The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds. Equity markets have extended their rally into the new year, pushing the S&P 500 Index to a new record high. This rally, which has seen the benchmark index rise about 40% above its April low, has been fueled by the boom in artificial intelligence and Trump's decision to roll back some of his most stringent tariffs. Treasury bond yields have also fallen from their mid-2025 peaks as traders bet that the Federal...
According to a report from the US Department of Labor (DOL) released on Thursday, the number of Americans filing new applications for unemployment insurance rose to 208,000 for the week ending January 3. This latest figure was lower than the initial estimate (210,000) and higher than the previous week's figure of 200,000 (revised from 199,000). Furthermore, the 4-week moving average decreased by 7.25,000, bringing the total to 211.75,000 from the previous week's revised average. The report showed a seasonally adjusted insured unemployment rate of 1.2%, with Continuing Jobless Claims...
Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...