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Oil futures were trading at their highest levels since the summer of 2024 on Friday as the Iran conflict entered a seventh day, with no sign of it ending anytime soon.
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Sri Lanka takes custody of an Iranian vessel off its coast after US sank an Iranian warship AP NewsWhy the Torpedoed Iranian Warship Is a Political Problem for India The New York TimesIranian vessel suffers engine failure, offloads crew days after US submarine sank other ship Fox NewsIran Warns U.S. Will ‘Bitterly Regret' Sinking Iranian Warship Time Magazine
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The professional and business services sector lost 5,000 jobs, including 1,400 in accounting, tax preparation, bookkeeping and payroll services.
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Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.
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