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Washington ExaminerPresident Donald Trump announced plans to sign a ceasefire agreement with Iran. Crude oil prices dropped below $80 per barrel for the first time since March following the announcement.
cnbc.comThe spread between U.S. 2-year and 30-year Treasury yields posted its largest single-day contraction since April 2025 after the Federal Reserve's latest rate decision. The move followed a hawkish tone from the central bank.
Japan TimesThe dollar climbed to ¥160.28-160.38 in New York on Friday after stronger-than-expected U.S. nonfarm payrolls. The yen returned to levels seen before Japanese authorities began yen-buying interventions in late April.
dailywire.comPayrolls rose more than expected while unemployment stayed at 4.3 percent. Upward revisions lifted March and April figures. First-quarter GDP growth stood at 1.6 percent.
A financial commentary argues that the traditional 20 percent decline threshold for bear markets may no longer reflect meaningful trend changes given elevated valuations and expanded Federal Reserve balance sheets.
BBC NewsThe US added 115,000 jobs in April, nearly double economists' forecasts, while the unemployment rate held steady at 4.3%. The data comes amid rising gasoline prices and uncertainty from the closure of the Strait of Hormuz following US and Israeli strikes on Iran. Officials descri…
thehollywoodgossip.comKing Charles III addressed a joint session of Congress and attended a White House state dinner amid celebrations of the U.S.-U.K. alliance. The Federal Reserve held interest rates steady while Chair Jerome Powell announced he would remain on the board. U.S. gas prices hit a four-…