Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
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Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.
Strong October jobs report sends yields higher
Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate held steady at 4.2%.
US job growth beats expectations in October; unemployment rate falls to 4.1%
The first oil tankers scheduled to deliver Russian diesel to the US under a deal between President Donald Trump and his Russian counterpart Vladimir Putin have changed course and are no longer heading toward the US coast. It spells the end of an agreement announced with great fanfare before the midterms.
Canada’s unemployment rate edges up to six-month high in October
RenX completes mill assembly at Florida organics facility
Unique Global completes acquisition by AO Capital Partners
Gladstone Investment acquires majority stake in McFarlane Toys
S&P 500 futures pare gains after October non-farm payrolls data
U.S. adds 165,000 jobs in October, exceeding forecasts
Why is Terawulf stock surging today?
DA Davidson raises Portillo’s stock price target on earnings beat
Needham raises Genpact stock price target on agentic growth
Prior was +29K (revised to +60K) Two-month net revision +84K Unemployment rate 4.1% vs 4.2% expected Prior unemployment rate 4.2% Unrounded unemployment 4.141% vs 4.1753% prior Participation rate 61.9% vs 61.8% prior U6 underemployment rate 7.9% vs 7.6% prior Average hourly earnings +0.4% m/m vs +0.3% expected Average hourly earnings 3.1% y/y vs +2.9% expected Average weekly hours 34.4 vs 34.4…
U.S. Nonfarm Payrolls Surge, Surpassing Expectations
The unemployment rate unexpectedly fell to 4.1%. The strong showing surely puts a December rate hike in play, but next week's inflation numbers and the fate of the stock market could prove more important.
U.S. added 165,000 jobs in October, more than expected — live updates
Prior month -68.3K Details: Employment change −4,700 vs +13,600 expected. Prior −68,000. Unemployment rate 6.7% vs 6.5% expected. Prior 6.5%. Employment rate 60.5% vs 60.6% in September. Average hourly wages +2.2% year over year vs +2.3% in September, before seasonal adjustment. Full time employment -18.1K vs -35.4K last month Part Time employment 13.4K v -32.9k last month October components…
The chances of a U.S.-Iran deal are low and the next two months carry the greatest escalation risks that could derail the recovery of oil flows through the Strait of Hormuz, energy consultancy FGE NexantECA says after the U.S. midterm elections. “Not only are we not close to a resolution, we are even worse than we were before the June MOU,” FGE NexantECA’s chairman Emeritus, Fereidun Fesharaki,…
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