U.S. suspends Microsoft, Adobe from green card labor program in foreign worker crackdown
Labor Secretary Keith Sonderling cited “multiple active federal investigations” around the two companies’ involvement in the program Thursday.
Booms and flight disruptions in Riyadh as Saudi-Houthi war escalates
Yemen’s Iran-aligned Houthis have stepped up their campaign of strikes on Riyadh, with flights disrupted, and some office staff told to work from home.
Trump bought up to $25 million in Meta and millions in SpaceX debt in August
Trump disclosed 517 August trades, including up to $5 million in debt from SpaceX, a major Pentagon contractor and NASA launch provider.
Trump’s former defense secretary sees no end in sight for Iran war — to the benefit of America’s ‘greatest adversary’
Mark Esper, who served as U.S. Secretary of Defense during Trump’s first presidential term, said he did not see the conflict ending in the foreseeable future.
Small caps are suffering from higher rates, preference for AI stocks. There may soon be a buying opportunity
Large-cap stocks have been holding up OK despite the volatility brought on by higher Treasury yields.
Options traders start calling bottom on bond rout after ‘bullet bid’ 10-year auction
Calling a bottom in the nonstop U.S. Treasury bond sell-off might seem crazy, but a handful of options traders look increasingly willing to do it.
Inflation on many everyday items was entirely due to tariffs, NY Fed says
Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.
Russia, China hypersonic missile threats fuel need for space defense, satellite CEO says
Space-based systems could detect and track incoming missile threats and intercept them either from land or space.
Ray Dalio warns the stock market’s cushion against rising bond yields is shrinking
Ray Dalio says earnings have cushioned stocks from rising bond yields, but that buffer is shrinking as he warns free cash flow could weaken.
After a yearslong slump, China’s real estate market may be set for a turnaround
A recovery in China’s largest cities real estate markets could come as soon as next year, the S&P ratings agency said.
