• Mar 07, 2025

Trump Trade Wars, Sanctions Grip Already-Tight Heavy Oil Market

(Bloomberg) -- US President Donald Trump’s trade wars and sanctions are tightening the market for heavy crude, boosting prices for the sludgy oil and raising costs for the largest American refining center.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gaug

• Mar 07, 2025

Canada’s Job Market Stalls After Months of Strong Gains

(Bloomberg) -- Canada’s job market unexpectedly took a breather after months of steady growth, but the unemployment rate held steady as fewer people looked for work.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowEmployment was v

• Mar 07, 2025

Another Tesla insider is selling shares as carmaker’s CFO joins board chair in unloading stock

At a time when sentiment in the stock is at its most vulnerable in months, Taneja deliberately chose to cash in more of his shares.

• Mar 07, 2025

Recession risks rise for all three North American economies over US tariff chaos: Reuters poll

Risks to the Mexican, Canadian and American economies are piling up amid a chaotic implementation of U.S. tariffs that has created deep uncertainties for businesses and decision-makers, according to Reuters polls of economists taken this week. U.S. inflation risks, which were already rising, have worsened, leaving the Federal Reserve on the sidelines for several months at least, while for Mexico, Canada and the U.S., recession risks are also mounting, the surveys found.

• Mar 07, 2025

Job Market Bounced Back In February

The job market bounced back slightly in February after a lackluster January, staying resilient in the face of headwinds from tariff talk and federal job cuts but falling short of expectations.

• Mar 07, 2025

US estimates will take $20 billion and years to refill oil reserve

(Reuters) -U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the Energy Department said on Friday. President Donald Trump said on his first day in office he wants to fill the reserve up to the top as part of a policy to support oil and gas. Former President Joe Biden's administration sold nearly 300 million barrels from the reserve including a 180-million-barrel sale in 2022 after Russia invaded Ukraine.

• Mar 07, 2025

Fold Adds 475 BTC, Secures Top 10 Spot in U.S. Public Bitcoin Treasuries

With over 1,485 BTC in its treasury, Fold strengthens its position as a leader in bitcoin-powered financial services.

• Mar 07, 2025

Tesla stock has dropped 34% in 2025. This 'gut check moment' has one of Wall Street's biggest bulls doubling down.

A sharp decline for Tesla stock has one of its biggest supporters on Wall Street defending the company as other analysts have tempered their optimism.

• Mar 07, 2025

The Fourth Largest Weekly Drop in Dollar Index in Over a Decade Signals Bitcoin Bottom

One of the largest weekly DXY index drops since 2013 tends to align with bitcoin cycle lows.

• Mar 07, 2025

US Treasury chief says plan to be put in place on acquiring crypto

Plans will be discussed about how to acquire cryptocurrency for a U.S. strategic reserve that will include bitcoin, Treasury Secretary Scott Bessent told CNBC on Friday before industry leaders meet with President Donald Trump at the White House. Bessent, in an interview, said seized crypto assets would go into the reserve first "then we'll see what the way forward is for more acquisitions for the reserve. And we're starting with Bitcoin, but it's an overall crypto reserve."