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US productivity slows in fourth quarter
U.S. labor productivity growth slowed to 2.8% annualized in Q4 2026, according to the Labor Department, while labor costs rose at a moderate pace.
US private payrolls post largest increase in seven months in February
U.S. private payrolls increased by 63,000 jobs in February, the largest gain in seven months, driven by education and health services, according to ADP's report.
White House submits Warsh nomination as Fed chair to Senate
March 4 (Reuters) – President Donald Trump on Wednesday sent the U.S. Senate his nomination of former Federal Reserve governor Kevin Warsh to be the U.S. central bank’s next chair, ticking off an early step in what promises to be a contentious path toward his long-held goal of installing a rate-cut friendly Fed chief[...]
Gulf shipping crisis deepens as tankers stranded for fifth day, US sinks Iranian warship
Oil prices remain near multi-month highs as Middle East tensions disrupt energy flows, despite reports of potential US-Iran talks to end the conflict.
US dollar nudges lower on hopes of Middle East de-escalation
The US dollar declined on hopes of de-escalation in the Middle East after reports of Iran signaling willingness to explore talks with the US intelligence agency.
Fed’s Miran: Risks from Iran conflict no reason to delay continued rate cuts – BBG TV
Fed Governor Stephen Miran says risks from the Iran conflict don't change the need for US rate cuts this year amid easing inflation and labor market concerns.
Oil near multi-month highs on Middle East conflict, pares gain on report of US-Iran talks
Oil prices remain near multi-month highs as Middle East conflict disrupts flows, despite reports of US-Iran talks to end the war. Brent crude hits $81.67 per barrel.
US banks on high alert for cyberattacks as Iran war escalates
The U.S. financial services industry is on high alert for potential Iran-linked cyberattacks amid rising geopolitical tensions following the killing of Iran's Supreme Leader.
Paramount’s $110B Warner Bros deal likely to secure FCC backing, FT reports
FCC Chair Brendan Carr indicated the commission is unlikely to block Paramount's $110 billion acquisition of Warner Bros, easing competition concerns.
US dollar firms on renewed inflation risks; market pares back rate-cut outlook
The US dollar strengthened against major currencies due to Middle East conflict and inflation fears, causing markets to delay expected interest rate cuts.
Oil prices soar 6% to highest since 2024 as Middle East conflict widens
Oil prices surged about 6% to the highest since 2024 amid widening U.S.-Israel-Iran conflict disrupting Middle East energy shipments and production cuts.
Middle East war economic impact to depend on duration, damage, energy costs, IMF official says
IMF's Dan Katz says the Middle East war's economic impact depends on its duration, infrastructure damage, and energy price trends amid global uncertainty.
