US Economy
Bitcoin rallies above $68,000 despite Iran conflict escalation
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Bitcoin surged above $68,000 on March 2, 2026, as cryptocurrency markets rebounded amid a muted global reaction to escalating tensions in the Middle East. The rally followed strong U.S. manufacturing data, with the ISM PMI rising to 52.4 in February, signaling economic expansion. Ether and other major coins also gained, adding over $100 billion to the total market capitalization in under an hour.
America's employers added 115,000 jobs in April, beating expectations even as the Iran conflict disrupted oil supplies and raised gas prices. The unemployment rate held steady at 4.3 percent.
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Sales of used electric vehicles in the US jumped 12 percent in the first quarter compared to last year, driven by a flood of off-lease models and petrol prices topping $4 a gallon. New EV sales fell 28 percent year-on-year after the loss of a federal tax credit. Analysts say cheaper used EVs could draw more buyers into electrification.
A recent MIT study suggests that artificial intelligence could currently displace up to 12% of the total US jobs market. This equates to one in nine workers potentially affected. The findings highlight ongoing concerns about AI's impact on employment.
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A new national survey by the EU‑US Forum, first shared with the Daily Wire, finds that many likely U.S. general‑election voters favor the Trump administration using trade negotiations to shield American companies from two European Union sustainability directives. The poll reports 57% see the rules as unfair to U.S. firms, 71% say they would raise costs for American families, and nearly six in ten want officials to use trade talks to counter them.