The U.S. in 2025 imported a record 84.26% of its oil from within the Western Hemisphere, the ninth consecutive year of market-share increase. Canada led the way.
BUSINESS
Why one of the year’s surprising hot trades has quickly gone off the rails
Investors are habituated to buying into weakness caused by geopolitical tumult but JPMorgan warns it may be a bit early to jump back on board Europe.
Bitcoin jumps above $71,000, building on its resilience to Middle East conflict
Bitcoin climbed above $71,000, gaining more than 6 percent in 24 hours and leading broad advances in major cryptocurrencies.
Macy’s is selling a $60 3-piece quilt set for just $13 during a limited-time Last Act deal
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealIf you’re on the hunt for some new and affordable spring bedding, Macy’s is the place to shop, especially during its latest sale. From now until Monday, Mar. 9, the retailer is knocking down the price of select bed and bath items by 25%, and the discount is automatically applied to your cart. Did we mention that these are already Last Act deals with major price cuts? That means you get double discounts and brand new bedding for a fraction of the price of its original cost.The Seventh Studio Cable-Knit 3-Piece Quilt Set caught our attention, as quilts are perfect for spring weather. The queen-size three-piece set was $60, but thanks to the sale on sale, you can get it for just $13. That’s quite the steal for a “soft” and “lightweight” set you can use not just during the spring, but all year long.Seventh Studio Cable-Knit 3-Piece Quilt Set, $13 (was $60) at Macy’s
Courtesy of Macy
Why do shoppers love it?This spring-ready quilt is just what you need to manage the transition from winter. It comes with three pieces, including a quilt and two matching standard shams. The queen-size quilt measures 90 inches by 90 inches, and each sham measures 21 inches by 27 inches. It has a classic quilt look and feel with a cable-knit-inspired braided pattern that gives it a lovely texture on one side. On the other side, there’s a solid surface that makes the set even more versatile.Made from polyester with polyester fill, the quilt set is lightweight and perfect for spring weather, if not all seasons. It’s also great for hot sleepers, as it’s not as stifling and doesn’t trap heat like thick and heavy-duty comforters. Since the set is pre-washed, it’s designed to be extra soft.The set is available in three sizes: twin, full/queen, and king. For colors, you can get the set in either red or green. The red color is available in all three sizes; however, the green is only available in twin. With a sale price like this, we wouldn’t be surprised if the red sells out quickly, too.Related: Coach Outlet’s new Powder Pink collection starts at just $35Details to knowSizes: Twin, full/queen, and king.Colors: Red and green.Material: Polyester.Macy’s shoppers love the design and feel of this quilt set, saying the colors are vibrant and it has a great weight to it. “It’s light and versatile,” one reviewer said. “Great for layering on a bed or used alone as a light comforter.”Another customer said it holds up well in the wash. They added that they like the quilt’s stitching, saying it has a sparkle to it that looks sophisticated paired with the color on the bed.Shop more dealsSunham Veronica Botanical 3-Piece Comforter Set, $18 (was $80) at Macy’sVcny Home 3-Piece Quilt, $19 at AmazonWhale Flotilla 3-Piece Quilt Set, $18 (was $55) at WalmartThe Seventh Studio Cable-Knit 3-Piece Quilt Set is just $13, but only for a limited time; that is, unless it sells out first.
Regulators Banning AI From Providing Mental Health Advice Could Spur Society Into A Massive Cognitive Withdrawal
Some regulators believe that there should be an outright ban on AI giving out mental health advice. A gotcha is that people already rely on AI. An AI Insider analysis.
What Blind Achievers Teach About Building Meaning In Uncertain Times
Blind leaders who lost their sight share how they rebuilt purpose after disruption and what their resilience teaches about meaning in uncertain times.
Ray Dalio says ‘there is only one gold’ as bitcoin outperforms gold during worst geopolitical crisis in years
The Bridgewater founder dismissed bitcoin’s safe-haven credentials on the same day gold dropped 3% while bitcoin fell less than 1%.
Philippine Tycoon Tony Tan Caktiong’s Jollibee-Backed Highlands Coffee Mulls Vietnam IPO
The proposed listing of Highlands Coffee comes as Jollibee Foods is looking to separately listing its international businesses in the U.S. by next year.
Stock Market Today, Mar. 4: Panic continues in Asian markets as Iran conflict boils
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here.Happy Wednesday. This is TheStreet’s Stock Market Today for Mar. 4, 2026. You can follow the latest updates on the market here in our daily live blog.Update: 12:54 a.m. ETA.M. Update: More trouble in AsiaGood morning. Escorts and the promise of insurance from the U.S. might be enough to convince oil tankers to try its hand at passing through the tense Strait of Hormuz, but none of it is necessarily a guarantee that energy products arrive intact. And tonight, that’s proving to be a problem for Asian markets, which count themselves reliant on that key crossing.South Korea’s KOSPI once again is saddling the steepest decline in Asia, with circuit breakers stopping trading earlier today. The index is now near day lows, down nearly 11.5%, making it the worst two-day stretch for the country’s market since 2008. The Korean won also hit a 17-year low amid worries that the country, which relies on imports from the Middle East to meet its energy needs, will be affected by the ongoing conflict in Iran. Other countries across Asia are facing a similar cascade, including Thailand, which saw its stock market halted after an 8% decline. More tepid declines in Taiwan’s TAIEX (-4.35%) and Japan’s Nikkei 225 (-3.68%) are also playing out, while India’s NIFTY 50 (-2%) is registering declines as the rupee hit a record low. And as a new day dawns in Europe, the Stoxx 600 looks like it might soon be sharing in those declines, based on futures data. In a short few hours, the U.S. markets might follow suit as this week’s declines continue to play out. At last glance, S&P 500futures were about half a percentage point lower; the Russell 2000 futures were closer to a one percent decline.That said, here is what will be on the docket for today:Earnings Today: Broadcom, Veeva, Brown-FormanThough the Iran situation is front and center, there are still dozens of reports rounding out the latest quarter. Here are the biggest reports slated for today:
Economic Data Today: ISM Services PMI, ADP Employment, EIA Crude Oil StocksHere are today’s big economic data reports today, which will be anchored by February’s ISM Services PMI and ADP Employment Change data.
Over a billion flows into bitcoin ETFs, yet the price isn’t rising — an analyst explains why
Bitfinex analyst argue that ETF inflows can be misread as immediate spot demand.