The U.S. economy added significantly more jobs than expected in January, offering fresh evidence that the labor market is stabilizing after a prolonged period of weakness—an outcome likely to influence Federal Reserve interest rate decisions later this year. Nonfarm payrolls increased by 130,000 last month, well above economists’ forecasts of …

OPEC on Wednesday projected a decline in global demand for crude from the wider OPEC+ producer group in the second quarter of the year, pointing to a softer seasonal outlook as producers weigh their next supply moves. According to OPEC’s latest monthly oil report, world demand for OPEC+ crude is …

Shares of Shopify Inc. surged more than 12% in premarket trading on Wednesday after the e-commerce platform delivered stronger-than-expected fourth-quarter results, issued robust first-quarter revenue guidance, and unveiled a $2 billion share repurchase program. For the quarter ended December 31, 2025, Shopify reported adjusted earnings per share of $0.57, comfortably …

Bitcoin fell below the $67,000 mark during Asian trading on Wednesday, retreating as investors turned cautious ahead of key U.S. employment data that could influence the Federal Reserve’s interest rate trajectory in the months ahead. The world’s largest cryptocurrency was last down 2.6% at $67,126.7 by 02:46 ET (07:46 GMT). …

The U.S. dollar weakened on Wednesday, coming under renewed pressure ahead of the release of closely watched U.S. employment data that could shape expectations for Federal Reserve interest rate cuts later this year and into 2026. By 04:36 ET (09:36 GMT), the dollar index, which measures the greenback against a …

Oil prices climbed on Wednesday, supported by rising geopolitical risk tied to fragile U.S.–Iran negotiations and fresh signs of tightening physical supply, as crude stockpiles declined at key global hubs. Brent crude futures advanced 98 cents, or 1.4%, to $69.78 a barrel by 09:49 GMT, while U.S. West Texas Intermediate …

House Republicans suffered a narrow but symbolic defeat late Tuesday after failing to pass a procedural measure designed to block lawmakers from forcing a vote on President Donald Trump’s tariff policies. The proposal was rejected by a slim margin of 214–217, as three Republicans joined Democrats in opposing the move—dealing …

U.S. officials have discussed the possibility of seizing oil tankers carrying Iranian crude to increase pressure on Tehran, but have refrained from doing so over concerns about retaliation and disruption to global oil markets, according to The Wall Street Journal. The White House reportedly considered such a move as part …

U.S. Commerce Secretary Howard Lutnick said on Tuesday that the recent weakness in the U.S. dollar reflects a more “natural” level for the currency, arguing that it could help boost American exports and support stronger economic growth. Speaking before a U.S. Senate Appropriations subcommittee, Lutnick said that for many years …

The European Union needs to significantly simplify its regulatory framework for businesses to strengthen its global competitiveness against economic heavyweights such as the United States and China, European Commission President Ursula von der Leyen said on Wednesday. Speaking before the European Parliament, von der Leyen highlighted the structural fragmentation of …