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US judiciary relaxes ethics standard on clerks seeking political jobs
By Nate Raymond March 7 (Reuters) - A U.S. judicial panel on Friday relaxed ethics guidance it issued just six months ago advising federal judges to restrict their law clerks from seeking post-clerkship employment with political organizations to make clear judges retain "broad discretion"...Reuters
Fri, Mar 7
Stocks
Why Bank Stocks JPMorgan Chase and Wells Fargo Fell Today
Shares of the bank stocks JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) fell 1.7% and 2.2%, respectively, for no obvious reason but likely due to new economic data and ongoing tariff news that seems to change daily.Jobs report misses estimatesNew jobs data from February once again missed ec...The Motley Fool
Fri, Mar 7
Other
WRAPUP 3-Trump threatens Russia with sanctions until Ukraine peace reached
Trump threatens to impose major sanctions on RussiaHe says Russia and Ukraine must negotiate peace fastRussian forces almost surround Ukrainian forces in RussiaZelenskiy seeks air and sea truce after Russian attacksBy Andrea Shalal, Anastasiia Malenko, Olena Harmash and Nandita Bose WASHINGTON/KY...Reuters
Fri, Mar 7
Commodities
CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows
March 7 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Friday to end what has been a week of uncertainty in oil markets due to the fluctuating trade policy in the U.S. * WCS for April delivery...Reuters
Fri, Mar 7
Stocks
Dexcom receives FDA warning letter for two U.S. manufacturing facilities
March 7 (Reuters) - Medical device maker Dexcom DXCM.O said it has received a warning letter from the U.S. Food and Drug Administration following inspections of its two key manufacturing facilities, sending its shares down nearly 7% after the bell.The warning letter identified issues in manufacturin...Reuters
Fri, Mar 7
Other
US determined there are 9 wrongfully detained Americans in Venezuela
Spokesperson says all Americans unjustly detained in Venezuela must be releasedSpokesperson did not name those wrongfully detainedLucas Hunter among those wrongfully detained, sister saysBy Daphne Psaledakis and Jonathan LandayWASHINGTON, March 7 (Reuters) - U.S. Secretary of State Marco Rubio on Mo...Reuters
Fri, Mar 7
Stocks
Dexcom falls after FDA's warning letter over deficiencies at two facilities
** Shares of medical device maker Dexcom DXCM.O fall 6.2% to $73 in extended trade** Co says it had received a warning letter from the U.S. FDA following inspections of its two key manufacturing facilities** The warning letter contains observations and identified issues in manufacturing processes an...Reuters
Fri, Mar 7
Other
US drops bid to make Google sell AI investments in antitrust case
March 7 (Reuters) - The U.S. Department of Justice on Friday dropped a proposal to force Alphabet's Google GOOGL.O to sell its investments in artificial intelligence companies, including OpenAI competitor Anthropic, to boost competition in online search.The DOJ still seeks a court order requirin...Reuters
Fri, Mar 7
Forex
Crypto leaders meet at Trump's summit with strategic reserve in focus
Trump wants government to hold on to seized crypto assetsTrump: "We don't want any cost to the taxpayers"Industry leaders seek clarity on crypto regulation and scrutinyConcerns over Trump's crypto interests and conflict of interestBy Nandita Bose, Suzanne McGee and Michelle Conlin ...Reuters
Fri, Mar 7
Other
US senator presses Pentagon to use key safety system in DC-area helicopter flights
By David Shepardson WASHINGTON, March 7 (Reuters) - The top Senate Democrat on the committee overseeing aviation challenged the Pentagon on Friday to justify not using a key safety system on routine military helicopter flights in the U.S. capital region following a deadly accident.A U.S. Army hel...Reuters
Fri, Mar 7
Stocks
Why Denny's Stock Tumbled by 16% This Week
The persistently rising price of a key input was the main factor behind the recent sag in Denny's (NASDAQ: DENN) stock. Investors weren't very forgiving this week, as according to data compiled by S&P Global Market Intelligence, they traded the company's shares down by nearly 16% over the period.Not...The Motley Fool
Fri, Mar 7
Cryptocurrencies
Here’s How The US Could Buy Bitcoin In A ‘Budget-Neutral’ Way: Experts
US President Donald Trump has signed an Executive Order creating a Strategic Bitcoin Reserve (SBR)—a first-of-its-kind program to hold BTC as part of the federal government’s assets. According to the Order, the Reserve will be funded by Bitcoin already in government possession through criminal or ci...Bitcoinist
Fri, Mar 7
Commodities
GRAINS-Corn futures end higher, extending rally on tariff relief
By Julie Ingwersen CHICAGO, March 7 (Reuters) - Chicago Board of Trade corn futures rose for a third straight session on Friday as news of exemptions for Mexico and Canada to most U.S. tariffs allowed grain prices to stabilize after a plunge early this week.Benchmark soybean declined but stayed i...Reuters
Fri, Mar 7
Other
Skeleton-Briton Weston scorches Lake Placid to win second world championship
NEW YORK, March 7 (Reuters) - Briton Matt Weston picked up his second men's skeleton World Championships win in Lake Placid, on Friday, winning by 1.90 seconds - the second-largest margin in the competition's history.Weston, who won in 2023 as well, led the rest of the field by 0.89 seconds ...Reuters
Fri, Mar 7
