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US labor market steady, tariffs and federal government layoffs a risk to outlook

US labor market steady, tariffs and federal government layoffs a risk to outlook

WASHINGTON, March 6 (Reuters) – The number of Americans filing new applications for unemployment benefits…
News Team March 07, 2025 By News Team in World News
US trade deficit hits record high in January on imports surge

US trade deficit hits record high in January on imports surge

WASHINGTON, March 6 (Reuters) – The U.S. trade deficit widened to a record high in…
News Team March 07, 2025 By News Team in World News
Asian Stocks, Bitcoin Drop on Souring Sentiment: Markets Wrap

Asian Stocks, Bitcoin Drop on Souring Sentiment: Markets Wrap

(Bloomberg) — Asian stocks followed US equities lower as continual shifts in US President Donald…
News Team March 07, 2025 By News Team in Equities
Occidental Petroleum (NYSE:OXY) shareholders are still up 301% over 5 years despite pulling back 6.3% in the past week

Occidental Petroleum (NYSE:OXY) shareholders are still up 301% over 5 years despite pulling back 6.3% in the past week

The worst result, after buying shares in a company (assuming no leverage), would be if…
News Team March 07, 2025 By News Team in Equities
Wall Street tumbles as tariff whiplash and falling AI stocks drag Nasdaq 10% below its record

Wall Street tumbles as tariff whiplash and falling AI stocks drag Nasdaq 10% below its record

NEW YORK (AP) — Wall Street’s sell-off kicked back into gear on Thursday, and a…
News Team March 07, 2025 By News Team in Market Watch
Trump says he’s not even looking at stock market, tariffs will make U.S. ‘very strong’

Trump says he’s not even looking at stock market, tariffs will make U.S. ‘very strong’

President Donald Trump said Thursday that his administration would not consider stock market reaction when…
News Team March 07, 2025 By News Team in Market Watch
Walgreens is going private in an up to $24 billion deal

Walgreens is going private in an up to $24 billion deal

Walgreens Boots Alliance is being taken private in a deal valued up to $23.7 billion,…
News Team March 07, 2025 By News Team in Business News
Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power

Gap shares spike 17% as retailer blows away expectations again, showing turnaround has staying power

Gap on Thursday posted another quarter that blew away expectations, indicating its turnaround under CEO Richard…
News Team March 07, 2025 By News Team in Business News
US economic activity up slightly as tariff worries rise, Fed survey shows

US economic activity up slightly as tariff worries rise, Fed survey shows

March 5 (Reuters) – U.S. economic activity has risen slightly but unevenly since mid-January, employment…
News Team March 06, 2025 By News Team in World News
Private employers added just 77,000 jobs in February, far below expectations, ADP says

Private employers added just 77,000 jobs in February, far below expectations, ADP says

Private sector job creation slowed to a crawl in February, fueling concerns of an economic…
News Team March 06, 2025 By News Team in World News

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  • ServisFirst Bancshares (NYSE:SFBS) Misses Q1 CY2026 Revenue EstimatesServisFirst Bancshares (NYSE:SFBS) Misses Q1 CY2026 Revenue Estimates
  • ZKH Group Limited (NYSE:ZKH) Could Be Less Than A Year Away From ProfitabilityZKH Group Limited (NYSE:ZKH) Could Be Less Than A Year Away From Profitability
  • Carney says Canada’s strong economic ties to US are ‘weakness’ to be correctedCarney says Canada’s strong economic ties to US are ‘weakness’ to be corrected
  • Unemployment rises in Northern Virginia as federal workforce changes ripple outwardUnemployment rises in Northern Virginia as federal workforce changes ripple outward
  • South Korea’s Kospi hits record high amid mixed Asia markets as hopes linger for Mideast peaceSouth Korea’s Kospi hits record high amid mixed Asia markets as hopes linger for Mideast peace
  • Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independenceChair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence
  • Oil prices jump amid renewed tensions over the Strait of HormuzOil prices jump amid renewed tensions over the Strait of Hormuz
  • Amazon to invest up to another $25 billion in Anthropic as part of AI infrastructure dealAmazon to invest up to another $25 billion in Anthropic as part of AI infrastructure deal

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