News

Jobless claim filings inched up by 4,000 to 223,000 for the week ending April 5, the Labor Department said Thursday. Weekly applications for jobless benefits are considered a proxy for layoffs, and have mostly ping-ponged between 200,000 and 250,000 for the past few years.

The senator grew exasperated when the nominee for vice chair for supervision suggested a wait-and-see approach on Trump policy.

A positive correlation between global oil benchmark Brent crude and U.S. equities has reemerged in 2025, reflecting concern about the slowing economy and the impact of U.S. President Donald Trump's trade wars. The current environment with widespread growth fears has spurred investors to seek new strategies. Since Trump took office on January 20, crude and U.S. stocks have moved in lockstep, as concern about the outlook for the global economy and growth have rattled sentiment across markets.

Inflation slowed sharply in March, new data showed Thursday, underscoring the continued strength and resilience of the economy ahead of President Trump’s aggressive trade moves.

News of the day for April 10, 2025

Tariffs contribute to stagflation, and this benefits scarce assets such as gold and bitcoin, the report said.

Non-lethal weapons company Byrna (NASDAQ:BYRN) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 57.3% year on year to $26.19 million. Its GAAP profit of $0.07 per share was in line with analysts’ consensus estimates.

Here's the good news -- a surprising number of investors are still relatively confident about Bitcoin's prospects in 2025. Based on data from the Kalshi online prediction market, 35% of investors think Bitcoin could hit $125,000 this year, and 16% think it's still on the path to $150,000. To make this problem as easy to solve as possible, I've mentally divided Bitcoin's catalysts into two categories: "old" and "new."

Germany's economy is likely to be more or less stagnant in 2025 after shrinking for two years and the impact of U.S. tariffs could weigh down an already unimpressive showing, leading think tanks forecast Thursday. Germany has Europe's biggest economy and is the 27-nation European Union's most populous member. Five economic institutes said in a regular update that they expect minimal growth of 0.1% this year — down from the 0.8% they forecast in September.

Framework Ventures and Fulgur Ventures led the Series A round.