Jerry Lin
The Latest
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U.S. Jobless Claims Fall to Seven-Month Low Amid Signs of Labor Market Strength
The number of Americans filing for unemployment benefits fell to 213,000 last week, marking a seven-month low and indicating continued resilience in the labor market. The Department of Labor reported Thursday that claims dropped by 6,000 for the week ending November 16, coming in below economists' forecasts of 220,000. 
The number of Americans filing for unemployment benefits fell to 213,000 last week, marking a seven-month low and indicating continued resilience in the labor market. The Department of Labor reported Thursday that claims dropped by 6,000 for the week ending November 16, coming in below economists' forecasts of 220,000. -
Bitcoin Rockets Toward $100,000
Bitcoin continued its meteoric rise on Thursday, reaching a new record high of over $98,000 and closing in on the psychologically significant $100,000 mark. The cryptocurrency has soared more than 40% in just two weeks, fueled by post-election optimism and the promise of a crypto-friendly administration under President-elect Donald Trump. 
Bitcoin continued its meteoric rise on Thursday, reaching a new record high of over $98,000 and closing in on the psychologically significant $100,000 mark. The cryptocurrency has soared more than 40% in just two weeks, fueled by post-election optimism and the promise of a crypto-friendly administration under President-elect Donald Trump. -
Bitcoin Surges Toward $100,000 as Institutional Interest and Regulatory Optimism Grow
Bitcoin is rapidly approaching the $100,000 milestone, riding a wave of institutional adoption and growing anticipation of a crypto-friendly regulatory landscape under the incoming Trump administration. The world's largest cryptocurrency has shattered records this year, reaching a new peak of $94,982.37 and doubling its value since January. Analysts believe this rally is only the beginning, with predictions of further historic gains on the horizon. 
Bitcoin is rapidly approaching the $100,000 milestone, riding a wave of institutional adoption and growing anticipation of a crypto-friendly regulatory landscape under the incoming Trump administration. The world's largest cryptocurrency has shattered records this year, reaching a new peak of $94,982.37 and doubling its value since January. Analysts believe this rally is only the beginning, with predictions of further historic gains on the horizon. -
HSBC: OPEC+ Likely to Extend Production Cuts, Oil Prices to Stabilize at $70 in 2025
Brent Crude has fallen more than 15% since its July 4th peak, and HSBC predicts further declines in 2025. 
Brent Crude has fallen more than 15% since its July 4th peak, and HSBC predicts further declines in 2025. -
Gold Rebounds on Safe-Haven Buying as Dollar Rally Pauses, Markets Eye Fed Comments
Gold prices rebounded sharply on Monday following six consecutive sessions of losses, as renewed safe-haven demand and a pause in the U.S. dollar's rally provided relief to investors. 
Gold prices rebounded sharply on Monday following six consecutive sessions of losses, as renewed safe-haven demand and a pause in the U.S. dollar's rally provided relief to investors. -
BP, Shell Adjust Energy Strategies, Abandon Some Low-Carbon Goals Amid Rising Costs
The transition to low-carbon energy has proven challenging, and now Europe's energy giants are preparing to shift back to their traditional oil and gas businesses. 
The transition to low-carbon energy has proven challenging, and now Europe's energy giants are preparing to shift back to their traditional oil and gas businesses. -
BOJ Governor Ueda Signals Potential Rate Hike in December as Inflation Pressures Mount
Bank of Japan (BOJ) Governor Kazuo Ueda indicated Monday that the central bank could raise interest rates as soon as December, highlighting progress in Japan's efforts to achieve wage-driven inflation. Speaking to business leaders in Nagoya, Ueda noted that while there are numerous uncertainties, domestic conditions, including rising wages and inflation, appear conducive to further monetary policy adjustments. The BOJ must balance stimulus reduction carefully to avoid exacerbating inflationary pressures, Ueda said. 
Bank of Japan (BOJ) Governor Kazuo Ueda indicated Monday that the central bank could raise interest rates as soon as December, highlighting progress in Japan's efforts to achieve wage-driven inflation. Speaking to business leaders in Nagoya, Ueda noted that while there are numerous uncertainties, domestic conditions, including rising wages and inflation, appear conducive to further monetary policy adjustments. The BOJ must balance stimulus reduction carefully to avoid exacerbating inflationary pressures, Ueda said. -
Israel Targeted and Destroyed Secret Iranian Nuclear Research Facility in October Strike
In a late October operation, Israeli forces struck a top-secret Iranian nuclear weapons research facility located within the Parchin military complex, approximately 20 miles southeast of Tehran, according to multiple U.S. and Israeli officials. 
In a late October operation, Israeli forces struck a top-secret Iranian nuclear weapons research facility located within the Parchin military complex, approximately 20 miles southeast of Tehran, according to multiple U.S. and Israeli officials. -
Yen Weakens as Market Awaits Signals of December Rate Hike from Japan’s Central Bank
The Bank of Japan's Governor Kazuo Ueda will hold a press conference next Monday, with markets eagerly awaiting his comments for any hints of a potential rate hike in December. 
The Bank of Japan's Governor Kazuo Ueda will hold a press conference next Monday, with markets eagerly awaiting his comments for any hints of a potential rate hike in December. -
Oil Prices Edge Higher Amid Mixed Market Signals and Surplus Concerns
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January settled at $72.56, an increase of 28 cents or 0.4%. The uptick came amid a steep drawdown in U.S. fuel stocks, despite mounting concerns over a projected supply surplus for next year and broader economic headwinds. 
U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January settled at $72.56, an increase of 28 cents or 0.4%. The uptick came amid a steep drawdown in U.S. fuel stocks, despite mounting concerns over a projected supply surplus for next year and broader economic headwinds.
