U.S. employers hired a net 178,000 more workers in March, the most in any month since December 2024, according to the U.S. labor department’s initial estimate.
ECONOMIC UPDATE
By the facts, as we have reported, President Donald Trump keeps saying one thing, doing another thing, or doing nothing.
EUROPE WILL UNDERGO LONG-TERM ENERGY CRISIS, OFFICIALS SAY
Europe faces a “long-lasting” crisis of energy shortages and high fuel prices, the European Commission (EC) has warned.
IRAN’S FOUR KEY DEMANDS TO END THE WAR THAT TRUMP CALLS A “CONFLICT”
When President Trump gave his Iran War update on April 1st, April Fool’s Day, last week, he never once called it a war.
ISRAEL ESCALATES LEBANON BOMBING, VOWS TO OCCUPY SOUTHERN PART OF THE COUNTRY
Israel killed another 11 people in Lebanon on Easter Sunday in airstrikes on the country’s south and on a neighborhood outside Beirut.
MAJORITY OF AMERICANS OPPOSE IRAN WAR, NEW POLL FINDS
A newly released Reuters/Ipsos poll found that Americans are not optimistic about the Iran War, from their own financial well-being to the risks faced by troops stationed in the region.
EPSTEIN TRIED TO PRESENT HIMSELF AS A CLOSE ASSOCIATE TO TRUMP DURING FIRST TERM IN OFFICE, REPORT SAYS
Jeffrey Epstein, the deceased pedophile who had an extensive list of powerful personal friends, seemed to have extremely close ties to the White House during President Donald Trump’s first term in office, according to a report in The New York Times.
Global Economy
CENTRAL BANKS DUMP U.S. TREASURY SECURITIES
In March, central banks cashed in $82 billion worth of their holdings of U.S. treasury securities at the Federal Reserve Bank of New York, reducing the volume of their securities there to the lowest since 2012, the Financial Times reported.
GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs, declining demand, shifting consumer habits and online shopping.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The job market continues to be shaped by economic uncertainty, technological change, AI and shifting worker expectations.
U.S. Economy
MARKET OVERVIEW
Despite retreating Thursday after Donald Trump’s comments that bombing will continue in the Iran War, the three major U.S. stock indexes booked gains for the shortened week.
GM FIRST-QUARTER SALES FALL BY MOST IN FOUR YEARS
General Motors’ sales in this year’s first quarter were 9.7 percent below those a year earlier as high sticker prices and interest rates kept buyers away, The Wall Street Journal reported.
U.S. TRADE DEFICIT WAS LARGER IN FEBRUARY
February’s U.S. trade deficit grew 4.9 percent larger than January’s, rising to $57.3 billion.
The Iran War
DIMON-APPROVED: JPMORGAN BOSS CALLS ON TRUMP TO ‘FINISH THIS THING’ IN IRAN
Jamie Dimon, the CEO of JPMorgan Chase, said in an interview last week that President Donald Trump needs to achieve his goals in Iran and “finish this thing” and “clean up” the Strait of Hormuz to preserve the future of the global economy.
60 PERCENT OF AMERICAN JEWS OPPOSE IRAN WAR: POLL
A newly released poll found that 60 percent of American Jews say they are opposed to President Donald Trump’s decision to launch an illegal war of aggression against Iran, according to a report.
IRAN CALLS OUT WESTERN HYPOCRISY AFTER COMMENTS ABOUT THE STRAIT OF HORMUZ
Kaja Kallas, Europe’s top diplomat, recently endorsed the move by London to organize a multinational coalition to ensure the “safe and sustained opening” of the Strait of Hormuz that has been closed by Tehran during the U.S.-Israeli war of aggression that was launched on 28 February.
Hi-Tech Science
CHINA’S HOUSEMAID ROBOT MAKES BREAKFAST AND CLEANS
UniX AI, a Chinese robot maker, is field-testing an in-home robot with an embedded AI that enables it to wake you up at a specific time, make a meal, clean surfaces, and pick up things and put them away.
ALUMINUM FROM JUNK CARS REPURPOSED INTO AUTO PARTS
Each year, 12 to 15 million cars are put into scrap yards. While much of the steel can be recycled, much of the aluminum cannot because the recycling process introduces impurities that make the aluminum substandard for cars’ standards for strength and durability.
NEW CANCER TREATMENT ATTACKS TUMORS
For more than 20 years, medical researchers have been frustrated by a family of anticancer drugs called CD40 agonists.