China calls U.S. blockade of the Strait of Hormuz 'dangerous and irresponsible'

Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.

The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.

Bessent has previously said the Fed should hasten cutting interest rates, calling reductions "the only ingredient missing" for stronger economic growth.