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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.
Wall Street indexes end mostly lower as investors weigh Middle East conflict outlook
Wall Street indexes ended mostly lower as investors weighed U.S. warnings to Iran and rising oil prices amid Middle East conflict escalation.
US stocks hit lowest close in over six months amid Middle East tensions
U.S. stocks fell to their lowest close in over six months as Middle East war tensions and rising oil prices dampened market sentiment and risk appetite.
Dollar rides safe-haven demand, set for best month since July
The dollar posts its strongest monthly gain in nearly a year, driven by safe-haven demand amid escalating Middle East conflict and rising U.S. rate hike expectations.
Wall Street advances as investors bet on Mideast de-escalation
Wall Street's main indexes advanced as oil prices fell and Iran reviewed a U.S. proposal to de-escalate the Middle East conflict, boosting investor optimism.
Wall Street falls amid Middle East tensions and rising interest rates
Wall Street indexes declined due to concerns over Middle East conflict and rising U.S. interest rates, with energy prices surging and private credit pressures resurfacing.
