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05/03/2026
The International Group of Protection and Indemnity Associations, in an email statement, announced that insurance quotes have been provided for vessels passing through the Strait of Hormuz.
Latest
3 m ago
According to data from the American private data provider RevelioLabs, the non-farm employment in the United States decreased by 16,700 people in February.
6 m ago
Fed's Powell: I support the idea of the Fed having a smaller footprint and intervening less in the market.
7 m ago
Last week, the number of initial jobless claims in the United States remained almost unchanged, while the number of layoffs in February decreased significantly, which is in line with the stable trend in the labor market. The data indicates that the labor market is regaining its footing after setbacks last year. Economists believe that last year's fluctuations were due to the uncertainty caused by widespread tariffs imposed by Trump under a law aimed at responding to national emergencies. The "Beige Book" report released by the Federal Reserve on Wednesday also stated that the employment level has been "broadly stable in 12 districts, with 7 reporting no change in hiring." The report noted that "contacts in multiple districts cited rising non-labor input costs, weakening demand, or uncertainty about the overall economic situation as reasons for employment levels remaining stable or declining." Economists are optimistic that with demand stimulated by tax cuts, the labor market will regain momentum this year.
7 m ago
Federal Reserve Powell: I expect that current policy is still in a moderately tight stance.
8 m ago
Federal Reserve Chairman Powell: Employment data over the past few months have been reassuring.
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