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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The selling on Wall Street continued Friday, with the tech-heavy Nasdaq sinking further into correction territory. In an overlooked glimmer of hope, the latest jobs report was not as bad as anticipated. The U.S. economy added 151,000 nonfarm payrolls versus the 160,000 expected. Hourly earnings were also “really terrific,” Jim Cramer said during the Morning Meeting. “We had a jobs number that I thought was about as perfect as you can get. There’s no…

A hiring sign is displayed in the window of a Chipotle on August 22, 2024 in Alexandria, Virginia. Anna Rose Layden | Getty ImagesThe unemployment rate among Black men saw a significant improvement in February – even as the rate ticked higher for U.S. workers in general.The overall unemployment rate edged higher last month to 4.1% from 4% in January, according to the U.S. Bureau of Labor Statistics report on Friday. Nonfarm payrolls growth also came out underwhelming, according to the data.To be sure, the unemployment data for February comes amid a push from President Donald Trump and Elon Musk’s Department…

Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy Forum in New York, US, on Friday, March 7, 2025. Yuki Iwamura | Bloomberg | Getty ImagesNEW YORK — Federal Reserve Chairman Jerome Powell said Friday that the central bank can wait to see how President Donald Trump’s aggressive policy actions play out before it moves again on interest rates.With markets nervous over Trump’s proposals for tariffs and other issues, Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy amid the high level of uncertainty.The…

The Competition Commission of Pakistan (CCP) has granted approval to M/s Bazaar Technologies (Private) Limited for the acquisition of 100% shareholding in Wemsol (Private) Limited, a statement said on Friday. Bazaar Technologies operates in the e-commerce sector, whereas Wemsol provides POS and EMI services. Wemsol operates Keenu, a Pakistani fintech that offers digital payment services to consumers and businesses. Keenu offers a digital wallet app that allows users to make payments, send money, and split bills. The application for pre-merger clearance was submitted by Bazaar Technologies in accordance with the Competition Act, 2010. “The acquisition will be executed either directly…

The euro rose in European trade on Friday against a basket of major rivals, resuming gains against the dollar and trading near four-month highs, and about to mark the biggest weekly profit in 16 years.    The recently announced massive German stimulus plans accelerated inflation forecasts in the eurozone, which might prompt the ECB to tighten its monetary policies once more.    The European Central Bank voted on Thursday to cut interest rates to December 2022 lows, the fifth such cut in a row, with the bank expecting a pause in the cycle of rate cuts in April.   The…

Wall Street’s main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report and awaited comments from Federal Reserve Chair Jerome Powell for clues on the health of the U.S. economy. At 09:51 a.m. ET the Dow Jones Industrial Average rose 124.23 points, or 0.29%, to 42,703.31, the S&P 500 gained 24.38 points, or 0.46%, to 5,764.57 and the Nasdaq Composite gained 120.10 points, or 0.66%, to 18,186.29. Energy led sectoral gains on the S&P 500 with a 1.8% rise, tracking a 2% increase in oil prices. Nasdaq component Broadcom…

Getty Images | CNBC | Getty ImagesFebruary marked another strong month for health care despite job growth overall coming in weaker than expected but stable.Last month, health care and social assistance led the way for job creation, adding 63,100 jobs, according to the latest data from the Bureau of Labor Statistics. That marked the fifth straight month that the category saw the largest gains.When including private education in the group, like some economists do, that figure grows to 73,000 jobs.Although this is another strong performance for health care, Julia Pollak of ZipRecruiter noted that this level of gains has basically…

Pakistan’s chief crypto advisor Bilal bin Saqib has said that the Pakistan Crypto Council recognises the country’s strong position as one of the top 10 nations globally in crypto adoption and that the council will work to recognise crypto as a strategic asset. As Pakistan moves toward formalising its stance on cryptocurrency, the government on Wednesday announced the appointment of Bilal bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council. Bilal’s appointment “marks a significant step forward in Pakistan’s commitment to embracing the transformative potential of digital currencies, ensuring financial security, mitigating risks, and…

UAE leadership views women as essential partners in addressing challenges and driving comprehensive development The United Arab Emirates (UAE) is set to commemorate International Women’s Day tomorrow, observed on March 8 of each year, as the nation forges ahead in its mission of empowering Emirati women at “full speed.” This commitment has led to remarkable milestones that significantly enhance the sustainable development trajectory of the country.Women’s issues remain a central focus in the vision of the UAE’s leadership, which recognizes women as vital and influential partners in tackling challenges and fostering comprehensive development.Emirati women’s contributions to achievementsEmirati women have been…

The euro rose in European trade on Friday against a basket of major rivals, resuming gains against the dollar and trading near four-month highs, and about to mark the biggest weekly profit in 16 years.    The recently announced massive German stimulus plans accelerated inflation forecasts in the eurozone, which might prompt the ECB to tighten its monetary policies once more.    The European Central Bank voted on Thursday to cut interest rates to December 2022 lows, the fifth such cut in a row, with the bank expecting a pause in the cycle of rate cuts in April.   The…