Needham Spots Autonomous Trucking Inflection Point Arriving Next Year

March Jobs Shocker: Payrolls Soar By 178K Most Since 2024, Blowing Away All Estimates; Unemployment Rate Drops We titled our nonfarm payroll preview post "a substantial bounce" and boy were we right: with consensus expecting a material rebound from February's negative print (which was revised as usual worse, from -92K to -133K), what the BLS reported instead was a huge beat to expectations of a 65K increase, with March jobs reportedly rising by 178K, the biggest increase since December 2024. The number was driven entirely by a surge in private workers...

Al 'Mr.Impeachment' Green Out As Crypto-Backed Candidates Win Key Texas Primary Runoffs Authored by Christina Comben via CoinTelegraph.com, Crypto-backed political groups supported several winning candidates in Texas primary runoffs Tuesday, highlighting the digital asset industry’s growing role in US elections as Congress debates new rules for crypto markets. Attorney General Ken Paxton won the Republican US Senate runoff against four-term Senator John Cornyn by a wide margin, according to Texas primary runoff results, and will face Democratic state Representative James Talarico in November. In Houston’s 18th Congressional District, Democrat Christian Menefee unseated fellow Democrat representative Al Green...

Saudi Arabia Planning To Bypass Hormuz With Massive Expansion Of Oil Pipeline Saudi Arabia plans to lift the East-West pipeline's capacity to 10 million barrels per day within two to three years, Energy Minister Prince Abdulaziz bin Salman said at the WPC Energy Congress in Riyadh, as the kingdom works to keep its crude moving around a closed Strait of Hormuz. The line has become Riyadh's main export route. Saudi Arabia has used it to reroute around 4 million barrels per day to the Red Sea port of Yanbu, Zawya reported....