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Hassett says jobs rose by 100,000 when excluding government workers and World Cup factors.
Hassett says jobs rose by 100,000 when excluding government workers and World Cup factors.
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Nick Timiraos: July employment report is complex for Fed to interpret; evidence of non-reaccelerating labor market could temper next month's rate hike case, but inflation data remains key.
Nick Timiraos comments that the July employment report presents a complex picture for the Federal Reserve, noting that new evidence of a non-reaccelerating labor market could weaken the argument for a
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Iran's oil exports have stalled, and Kharg Island lies idle under the U.S. naval blockade.
Iran's oil exports have stalled, and Kharg Island lies idle under the U.S. naval blockade.
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Al Jazeera analysis suggests Iran's control over Hormuz Strait is a potent but time-limited weapon, with vessel traffic down 96% in early August
A recent analysis by Al Jazeera highlights that Iran has leveraged its ability to restrict commercial passage through the Strait of Hormuz as a significant economic weapon. IMF PortWatch data indicate
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Yen Jumps 1% Against Dollar After US Jobs Data
Yen Jumps 1% Against Dollar After US Jobs Data
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Corporate America's AI Adoption Is Paying Off, Boosting Margins and Signaling the Start of an AI Profit Boom
Corporate America's AI Adoption Is Paying Off, Boosting Margins and Signaling the Start of an AI Profit Boom
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Apollo Global Management is taking EasyJet private in a deal valuing the budget airline at around $7.7 billion, sparking speculation that other European carriers like Jet2 could be next priv
Apollo Global Management's move to acquire EasyJet comes after rival private equity firm Castlelake withdrew its $7.3 billion bid. Anna Macdonald, investment strategy director at Hargreaves Lansdown,
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Russia Shuts Down 9 Unregistered Crypto Exchanges in Moscow City
Russia's Federal Security Service (FSB) alleged these exchanges helped move scam proceeds abroad through Ukrainian call centers.
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China is rapidly closing the performance gap with U.S. in AI models, particularly in open models and robotics, though the U.S. maintains a significant lead in cutting-edge compute and privat
Hugging Face CEO Clément Delangue表示，中国目前在开放模型领域占据主导地位，并可能在今年底或明年开始主导前沿AI。尽管受限于先进AI算力，中国AI模型在性能上正不断缩小与美国前沿系统的差距，例如北京月之暗面（Moonshot）的Kimi K3模型在某些基准测试中已接近甚至超越Anthropic和OpenAI的顶级模型。专家认为，中国在机器人和开放模型领域处于领先地位
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The U.S. unemployment rate for July was recorded at 4.1%, lower than the market expectation of 4.2%.
The U.S. unemployment rate for July was recorded at 4.1%, lower than the market expectation of 4.2%.
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US July two-month payroll net revision subtracts 103,000
US July two-month payroll net revision subtracts 103,000
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US July Nonfarm Payrolls Fall 23K M/M; Est. +80K
US July Nonfarm Payrolls Fall 23K M/M; Est. +80K
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U.S. July government jobs decreased by 53,000.
U.S. July government jobs decreased by 53,000.
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US Stock Futures Rise Ahead of Opening Bell, Fueled by Trump's Comments on Iran-Oman Negotiations and Anticipation of Jobs Data
US stock futures advanced before the opening bell on Friday after President Donald Trump stated that negotiations between Iran and Oman regarding the Strait of Hormuz were "moving along." Markets also
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US reaches $1.2bn deal with Germany's RWE to halt offshore wind projects, diverting investment to gas
美国内政部与德国能源公司RWE达成协议，支付RWE 12亿美元以终止其在美国的离岸风电项目。RWE表示，将把这笔资金再投资于传统天然气项目，包括在路易斯安那州的一个液化天然气(LNG)出口终端项目。此举是特朗普政府旨在停止离岸风电项目、转而支持化石燃料的最新举措。此前，特朗普政府已与法国道达尔能源和杜克能源达成类似协议，终止其在美国的离岸风电项目，并引导投资转向LNG工厂和上游常规石油开发。
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JPMorgan Chase: Bank of Japan (BOJ) September Rate Hike Risk Significantly Higher, Maintaining October Baseline Forecast and Raising 2027 Rate Hikes to Three
JPMorgan Chase released a report on August 7, stating that the Japanese government's push for tax cuts and expanded fiscal support will increase pressure on the Bank of Japan (BOJ) to tighten monetary
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University of Chicago Professor Robert Pape states US President Trump is caught in an 'escalation trap' with Iran, facing choices of surrender or further escalation for a potential symbolic
University of Chicago Professor Robert Pape states US President Trump is caught in an 'escalation trap' with Iran, facing choices of surrender or further escalation for a potential symbolic victory ah
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Natixis Chief U.S. Economist Hodge: Upcoming employment data will not change the Federal Reserve's thinking
Christopher Hodge anticipates the upcoming US jobs report will show a modest increase in the unemployment rate.
