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Washington CNN  —  Spending at US retailers last month was much weaker than expected, in a troubling sign that the American shopper could be starting to tap out. Retail sales rose 0.2% in February from the prior month, the Commerce Department said Monday, up from January’s downwardly revised 1.2% decline. That was much lower than the 0.7% increase economists projected in a FactSet poll. The figures are adjusted for seasonal swings but not inflation. President Donald Trump’s whipsawing trade spat with America’s biggest trading partners has spurred high levels of uncertainty among consumers and businesses. That skittishness has been evident…

New Canadian Prime Minister Mark Carney met with French President Emmanuel Macron on Monday during his first official overseas trip, seeking support from one of Ottawa’s oldest allies as U.S. President Donald Trump attacks Canada’s sovereignty and economy.Macron and Carney did not take journalists’ questions ahead of the talks, a sign the French president might not want to upset Trump.Macron did not address Trump’s attacks on Canada but noted that tariffs only bring inflation.“In the current international context, we want to be able to develop our most strategic projects with our closest, more loyal partners,” Macron said, adding that “we…

Inspired (INSE) To Report Earnings Tomorrow: Here Is What To Expect Gaming company Inspired (NASDAQ:INSE) will be announcing earnings results tomorrow before the bell. Here’s what investors should know. Inspired missed analysts’ revenue expectations by 3.8% last quarter, reporting revenues of $78 million, down 20% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ adjusted operating income and EPS estimates. Is Inspired a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Inspired’s revenue to decline 2.9% year on year to $78.84 million,…

President Donald Trump claimed without evidence his predecessor’s pardons for members of the House select committee that investigated the Jan. 6, 2021 attacks on the Capitol to be invalid early Monday, because President Joe Biden didn’t use a real pen.“The ‘Pardons’ that Sleepy Joe Biden gave to the Unselect Committee of Political Thugs, and many others, are hereby declared VOID, VACANT, AND OF NO FURTHER FORCE OR EFFECT, because of the fact that they were done by Autopen,” Trump wrote on his Truth Social online platform.Trump went on to allege that Biden didn’t know about the pardons or approve them, and…

(Bloomberg) — S&P 500 futures retreated after Treasury Secretary Scott Bessent dismissed recent declines as healthy, reinforcing the view that the Trump administration is unlikely to step in to boost markets. Most Read from Bloomberg Contracts on the S&P 500 slipped 0.3% while those for the Nasdaq 100 were down 0.2%. Futures pared losses as some tech shares rose in premarket trading, with Nvidia Corp. higher ahead of its much anticipated conference on artificial intelligence. However, Wall Street could stay under pressure from signs that no government support will be forthcoming to cushion the market impact of President Donald Trump…

Bitcoin (BTC) has steadied since last Tuesday, bouncing to its 200-day average above $84,000 over the weekend. Still, a crypto whale has taken a contrarian stance by raising a leveraged bearish bet on BTC worth millions on Hyperliquid while betting bullish on the MELANIA token. As of writing, the whale held a short position in BTC perpetual futures worth over $445 million, generating an unrealized gain of $1.3 million. The position employed a 40x leverage and a liquidation price of $86,000, according to data source Hyperliquid and Lookonchain. The outsized short anticipating a bitcoin price slide made waves on social…

LAHORE: South African Corbin Bosch has been served a legal notice by the Pakistan Cricket Board (PCB) “alleging breach of the all-rounder’s contractual obligations” to the board, it said on Sunday. The 30-year-old Bosch was picked by Peshawar Zalmi in the Diamond category during the 10th edition of the HBL Pakistan Super League Player Draft, held in Lahore on January 13. However, Indian Premier League (IPL) side Mumbai Indians had also signed him as a replacement for his injured compatriot Lizaad Williams. Bosch’s signing with Mumbai meant he will forgo his PSL contract, as the IPL begins on March 22…

CNN  —  The latest snapshot of job openings in the US shows that there were 7.74 million available positions at the end of January, signaling renewed optimism from US employers to start the year. The number of job openings rose from December’s downwardly revised total of 7.51 million, according to the latest Job Openings and Labor Turnover Survey released Tuesday by the Bureau of Labor Statistics. Although backward-looking, the report provides a critical baseline for US labor market activity — job openings, hires, quits and separations such as layoffs — before President Donald Trump’s sweeping policy actions kicked into higher…

By Nicholas P. Brown (Reuters) -Fast-fashion retailer Forever 21’s U.S. operating company on Sunday filed for Chapter 11 bankruptcy for the second time in six years, hamstrung by dwindling mall traffic and mounting competition from online retailers. The move means liquidation for the company, named F21 OpCo, which was unable to find a buyer for its roughly 350 U.S. stores. Forever 21’s trademark and intellectual property – still held by an entity called Authentic Brands Group – may live on in a different form. The rise of e-commerce players such as Amazon as well as Shein and Temu, paired with…

Bitcoin Whale Places $368M Short Bet With 40x Leverage Ahead of March 19 Fed Meeting A major Bitcoin whale has placed a $368 million short position with 40x leverage, betting on a price decline in the cryptocurrency ahead of the Federal Open Market Committee (FOMC) meeting scheduled for March 19. The position was initiated at $84,043 per Bitcoin, and it faces liquidation if the cryptocurrency rises above $85,592. Although the whale has gained over $2 million in unrealized profits, they also face more than $200,000 in funding fees for the position, according to data from Hypurrscan. Investors are closely monitoring…