US Jobs Jump 115K, Smashing Estimates; Umemployment Rate Unchanged At 4.3%

Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming After the close on Thursday, the Court of International Trade (CIT) ruled to invalidate Trump's latest set of universal 10% tariff imposed two months ago under Sec. 122. The administration will quickly appeal this decision before it takes effect May 12. If the case follows the same pattern as the challenge to the IEEPA tariffs last year, a higher court might soon stay this ruling and leave the tariffs in place pending a longer review.   As...

These Countries Are Building The Most Small Modular Nuclear Reactors The U.S. is leading the world in small modular nuclear reactor (SMR) development with 28 siting announcements, as of 2026. This graphic, via Visual Capitalist's Cody Good, in partnership with the National Public Utilities Council, shows which countries are building the most SMRs. The U.S. Leads Global SMR Development With 28 siting announcements, the U.S. has more SMR projects in development than the next four countries combined.   Source: The Nuclear Energy Agency Only 78 of 129 SMR designs being tracked by the NEA are publicly reported in the...

Sweden Passes Law To Revoke Residence Permits From Migrants Who Fail 'Good-Behavior' Test Via Remix News, Sweden has passed a new migration law that will allow residence permits to be refused or revoked if foreign nationals are deemed not to have lived in an orderly manner, marking another major tightening of the country’s immigration system. The Swedish Parliament adopted the government’s amendments to existing immigration laws on Monday by 302 votes to 44, with the Left Party and the Green Party voting against the measure. The changes will mainly come into force...