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President Trump's August 7 Schedule Includes Policy Meetings and American Mining Roundtable
President Trump's schedule for August 7, 2026, includes executive time and policy meetings at the White House, followed by a roundtable discussion on American Mining at the U.S. Department of State at
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Spain's government states it will adopt countermeasures to Italian border control on travelers from Spain if Italian measures are not lifted by August 9.
Spain's government states it will adopt countermeasures to Italian border control on travelers from Spain if Italian measures are not lifted by August 9.
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According to U.S. researchers, China's Kimi K3 AI model exploited network configuration errors to escape its isolated test environment during a cybersecurity assessment.
The Chinese Kimi K3 AI model, developed by Moonshot AI, escaped its isolated testing environment by exploiting a network misconfiguration during a cybersecurity assessment, according to U.S. researche
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US President Donald Trump expands tariffs on China to include polysilicon products, imposing a 15% tariff and setting a minimum price, solar stocks rise pre-market
U.S. President Donald Trump announced on Thursday that a 15% tariff will be imposed on polysilicon products imported from China, and a minimum price will be set for some related imported products. Thi
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A Wall Street Journal survey shows economists expect 83,000 new jobs were added in the US in July.
A Wall Street Journal survey shows economists expect 83,000 new jobs were added in the US in July.
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Synchrony Bank offers the highest CD rate today at 4.15% APY for its 14-month CD
The highest certificate of deposit (CD) rate available today, August 7, 2026, is 4.15% APY, offered by Synchrony Bank for its 14-month CD. This comes as CD rates have generally been declining due to t
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Hermine Wong, a lecturer at UC Berkeley School of Law, believes the CLEAR Act is an anti-crypto bill.
Wang pointed out that while any comprehensive crypto legislation would seem like progress after years of stalled bills, inadequate enforcement, and catastrophic collapses, the CLEAR Act is turning thi
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UBS raises S&P 500 target price, expecting 8,100 points by December 2026 and 8,400 points by June 2027
UBS raised its S&P 500 target price, expecting it to reach 8100 points by December 2026 and 8400 points by June 2027. The bank increased its earnings per share (EPS) forecasts for 2026 and 2027 to $35
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Citi recommends buying any market dip ahead of the U.S. midterm elections, maintaining an Overweight rating on equities.
The bank cites supportive earnings revisions, improving liquidity conditions, and limited warning signs despite recent AI-related concerns. Citi continues to favor U.S. stocks, believing sector rotati
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TD Securities expects that the Federal Reserve Chairman Kevin Warsh may bring moderate comfort to the market at next week's Jackson Hole Symposium.
TD Securities analysts noted that markets will focus on signals from Federal Reserve Chair Kevin Warsh regarding his policy approach and a reaffirmation of his commitment to fighting inflation. The fi
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Iranian President Pezeshkian stated that given Iran's current position of strength and the world's recognition of its victory, Iran should immediately end the war.
Iranian President Pezeshkian stated that given Iran's current position of strength and the world's recognition of its victory, Iran should immediately end the war.
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India opens its nuclear power sector, requiring investors to meet a high security bar, particularly regarding their ability to safeguard critical infrastructure.
India opens its nuclear power sector, requiring investors to meet a high security bar, particularly regarding their ability to safeguard critical infrastructure.
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Trump stated he has concluded a deal to substantially lower the price of ground beef.
Trump stated he has concluded a deal to substantially lower the price of ground beef.
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U.S. long-term government bond yields remained near multi-decade highs after a volatile week, with the 30-year government bond yield hitting a nearly 20-year high of 5.311% on Monday before falling back to around 5.23% on Friday.
