• Mar 06, 2025

Plunge in 2026 Oil Prices Offers Hope to Beleaguered Bulls

(Bloomberg) -- Oil prices for next year have fallen alongside nearby futures markets, a move that runs the risk of menacing supply growth.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NJ College to Merge With State School After Financial StressHow Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowWhile US crude slipped toward $65 a barrel

  • Mar 06, 2025

Trump's erratic trade policies are baffling businesses, threatening investment and economic growth

Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois is getting ready to introduce a fancy ergonomic chair designed to reduce customers’ back pain and boost their productivity. There’s a reason for his caution: President Donald Trump’s ever-changing, on-again, off-again tariff war with America’s three biggest trading partners – Mexico, Canada and China. Two days after imposing 25% taxes — tariffs — on all imports from Canada and Mexico and threatening to detonate more than $1.3 billion in annual U.S. trade in North America, Trump announced that he was suspending many of the levies on Mexico and some of them on Canada for a month.

  • Mar 06, 2025

Should You Forget About Bitcoin and Buy Litecoin Now?

You might be surprised to find out that, through the first two months of 2025, one of the best-performing major cryptocurrencies was Litecoin (CRYPTO: LTC). If you're only focused on recent results, you might conclude that now is the time to forget about Bitcoin and buy Litecoin. The primary reason why Litecoin pushed higher in January and February was due to growing anticipation over a potential spot ETF launch in 2025.

  • Mar 06, 2025

The number of Americans filing for jobless benefits falls as labor market remains sturdy

Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees. The number of Americans filing for jobless benefits fell by 21,000 to 221,000 for the week ending March 1, the Labor Department said Thursday. Weekly applications for jobless benefits are considered a proxy for layoffs, which have remained mostly in a range between 200,000 and 250,000 for years.

  • Mar 06, 2025

Tesla CFO sells $1.7M more in stock

The sale comes as Tesla’s stock has lost a third of its value since President Donald Trump took office, amid a backlash against the EV maker’s CEO Elon Musk and a broadening trade war.