Stock market today: Dow, S&P 500, Nasdaq seesaw after jobs report, with Powell on deck
Wall Street is assessing the crucial monthly jobs report amid market uncertainty driven by President Donald Trump's volatile trade policy.
Michael Saylor hails Trump’s Bitcoin reserve as ‘historic moment’ while BTC dips
Michael Saylor calls Trump’s Strategic Bitcoin Reserve a "historic moment" as Bitcoin slides below $88K.
Broadcom Stock Jumps as Results, Outlook Show Robust AI Chip Demand
Broadcom shares are surging in premarket trading Friday after the chipmaker posted quarterly results and an outlook that topped analysts’ expectations on the back of robust demand for its artificial intelligence semiconductors.
US Energy Chief Will Seek $20 Billion to Refill Oil Reserve
(Bloomberg) -- US Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling
Trump Trade Wars, Sanctions Grip Already-Tight Heavy Oil Market
(Bloomberg) -- US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the largest American refining center.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gaug
Canada’s Job Market Stalls After Months of Strong Gains
(Bloomberg) -- Canada’s job market unexpectedly took a breather after months of steady growth, but the unemployment rate held steady as fewer people looked for work.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowEmployment was v
Another Tesla insider is selling shares as carmaker’s CFO joins board chair in unloading stock
At a time when sentiment in the stock is at its most vulnerable in months, Taneja deliberately chose to cash in more of his shares.
Recession risks rise for all three North American economies over US tariff chaos: Reuters poll
Risks to the Mexican, Canadian and American economies are piling up amid a chaotic implementation of U.S. tariffs that has created deep uncertainties for businesses and decision-makers, according to Reuters polls of economists taken this week. U.S. inflation risks, which were already rising, have worsened, leaving the Federal Reserve on the sidelines for several months at least, while for Mexico, Canada and the U.S., recession risks are also mounting, the surveys found.
Job Market Bounced Back In February
The job market bounced back slightly in February after a lackluster January, staying resilient in the face of headwinds from tariff talk and federal job cuts but falling short of expectations.
US estimates will take $20 billion and years to refill oil reserve
(Reuters) -U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the Energy Department said on Friday. President Donald Trump said on his first day in office he wants to fill the reserve up to the top as part of a policy to support oil and gas. Former President Joe Biden's administration sold nearly 300 million barrels from the reserve including a 180-million-barrel sale in 2022 after Russia invaded Ukraine.