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The number of Americans seeking unemployment benefits fell modestly last week, remaining within the same range of recent years. Jobless claim filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday. Weekly applications for jobless benefits are considered a proxy for layoffs, and have remained mostly in a range between 200,000 and 250,000 for the past few years.

Bessent appears to be more interested in bringing down borrowing costs to stave off a potential sovereign debt doom loop than in the $1.5 trillion drop in equities.

Another indicator, though, continues to point to downward price pressure.

Bitcoin tumbles below $84K as fear spikes and over $500M in liquidations shake the crypto market.

Tariffs introduce uncertainty into an EV supply chain that companies are investing billions of dollars in, according to the trade group.

Kiyosaki has a new favorite coin, and it’s not Bitcoin.

News of the day for April 3, 2025

LONDON/MOSCOW (Reuters) -Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output by 411,000 barrels per day in May, a decision that prompted oil prices to extend earlier sharp losses. Oil, which was already down over 4% on U.S. President Donald Trump's announcement of tariffs on trading partners, extended declines after OPEC updated its plans in a statement, with Brent crude dropping over 6% to below $70 a barrel. Eight members of OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies led by Russia, had been scheduled to raise output by 135,000 barrels per day in May as part of a plan to gradually unwind their most recent layer of output cuts.

Trump’s sweeping tariffs have sent tech stocks tumbling.

Western banks and regulators need to take note of Emirates NBD’s crypto innovation argues Blandina Szalay