U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%
Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.
Oil surges 35% this week for biggest gain in futures trading history dating back to 1983
The oil market is worried that Gulf countries will have to shut production if tankers are unable to pass through the Strait of Hormuz.
Maersk, a bellwether for global trade, suspends two key shipping services due to Iran war
The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.
Microsoft says Anthropic’s products remain available to customers after Pentagon blacklist
Microsoft is the first major company to say it will keep using Anthropic models in its products.
Amazon says hours-long outage was triggered by ‘software code deployment’
Amazon users reported trouble accessing checkout and account information, as well as viewing product detail pages.
Noem firing doesn’t break DHS funding impasse, Democrats say
Homeland Security Secretary Kristi Noem was fired by President Donald Trump on Thursday, as a DHS shutdown drags on.
The February jobs numbers are coming out Friday. Here’s what to expect
Economists surveyed by Dow Jones expect payroll growth of 50,000, following January’s surprisingly high 130,000.
Trump taps Sen. Markwayne Mullin after firing Kristi Noem as DHS secretary
Noem’s chief advisor, Corey Lewandowski, will also leave his position at DHS, MS Now reported.
House Speaker Johnson calls on Texas Rep. Gonzales to drop reelection bid
Rep. Tony Gonzales is the subject of an Ethics Committee investigation over a sexual relationship he had with a staffer who died last year.
Iran foreign minister: Not seeking ceasefire, warns U.S. invasion would be ‘big disaster for them’
Foreign Minister Abbas Araghchi told NBC News that the U.S. “has failed to achieve its main goal” by attacking Iran, “which was a clean, rapid victory.”
