US just lost 23,000 jobs — Bessent says, ‘we don’t need as many jobs’ amid deportations
US Treasury Secretary Scott Bessent said the United States does not need to create as many jobs as it did in the past because deportations and lower immigration under President Donald Trump have reduced the size of the workforce.
Speaking to CNBC last week, Bessent was asked about signs that the US job market is weakening.
Wall Street Is Counting on Nvidia to Keep the AI Party Going
Chip makers are fighting to assure investors that the artificial-intelligence boom is racing forward. Wall Street might not believe it until Nvidia’s Jensen Huang says so.
When Huang steps up to the mic for his company’s earnings call Wednesday,
» Read more about: Wall Street Is Counting on Nvidia to Keep the AI Party Going »
Read MoreU.S. trade war will be ‘devastating’ for Canada: Trump admin
CTV National News: Trump accuses Canada of wanting to be a state
CTV National News: Small businesses fear potential layoffs as Canada-U.S. trade talks worsen
‘Canada is one of our greatest trading partners’: U.S. farmer speaks out against Trump’s tariffs
Trump ‘wanted to claim a political victory’ in trade talks with Canada: analyst
Most premiers unite in support of PM’s reciprocal tariffs on the U.S.
» Read more about: U.S. trade war will be ‘devastating’ for Canada: Trump admin »
Read MoreUS and Canada “at war” over trade
Canadian prime minister Mark Carney has declared that Canada is “at war” with the United States on trade following the collapse of several weeks of talks with the Trump administration over its move to impose a 50 percent tariff on $20 billion worth of Canadian goods,
» Read more about: US and Canada “at war” over trade »
Read MoreStates with the highest (and lowest) stock market participation. See where CT ranks.
The states with the highest (and lowest) stock market participation
Washington, D.C., has the highest rate of stock market participation in the U.S., with 29% of tax returns from there reporting dividend or capital gains income in 2022, the year for which the most recent Internal Revenue Service (IRS) data is available,
Read MoreThe Burst
Market Commentary: The Meteoric Rise of Eli Lilly
Did you know that Eli Lilly and other pharmaceutical companies have sold approximately 10.6 million shots of obesity drug doses in the U.S. in a single month? The rise of these injectable weight loss medications is so powerful that it’s causing investors to question the future of even staple food and beverage stocks.
While this aspect alone could secure Eli Lilly as the pharmaceutical golden goose you’ve been looking for there is much more than meets the eye.
» Read more about: Market Commentary: The Meteoric Rise of Eli Lilly »
Read MoreThe Ivy
1 Under-the-Radar Small Cap Set To Pop?
Applied Optoelectronics (NASDAQ: AAOI) isn’t well known and why would it be trading at less than a half a billion dollars in valuation. But it has seen a surge recently in insider buying as those in-the-know seem to be betting on future prospects.
This small-cap company has positioned itself as a critical supplier to major data center operators and telecommunications firms,
» Read more about: 1 Under-the-Radar Small Cap Set To Pop? »
Read More