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reversewinesnob.comAn unidentified trader created a new wallet and opened a 20-times leveraged long position on 36,826 ETH valued at $59.72 million roughly 30 minutes before a CPI data release. The position was closed within two hours for a $1.2 million profit.
riotimesonline.comGerman factory orders declined more than expected in April. The month-over-month drop followed a revised 4.5% increase in March.
The May employment report showed stronger-than-expected job growth. The unemployment rate remained unchanged from the prior month.
U.S. stocks advanced with the S&P 500 gaining 0.4 percent and the Dow Jones rising 812 points while oil prices dropped and several technology shares declined. Australian futures pointed to a 0.4 percent gain at the open after the ASX fell 1.1 percent the previous day.
pbs.orgInitial jobless claims increased to 240,000 for the week ending May 30. Nonfarm business sector labor productivity fell 0.8 percent in the first quarter after seasonal adjustment.
Initial claims increased 13,000 to 225,000 for the week ending May 30, above the 215,000 estimate. Continuing claims fell 8,000 to 1,777,000 the prior week.
upi.comPrivate payrolls rose by 122,000 in May, the strongest monthly increase since January 2025. The gain signals a rebound after an extended period of subdued hiring.
FortuneThe Labor Department reported Tuesday that job openings rose from 6.9 million in March, the highest level since May 2024. Layoffs declined while quits and gross hiring also fell.
marketwatch.comU.S. stocks rose on Thursday as the Nasdaq Composite reached a record closing level. The CNN Money Fear and Greed index remained in the Greed zone on Friday.
pbs.orgTasnim reported that the text of a possible memorandum of understanding between the U.S. and Iran has not been finalized. The EU plans to discuss restrictions on Chinese imports without an expected decision on Friday.
financialpost.comThe decade average stands at the highest level since the 1980s and exceeds the 2010s average by more than double. Inflation has remained above 2 percent in most months of the current decade.
The Commerce Department reported that the Personal Consumption Expenditures Price Index rose 3.8 percent from a year earlier. Core PCE, excluding food and energy, increased 3.3 percent over the same period.
flipboard.comLabor productivity has risen while total factor productivity has remained flat in early 2026. Economists note that companies are investing heavily in AI tools, but measurable economy-wide gains have not yet appeared in official statistics.
Government data released Thursday showed slower economic growth for the first quarter than previously estimated. A separate inflation gauge reached a three-year high amid effects from the Middle East conflict.
Initial claims for unemployment benefits increased to 215,000 for the week ending May 2. Continuing claims also moved higher, reaching 1.786 million.
forbes.com@KobeissiLetter reported cumulative U.S. PCE inflation reached 28.5 percent from February 2018 through March 2025. The cumulative increase exceeded the Federal Reserve's 2 percent target path by 11.1 percentage points over the same span.
riotimesonline.comA holiday-shortened trading week will feature the second estimate of first-quarter GDP, new-home sales data and the PCE inflation index. Several companies are scheduled to appear at the Bernstein Strategic Decisions Conference.
680news.comMultiple government and private reports on inflation, economic output, trade, and consumer activity are set for release in the coming week. The schedule includes both monthly and quarterly figures.
rte.iePreliminary inflation readings for Germany, France, Italy and Spain are scheduled for release. Economists project the figures will show either an increase or steady levels from the prior month.
theconservativetreehouse.comFederal data show a net loss of 77,000 manufacturing jobs from February 2025 through April 2026. The first quarter of 2026 added 18,000 jobs, the first quarterly gain since late 2023.
flipboard.comYardeni Research stated that recent increases in U.S. Treasury yields reflect economic strength rather than systemic risk. The firm kept its S&P 500 target unchanged and described the bond market move as a potential buying opportunity.
rte.ieU.S. producer prices rose 1.4% in April, exceeding economist expectations of 0.5%. The annual rate climbed to 6.0% while core PPI increased 1.0% for the month. Separate data showed China's aggregate financing and new yuan loans fell short of estimates in April.
theepochtimes.comU.S. producer prices increased 1.4% in April on a monthly basis, well above the 0.5% expected by economists. The annual rate accelerated to 6.0%, while core PPI also exceeded forecasts. The data comes amid broader concerns about inflation trends.
swissinfo.chA new report released Tuesday showed inflation increased in April, exceeding expectations. CNN News Central's Sara Sidner and Senior Reporter Matt Egan reviewed the data and its effects on consumers. The figures come as President Trump serves his second term in office.
