General News
Latest news from around the World.
Trump tariffs were supposed to cut trade deficit and create jobs. It hasn't worked out that way.
Much has changed in the U.S. economy since Donald Trump became president again a year ago, but one thing has stayed the same: High U.S. trade deficits.
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Kevin Mahn "Surprised" in Stock Market Strength, Favors KTOS, HII & LHX
"Once we start seeing free-flowing oil again," Wall Street will set the foundation for its rebound, argues Kevin Mahn. That said, he says "I'm surprised markets haven't pulled back even more," a "helpful" sign for stock market strength.
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US Economy: Jobless Claims Decline Slightly, Trade Gap Narrows
Applications for US unemployment benefits edged down last week as initial claims decreased by 1,000 to 213,000 in the week ended March 7. Meanwhile, the US trade deficit narrowed in January as exports increased, with the gap in goods and services trade shrinking more than 25% from the prior month to $54.5 billion.
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U.S. Trade Deficit Declined in January
The deficit of $54.5 billion continues a volatile run as imports and exports react to rapid shifts in the Trump administration's trade policy.
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The AI Trade That's Separating Wall Street's Winners and Losers
A Point72 team scored hundreds of millions of dollars in gains, while a smaller firm is closing after losing money on software stocks.
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Despite The Specter Of Stagflation, CEOs Gain Confidence
The escalating Middle East conflict and the closure of the Strait of Hormuz are driving oil prices higher, fueling inflationary pressures across sectors. Current policy responses, including record emergency oil releases and production boosts, are insufficient to offset lost supply and rising gasoline prices.
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Jobless claims show sluggish but stable labor market
The number of people who lost jobs and applied for unemployment benefits in the first week of March stayed low, the Labor Department said Thursday.
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U.S. Jobless Claims Fell Last Week
The number of people who filed for unemployment benefits was 213,000 in the week through March 7, lower than the 214,000 reported a week earlier.
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Nobel prize-winning economist warns that America is on the brink of stagflation
Joseph Stiglitz says the four horsemen of the economic apocalypse are nearing.
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U.S. Trade Deficit Falls in January
The data showed imports dipped and exports rose in the month before the Supreme Court struck down most of the president's tariffs.
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Here's a rare chance to front-run Wall Street's best and biggest players
Vietnam is expected to be promoted to ‘emerging' market from ‘frontier' market. Here's when you'll need to act.
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Dollar Likely to Remain Lifted During Iran Conflict
The dollar is likely to remain supported in the near term unless there is a credible de-escalation in the Iran war, Monex Europe analysts say in a note. The conflict is driving safe-haven flows to the dollar, they say.
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Turkey's Central Bank Holds Rates as Iran War Threatens Inflation Pickup
The central bank said despite a relatively flat underlying trend in inflation in February, the impact of the war increased energy prices and reduced global risk appetite.
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Markets Doubt Trump's Iran Timeline. Wall Street's Bracing for a Long and Costly Iran War.
For investors, the rhetoric has gone from the conflict being “over very soon” to “high oil prices for a year” in the span of a few days.
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February CPI Inflation: Steady State Can Anchor Future Rise
CPI inflation remained steady at 2.4% YoY in February, but March will likely see higher prices due to the oil shock. But forecasts indicate that inflation can still stay anchored.
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Turkey's Central Bank Holds Rates as Iran War Threatens Inflation Pickup
The central bank said despite a relatively flat underlying trend in inflation in February, the impact of the war increased energy prices and reduced global risk appetite.
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Dow futures fall as oil nears $100, Iran war fuels inflation fears
US stock index futures moved lower on Thursday as a renewed surge in oil prices heightened inflation concerns and forced investors to reassess expectations for interest rate cuts from the Federal Reserve. The decline in futures came after reports of further attacks on oil tankers in the Middle East, which raised fears of escalating supply disruptions and prolonged geopolitical instability in the region.
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This One Market Signal Could Change Everything For Private Credit
The market is flashing a warning signal for one of the most popular income strategies. Massive discounts are appearing where investors least expected them.
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Government Bonds Look Vulnerable as Lengthy Period of High Oil Prices Looms
Government-bond yields rose before tentatively stabilizing Thursday as oil prices and no signs of de-escalation in the Middle East worsened the outlook for inflation and economic growth.
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Stock Markets Have Shifted From AI. The New List of Concerns Could Break Them.
Oil prices continue to rise, February inflation report won't help Fed's next decision, Kevin Warsh's Fed nomination is stuck, and more news to start your day.
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