Stocks rally on geopolitical optimism and lower crude prices, while US jobless claims exceed estimates for the first time in weeks. The S&P 500 closed at a record high, gaining 0.4%, as optimism over potential peace deals in Ukraine and Lebanon weighed on oil prices. WTI c
The Digital Asset Market Clarity Act's bad-actor provisions remain a key sticking point as Senate negotiations advance ahead of a tight deadline. The Digital Asset Market Clarity Act remains under scrutiny as lawmakers debate its provisions targeting illicit cryptocurrency
Iran's oil exports fell to 209,000 bpd in May Iran's oil exports have reached their lowest level in at least six years. The decline is attributed to the U.S. naval blockade, which has choked off crude shipments. In May, Iran exported 209,000 barrels per day
Increased geopolitical risks drive higher military budgets in NATO and other regions, benefiting aerospace and defense contractors. Global defense and aerospace spending is accelerating as NATO members and other nations boost military budgets amid rising geopolitical tensi
Remarks by Treasury Secretary Bessent raise questions about potential market-moving information ahead of key economic releases. Treasury Secretary Bessent remarked he wished today’s job market data had been released, adding he lacks prior knowledge of tomorrow’s figures. T
Voluntary 30-day review replaces earlier 90-day mandate, easing regulatory pressure on NVDA, MSFT, and GOOGL capex plans. President Trump signed an executive order on artificial intelligence that removes mandatory preclearance for AI model releases, replacing it with a vol
The federal government is widening its crackdown on tariff evasion and customs fraud, with recent actions targeting auto parts, aluminum, steel and rail components as importers face heightened scrutiny over country-of-origin claims, product classifications and declared customs...
A rural position in Inner Mongolia paying $2,400 USD monthly attracts high interest amid China’s 16.3% urban youth unemployment. A job posting in northern China offering $2,400 USD monthly to herd sheep received over 1,000 applications within two days. The role includes fr
The currency pair climbs 0.25% to 1.1625 after a ceasefire between Israel and Lebanon eases geopolitical tensions. EUR/USD advanced 0.25% to 1.1625 on Thursday as reduced Middle East tensions curbed demand for the safe-haven USD. The move followed a U.S.-brokered ceasefire
Moscow targets 17-year-old researcher after report alleges state-backed actors laundered $350 billion via cryptocurrency markets. Russia’s Foreign Ministry sanctioned a 17-year-old British student for publishing a report alleging $350 billion in cryptocurrency money launde
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