zerohedge.comUS equity futures fell fractionally early Monday after President Trump and Iran rejected each other’s latest proposals to end their 10-week conflict. Oil prices rose while bond yields increased on concerns about potential inflation from higher energy costs. Markets remain focused…
The S&P 500 rose 2.3 percent and the Nasdaq gained 4.5 percent for the week, closing at record highs. Positive earnings reports, a mixed April jobs report and an optical fiber supply agreement between two technology companies contributed to the gains. Oil prices and bond yields d…
CnbcMajor U.S. stock indexes advanced on May 7, 2026, with the S&P 500 and Nasdaq Composite posting gains. The moves came as investors reviewed the latest economic reports and quarterly results from several large companies. CNBC Senior Markets Commentator Michael Santoli provided ana…
axios.comThe Commerce Department reported that the US trade deficit increased for the second consecutive month in March, reaching $60.3 billion. Imports rose 2.3 percent to $381.2 billion while exports increased 2.0 percent to $320.9 billion. The data covers the first full month after the…
pymnts.comPrivate payrolls rose 109,000 in April according to ADP, the strongest gain since January 2025. The figure topped economists' expectations while the March reading was revised slightly lower. Economists forecast April nonfarm payrolls between minus 15,000 and 100,000 ahead of Frid…
opindia.comCanada swung to a merchandise trade surplus of $1.78 billion in March from a $5.11 billion deficit in February, driven by rising crude oil prices and strong gold demand. Exports increased 8.5% while imports fell, exceeding analyst expectations. The data reflects impacts from glob…
CoinDeskBitcoin rose above $81,000 during Asian trading hours on May 5, 2026, marking its highest level since late January. Other cryptocurrencies showed mixed performance, with ether steady and solana slightly lower. Options traders have positioned for potential price increases amid ong…
citynews1130.comStocks in Asia fell on Tuesday as the U.S. and Iran exchanged attacks in the Gulf while pursuing a truce. Oil prices eased but stayed above $100 a barrel, with Brent crude at $113.85. Traders monitored the yen after recent volatility and anticipated U.S. earnings and data release…
President Trump posted results from a 2024 IZA Netherlands study on Truth Social, highlighting varying fiscal contributions of immigrants by country of origin. The study shows North American immigrants contribute +$573,000 net over a lifetime, while those from Somalia contribute…
raskmedia.com.auU.S. stocks closed mostly lower on Wednesday, with the Dow Jones index dropping more than 250 points and marking its fifth consecutive decline. Crude prices rose during the session, while economic data showed increases in wholesale inventories and durable goods orders. The CNN Mo…
Substrate placeholder — needs reviewSouth Korean internet and communication technology firms increased R&D spending to 64.6 trillion won in 2024, up 13.8 percent from the previous year, driven by the artificial intelligence surge. This marked the steepest annual rise in six years and accounted for over 60 percent o…
ecns.cnU.S. employers are increasing return-to-office requirements and cutting perks amid a cooling job market. Voluntary quits fell to about 3 million last month from 4.5 million in November 2021, with worker optimism for new jobs at lows not seen since 2020. Surveys show diminished em…
morningstar.co.ukEconomic indicators show a robust US economy, but many Americans perceive it as being in a recession, according to a Wall Street Journal report. The disconnect highlights differences between statistical data and personal experiences. The report attributes this sentiment to factor…
under30ceo.comU.S. equities are approaching record highs despite ongoing inflation concerns, strong economic data, and geopolitical tensions. Damian Fernandes of TD Asset Management discussed factors contributing to this market resilience. The analysis highlights how markets are climbing in th…
thecanary.coThe UK's annual inflation rate rose to 3.3% in March 2026, up from 3% in the previous two months. This figure matched economic expectations. The data indicates a minor increase in inflationary pressures.
Substrate placeholder — needs reviewJapan achieved a trade surplus of JPY 667.0 billion in March 2026, an increase from the previous year. This marks the second consecutive month of surplus. The data highlights ongoing positive trends in Japan's trade balance.
Data from BofA credit and debit card spending suggests retail sales may exceed consensus estimates despite rising gas prices. The consensus estimates include 1.4% headline growth, 1.4% ex-auto, and 0.2% for the control group. This trend is attributed to higher year-to-date tax re…
Substrate placeholder — needs reviewSpending on subscriptions for generative AI tools has risen sharply among U.S. households, with a 155% increase from the previous year, according to PNC Bank data. About 2% of households now pay for these services, often those with higher incomes, and maintain subscriptions for a…
Substrate placeholder — needs reviewThe US core inflation rate, excluding food and energy prices, increased modestly in the most recent data. Overall inflation showed a jump, according to economic reports. The long-term effects of ongoing wars on inflation remain unclear at this stage.