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US weekly jobless claims fall; manufacturing production retreats in March
U.S. weekly jobless claims fell more than expected while manufacturing production dipped in March amid economic uncertainty from the Middle East conflict.
Fed leadership transition on shaky ground as clock ticks on Powell’s term
The Federal Reserve faces a leadership transition challenge as Kevin Warsh's confirmation is delayed amid political opposition and ongoing investigations.
Trump threatens to fire Powell if he doesn’t quit Fed board; ongoing probe clouds Warsh confirmation
President Donald Trump threatens to fire Federal Reserve Chair Jerome Powell from the Fed board amid a criminal probe complicating Kevin Warsh's confirmation.
US producer prices increase less than expected in March
U.S. producer prices rose 0.5% in March, less than expected, as energy costs surged amid Middle East tensions while service prices remained steady.
Fed nominee Warsh files financial disclosures suggesting assets worth over $100M
Kevin Warsh, nominated to lead the Federal Reserve, filed financial disclosures indicating assets exceeding $100 million amid Senate confirmation process.
Bessent, Powell warned bank CEOs about Anthropic model risks, sources say
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell warned bank CEOs about cybersecurity risks from Anthropic's Mythos AI model.
US weekly jobless claims rise, but remain at low levels
US weekly jobless claims rose by 16,000 to 219,000 but remain low, indicating steady labor market conditions amid economic uncertainty.
Wall Street ends sharply higher on US-Iran ceasefire
Wall Street stocks closed sharply higher after a US-Iran ceasefire agreement lifted investor sentiment and eased fears of war-related market disruptions.
White House says increased productivity means Fed can cut rates
White House economic adviser Kevin Hassett says AI-driven productivity gains may ease inflation and allow the Federal Reserve to lower interest rates.
US labor market posts largest jobs gain in 15 months, but clouds brewing from Iran war
U.S. job growth rebounded by 178,000 in March, lowering the unemployment rate to 4.3%, despite rising risks from the conflict with Iran and economic uncertainty.
Inflation in focus for markets jostled by Middle East war signals
US inflation data and corporate earnings season are under scrutiny as the Middle East war drives energy prices and market uncertainty.
Dollar falls for second day as Middle East ceasefire expectations rise
The dollar dropped for a second day as expectations of a ceasefire in the Middle East grew, easing market tensions despite ongoing conflict risks.
