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April jobs report shows continued strength
The US labor market added 115,000 jobs in april with unemployment steady at 4.3%, signaling economic resilience and influencing Federal Reserve policy.
US consumer sentiment hits record low in early May
U.S. consumer sentiment dropped to a record low of 48.2 in early May, driven by higher gasoline prices and concerns over household finances, according to the University of Michigan survey.
Strong US jobs data complicates any Warsh push for lower rates
Strong U.S. jobs data in April challenges Federal Reserve nominee Kevin Warsh's hopes for rate cuts amid inflation and geopolitical risks.
Crypto exchange Coinbase to cut about 14% of workforce in AI-driven restructuring
Coinbase plans to cut about 700 jobs, or 14% of its workforce, as it restructures around AI amid crypto market volatility and subdued trading volumes.
Oil falls below $100 a barrel on Middle East peace hopes
Oil prices fell below $100 a barrel amid renewed hopes for a U.S.-Iran peace deal and reopening of the Strait of Hormuz, easing Middle East tensions.
US labor market stable as layoffs remain low
The US labor market remains stable with low layoffs and steady job openings, easing concerns despite the US-israel war impact on oil prices.
Corning plans to add 3,000 jobs, boost production in deal with NVIDIA
Corning partners with NVIDIA to expand U.S. optical connectivity manufacturing, adding 3,000 jobs and building new facilities in North Carolina and Texas.
Oil slides after Pakistani source says US and Iran are close to framework peace deal
Oil prices dropped sharply after a Pakistani source said the US and Iran are close to an initial peace deal, easing tensions in the Strait of Hormuz.
GameStop’s $56B pursuit of eBay stirs social media hype and doubts
GameStop's $56 billion bid for eBay has ignited social media excitement and skepticism, highlighting retail investor reactions and financing questions.
Global oil slips but Middle East fighting gives floor to drop
Global oil prices slipped after the U.S. launched an operation to reopen the Strait of Hormuz amid ongoing U.S.-Iran exchanges of fire in the Gulf.
All eyes on job market as Fed’s rate-cut window narrows
The US job market's strength narrows the Federal Reserve's window for interest rate cuts amid inflation and geopolitical tensions.
Trump calls Xi meeting important trip, says US leads in AI
President Donald Trump calls his upcoming meeting with China's Xi Jinping important and emphasizes the US lead in artificial intelligence amid trade tensions.
