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Obama’s First Economic Chief Predicts High Unemployment Ahead

President Barack Obama’s first economics deputy says current US. economic policies would leave one-third of working-age men unemployed in 2051. Roughly 10 percent of American “prime age” men, or 7 million men aged 25 to 54, have dropped out of the nation’s workforce of 150 million. They are not trying to get jobs and are unemployed because of policy decisions, not because of technology.

Boeing F/A-18 Super Hornet, a twin-engine, supersonic, all weather multirole fighter takes part in a flying display at the Farnborough Airshow, south west of London, on July 12, 2016. / AFP / ADRIAN DENNIS (Photo credit should read ADRIAN DENNIS/AFP/Getty Images)

U.S. Approves Boeing, Lockheed Fighter Jet Sales to Gulf: Sources

The United States on Wednesday began notifying lawmakers that it has approved $7 billion in long-stalled sales of Boeing Co (BA.N) fighter jets to Kuwait and Qatar, and more than $1 billion in Lockheed Martin Corp (LMT.N) jets to Bahrain, sources familiar with the decision said.

JERUSALEM, ISRAEL - SEPTEMBER 29:  Israeli workers prepare a Picture of former Israeli President Shimon Peres into the Knesset, Israel's Parliament, on September 29, 2016 in Jerusalem, Israel. Peres was hospitalized in the Sheba Medical Centre on Tuesday, September 13, 2016, after suffering a stroke, and passed away last night at the age of 93.  (Photo by Lior Mizrahi/Getty Images)

Israel Preps for Arrival of 80 World Leaders for Peres Funeral

Police on Wednesday issued hasty traffic notifications across Jerusalem as security services prepared for the arrival of dozens of foreign heads of state, ministers and public figures making their way to Israel to attend the funeral ceremony in the capital on Friday of former president Shimon Peres, who died early Wednesday morning at the age of 93.