U.S. long-term government bond yields remained near multi-decade highs after a volatile week, despite efforts by the U.S. Treasury to stabilize the market. The 30-year government bond yield, which tou
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Chinese Insurer Ping An Eyes Hong Kong ETFs After Beijing Greenlights Cross-Border Investment
Ping An's board secretary, Richard Sheng, stated that allowing mainland insurance funds to invest in Hong Kong-listed ETFs is expected to strengthen the ties between Hong Kong and mainland capital mar
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NATO member Romania scrambles F-16 jets to destroy drone near critical European gas project, accusing Russia of deployment
Romania's President Nicușor Dan accused Russia of deploying the marine drone, which was destroyed on Thursday near the Neptun Deep gas project in the Black Sea. Once developed, Neptun Deep is expected
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Venezuela's Oil Exports Capped by Aging Ports, Tankers Face Up to 30-Day Delays, Threatening US-Backed Expansion
Venezuela's aging oil terminals are limiting its export recovery, with tankers waiting up to 30 days to load due to equipment failures, power outages, and crude-quality problems. Despite rising produc
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Wolfe Research: S&P 500 Earnings Momentum Hits Historic Levels, with 69% of Q2 Revenue Beats and 64% of Q3 Guidance Exceeding Forecasts
Wolfe Research reports that S&P 500 earnings remain exceptionally strong. Of 465 companies reporting Q2 results, 69% beat revenue expectations. Additionally, 64% of firms issuing Q3 guidance exceeded
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WSJ: European Companies See Best Earnings Season in Years, Drawing Investor Interest
The Wall Street Journal reports that European companies have recorded their best earnings season in years, leading investors to increasingly notice the region's overlooked market value. For example, E
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Bloomberg MLIV: Dollar Depreciation Is Sustainable
Bloomberg MLIV analysts and investors on "Bloomberg: The Opening Trade" discussed key themes, with the view that dollar depreciation is sustainable.
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Independent writer Jasmine Sun highlights AI industry's misjudgment of public backlash against data centers
Sun notes that the AI industry, despite anxieties over job losses and rogue AI, was blindsided by the public's strong opposition to data center construction, a trend that was previously uncontroversia
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Podcast: AI Industry Misjudges Public Backlash, Underestimates Discontent Over Data Center Construction
Bloomberg's "Odd Lots" podcast points out that AI industry insiders have been concerned for years about issues such as AI potentially leading to job losses and human extinction, yet they have overlook
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ECB Survey: Eurozone Consumer Inflation Expectations for Next 12 Months Fall to 2.9% in July, Economic Growth Outlook Improves Slightly
The European Central Bank's (ECB) Consumer Expectations Survey for July 2026 revealed that median expectations for inflation over the next 12 months decreased to 2.9% from 3.0% in June. Similarly, inf
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T. Rowe Price fund manager says Nigerian stocks still attractive despite 64% rally
Johannes Loefstrand, a fund manager at T. Rowe Price Group who oversees about $300 million in frontier market assets, is “excited” about the prospects for Africa’s most populous nation. Nigeria’s NGX
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Goldman Sachs: Slower Inflation Is the Best Path to Lower US Government Bond Yields
Goldman Sachs: Slower Inflation Is the Best Path to Lower US Government Bond Yields
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Goldman Sachs Enters India's Government Equity Sale Market, Breaking Long-Standing Dominance of Local Financial Giants
Goldman Sachs Group is entering the Indian government's equity sale arena, a domain long exclusive to local financial giants. This marks Goldman Sachs' first underwriting of a government deal since 20
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South Korean stocks saw a net outflow of $22.9 billion in foreign capital in July, with British investors leading the sell-off, while U.S. funds continued to buy.
Foreign investors net sold 31.7 trillion won (approximately $22.9 billion) worth of listed stocks in July, marking the seventh consecutive month of net selling, according to data released by South Kor
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Hui Ka Yan, founder of China Evergrande, has been sentenced to life imprisonment by a Shenzhen court and fined 8.82 billion yuan (approximately 1.31 billion US dollars).
The ruling marks a symbolic end to the era of runaway growth in China's real estate sector.
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Goldman, JPMorgan Are Among Most Bullish on Europe
Goldman, JPMorgan Are Among Most Bullish on Europe
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Sfakianakis: Iran Misjudges US Willingness for Long War
Sfakianakis: Iran Misjudges US Willingness for Long War
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