The U.S. labor market finished 2023 robustly, with 216,000 jobs added in December, surpassing expectations. The unemployment rate held steady at 3.7%. The hiring boost came from a gain of…
Authors Nicholas Basbanes and Nicholas Gage filed a class-action complaint, alleging Microsoft and OpenAI "simply stole" their copyrighted works. This lawsuit follows The New York Times' similar suit against Microsoft…
In a recent ruling, the National Labor Relations Board (NLRB) mandated that Google must negotiate with the YouTube worker union. The decision comes after Google refused to engage in bargaining…
Oil experienced a lower settlement on Thursday amid substantial U.S. fuel inventory builds, with Brent crude dropping 66 cents to $77.59, and WTI crude falling 51 cents to $72.19. This…
Wall Street strategists express caution, indicating that immediate rate cuts are unlikely despite market optimism surrounding today's FOMC minutes. The optimism centers on the notion of a US "soft landing,"…
The WTI price is about $70.50 per barrel in the Asian session, under downward pressure due to a stronger US Dollar. This change reflects a diminishing expectation for Fed rate…
In the Federal Reserve's December meeting, officials debated a shift in U.S. monetary policy. Fed Chair Jerome Powell indicated the central bank's likely cessation of interest rate hikes and anticipated…
Gold price (XAU/USD) encounters intraday fluctuations amid a modest USD uptick, struggling to extend gains in the European session. The US Dollar sees a surge, reaching over a one-week high,…
Stock markets are poised for a fresh start after a robust 2023, marked by a remarkable 24% surge in the S&P 500. As of 6:40 am ET, Dow Jones Futures…
Bitcoin surged to a 21-month high at $45,168.6, up 6%, fueled by speculation about SEC approving a spot ETF. This marks its highest level since April 2022, extending a robust…