The trade deficit narrowed 9% in March to a four-month low, but shrinking imports point to weaker consumer spending and more stress on the U.S. economy.
Economic Report: U.S. productivity fell sharply in the first quarter as economy slows
The productivity of American workers fell at a 2.7% annual pace in the first quarter, the Labor Department said Thursday.
Economic Report: Jobless claims climb 13,000 to 242,000 and show hints of U.S. labor-market softening
The number of Americans who applied for unemployment benefits last week rose by 13,000 to 242,000 and hinted at some softening in a muscular U.S. labor market.
Metals Stocks: Gold inches closer to a record high, buoyed by recession fears and weaker U.S. dollar
Gold futures mark their highest settlement since August 2020 on Thursday while flirting with a new record, and silver prices finish the session at their highest in more than a year.
Outside the Box: ‘Felony murder’ laws impose punishment that doesn’t fit the crime or keep us safer
All but two U.S. states allow murder charges even if an individual did not directly cause or intend the loss of life.
Futures Movers: Oil futures decline as recession worries set prices up for fourth straight loss
Oil futures move lower Thursday, with worries about an economic recession that reduces energy demand pulling prices down for a fourth consecutive session.
Need to Know: Here’s when history says the post-Fed pause rally should start — and the two unlikely sectors to benefit
Our call of the day from Kevin Muir of the Macro Tourist blog takes us through what markets did after final Fed hikes, with some surprising stock winners.
: First Horizon stock plunges after merger deal with TD Bank is mutually terminated
A proposed First Horizon-TD Bank deal was valued at $13.4 billion when it was announced in February 2022, but banks cite regulatory uncertainty for its demise.
Earnings Outlook: Apple is about to rain billions more on investors as cash position shrinks
It’s time once again for Apple Inc.’s annual cash bonanza.
Bond Report: Treasury yields move higher as investors parse latest Fed policy update
Bond yields rose on Thursday as traders continued to parse the latest Federal Reserve rate rise and comments, and looked ahead to jobs data on Friday.
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