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Jobless claims drop to 8-week low. Hiring has slowed, but layoffs aren’t rising.

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The number of Americans who applied for unemployment benefits last week fell slightly to 227,000 and touched a 8-week low, reinforcing the view that companies are reluctant to lay off workers even as they clamp down on new hiring.

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Bitcoin sits near record high. More good news for investors: It’s now less volatile. 

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With bitcoin touching all-time highs again, investors are more confident that the latest bull run will be more sustainable compared to previous cycles, with subdued volatility as the crypto industry matures with increased institutional adoption. 

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Trump picking Warsh for Treasury would empower a critic of both the Fed and tariffs

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Former Federal Reserve Gov. Kevin Warsh, under consideration for Treasury secretary by President-elect Donald Trump, is known as a critic of both the Fed and protectionism.

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Netflix’s stock hits record high after news that Tyson-Paul fight drew 108 million viewers

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Netflix says bout was the most-streamed global sporting event ever

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