According to Odaily Planet Daily, the US February jobs report showed a loss of 92,000 jobs, compared to economists' predictions of a 50,000-job increase. Wealth Club investment manager Isaac Stell stated that the Federal Reserve now faces more complex policy challenges, with rising oil prices following the US strike on Iran exacerbating inflation concerns. Goldman Sachs analysts predict oil prices could break $100 per barrel, while JPMorgan researchers warn that prices could reach $120 per barrel. According to CME FedWatch data, traders are currently pricing in a near 50% probability of a Fed rate cut in June. Amid the job decline, Oracle and Block announced layoffs. Block CEO Jack Dorsey attributed the 40% reduction in staff to AI transformation, stating that smaller teams can accomplish more with the help of AI tools. Amazon also announced layoff plans. Brad Conger, chief investment officer at Hirtle Callaghan, said the February jobs report continued the weakening trend in the labor market that began last year. Block's 40% job cuts are a signal of job redundancy in the economy. AI is not replacing jobs, but rather the layoffs are funding AI spending.

Odaily Planet Daily reports that on March 6, US President Trump signed an executive order requiring the Secretary of State, the Secretary of the Treasury, the Secretary of War, the Attorney General, and the Secretary of Homeland Security to review the existing framework within 60 days and submit an action plan against cybercrime activities by transnational criminal organizations within 120 days. The order directs the establishment of an action group within the National Coordination Center to coordinate federal-level efforts to detect, combat, and deter cybercrime activities by foreign transnational criminal organizations. The order requires the Attorney General to submit recommendations within 90 days on establishing a victim recovery program aimed at providing compensation to victims of cyber fraud from funds recovered, seized, or detained by criminal organizations. At the international level, the order requires the Secretary of State to engage with countries that tolerate such criminal activities, potentially taking measures such as restricting foreign aid, targeted sanctions, visa restrictions, trade penalties, and expelling foreign officials involved.

Huoxun Finance News, March 7th - According to Jinshi, the deteriorating US-Iran situation and the resulting uncertainty about its future direction have led to significant market volatility this week. Recent data forces the Federal Reserve to address rising inflation and declining employment to curb the possibility of stagflation. The following are key events to watch in the coming week (all times are Beijing time): Monday 23:00, US February New York Fed 1-year inflation expectations; Wednesday 20:30, US February unadjusted CPI year-on-year rate and unadjusted core CPI year-on-year rate; US February seasonally adjusted CPI month-on-month rate and seasonally adjusted core CPI month-on-month rate; Friday... At 15:00, the UK will release its January 3-month GDP month-on-month rate, January manufacturing/industrial production month-on-month rate, and January seasonally adjusted goods trade balance. At 20:30 on Friday, the US will release its January core PCE price index year-on-year/month-on-month rate, US January personal spending month-on-month rate, US Q4 annualized real GDP quarter-on-quarter rate (revised), and US January durable goods orders month-on-month rate. At 22:00 on Friday, the US will release its January JOLTs job openings, US March 1-year inflation rate expectations (preliminary), and US March University of Michigan consumer sentiment index (preliminary). Next week, the focus will be on Wednesday's February CPI and Friday's January PCE. Stronger-than-expected core CPI and core PCE price index month-on-month rates could further support the US dollar; conversely, weak data could drag down the dollar and boost spot gold's rebound. In addition, Q4 earnings reports remain a hot topic; next week, attention will be focused on earnings reports from companies such as Oracle (ORCL.N).

According to the latest report from Jerusalem, Odaily Planet Daily, Iran launched six missile strikes at Israel between midnight and noon today. Local health authorities stated that there are no reports of casualties so far. Separately, the Israeli military announced that it launched a series of airstrikes against Tehran and central Iran from the night of the 6th to the early morning of the 7th, deploying more than 80 fighter jets and dropping 230 bombs. (CCTV International News)

According to a report by Cointelegraph on March 7, data from Allium shows that stablecoin trading volume reached $1.8 trillion in February, setting a new monthly record. USDC accounted for approximately 70% of the total trading volume, reaching $1.26 trillion, while USDT's trading volume in February was $514 billion.