U.S. Jobless Claims Fall as Labor Market Holds Steady Amid Rising Global Risks
New applications for unemployment benefits in the United States declined last week, pointing to a stable labor market with relatively low layoffs through March. According to the Labor Department, initial claims dropped by 9,000...
U.S. Trade Deficit Widens to $57.3 Billion in February Despite Record Exports
The U.S. trade deficit widened by 4.9% to $57.3 billion in February, as a surge in imports outpaced strong export growth, according to data released by the Commerce Department’s Bureau of Economic Analysis and...
Global Coalition Weighs Action to Reopen Strait of Hormuz Amid Rising Tensions
Around 40 countries have begun discussions on coordinated diplomatic and military measures to reopen the strategically vital Strait of Hormuz, following Iran’s blockade that has disrupted nearly a fifth of global oil supplies. The...
Mortgage Rates Surge to August High Amid Oil-Driven Inflation Fears
U.S. mortgage rates climbed sharply last week, reaching their highest level since August as escalating oil prices—linked to the ongoing conflict involving the United States, Israel, and Iran—intensified inflation concerns. According to the Mortgage...
FDA Holds Back Approval of Popular Nicotine Pouches Amid Youth Risk Concerns
The U.S. Food and Drug Administration (FDA) has yet to approve several popular nicotine pouch products for sale, despite introducing a fast-track review program aimed at accelerating decisions. According to sources familiar with the...
Trump Attends Supreme Court Hearing on Birthright Citizenship Order
U.S. President Donald Trump appeared at the Supreme Court of the United States on Wednesday as justices heard arguments over the legality of his directive to restrict birthright citizenship. The policy, a key element...
Mangione Seeks Delay in Federal Trial Over Overlapping Charges
Luigi Mangione, the 27-year-old accused of fatally shooting Brian Thompson in Manhattan, is set to appear in federal court on Wednesday to argue for a delay in his upcoming trial. Jury selection in the...
Trump Administration Plans Global Summit Targeting Antifa, Sparking Debate
The administration of U.S. President Donald Trump is preparing to host an international summit aimed at countering antifa and other left-wing groups, according to sources familiar with the plan. Tentatively scheduled for June or...
Novo Nordisk Cuts Wegovy Prices with New Subscription Plan to Boost U.S. Access
Novo Nordisk has introduced a discounted subscription plan for its blockbuster obesity drug Wegovy in the United States, aiming to expand access for patients paying out of pocket and regain momentum against rival Eli...
US Appeals Court Upholds Dismissal of Criminal Case Against Boeing Over 737 MAX Crashes
A federal appeals court on Tuesday upheld a lower court ruling approving the U.S. Justice Department’s decision to dismiss a criminal case against Boeing related to two fatal 737 MAX crashes that claimed 346...