while U.S. job growth recovered in November after nonfarm payrolls declined in October because of government spending cuts, the unemployment rate increased to 4.6%, compared with 4.4% in September.
The jobless rate is derived from household data, which was not collected in October due to the government shutdown.
Source: Fijian Broadcasting Corporation

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L&T Finance Ltd. Partners with Pine Labs to Introduce Agentic Commerce and Payments on L&T Finance PLANET App

Mumbai (Maharashtra) [India], September 9: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in the country, announced a partnership with Pine Labs Ltd., a leading global payments technology company, to integrate Agentic Storefront into the L&T Finance PLANET App at the Global Fintech Fest 2026. This collaboration will enable agentic commerce by allowing AI agents to interact and execute transactions securely within a governed framework.

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