The U.S. economy lost jobs in February, a month marred by severe winter weather and a strike at a major health-care provider, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls fell by 92,000 for the month, compared with the estimate for 50,000 and below the downwardly revised January total of 126,000. February marked the…
Food and Drug Administration Commissioner Marty Makary told CNBC that he believes “everything should be over-the-counter” unless a drug is unsafe, addictive or requires monitoring – doubling down on a push that some in the pharmaceutical industry have questioned. In an interview on Wednesday in Washington, D.C., Makary said the FDA’s aims to make changes…
In super-organised Singapore, disputes over public space are a battle between control and chaos. Source link
President Donald Trump’s so-called “reciprocal tariffs” could be struck down by the U.S. Supreme Court as soon as this week. Regardless of the ruling, there’s little comfort to be found for the furniture industry. Furniture importers are facing steep, and in some cases stacking, import duties after the industry was hit with higher tariffs on…
The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms. Source link
The Pro Padel League has raised $15 million in a new funding round, the league announced on Tuesday, highlighting the growing investment for yet another rising racket sport as it gains traction in the U.S. The new raise follows $10 million in seed funding for the league, received in March 2025. The Series A funding…
JPMorgan has had to pay tens of millions in legal costs for the convicted fraudster. It wants the public to see a newly unredacted list of itemized expenses. Source link
Inside Jeffrey Epstein’s ‘Lolita Express’. For nearly a decade, the Boeing 727 once owned by Jeffrey Epstein has sat motionless on an outdoor slab in Brunswick, Georgia — its once-polished fuselage streaked with grime, its engines removed, its interior frozen in a kind of disquieting time capsule.Nicknamed the “Lolita Express” by the press, a moniker…
Oracle Corporation rings the Opening Bell at the New York Stock Exchange on Feb. 3, 2026. NYSE Oracle‘s stock surged 11% as software shares, beaten down by artificial intelligence disruption fears, clawed back some year-to-date losses. Adobe jumped about 6%, while Salesforce rallied 5%. ServiceNow, HubSpot, and Workday rallied more than 7% each. Cybersecurity stocks…
Oscar Wong | Moment | Getty Images As headlines swirl about trouble in the private credit market, investors might wonder whether it means significant problems lie ahead for these assets. Right now, pockets of weakness exist. Those shouldn’t be ignored, but they don’t foretell a broad-based meltdown among private credit funds, some financial advisors say….