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Trump threatens trade halt to force Fed rate cuts
President Donald Trump intensified pressure on the Federal Reserve to cut interest rates, threatening to halt trade with countries that run surpluses with the U.S. unless rates are lowered.
Bitcoin Slides as Blowout Jobs Report Revives Fed Hike Odds
August's blowout jobs report—162,000 positions added, nearly triple forecasts—revived Fed rate-hike odds to 58% and pushed Bitcoin below $80,000, dragging gold and equities lower alongside it.
2-year yield rises to highest since January 2025 after hot jobs report boosts expectations that the Fed could raise rates
Treasury yields jumped Friday after August payrolls of 162,000 blew past the 53,000 consensus, sending the 2-year yield to its highest since January 2025 and lifting Fed rate-hike odds for September t
Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.
The Federal Reserve Board on Friday announced it has terminated enforcement actions against United Texas Bank and two Quontic Bank corporate entities, lifting orders dating to 2023 and 2024.
U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%
U.S. employers added a stronger-than-expected 162,000 jobs in August while unemployment held at 4.1%, reviving rate-hike odds at the Fed's September meeting despite Trump demanding cuts.
Dow futures fall after much stronger-than-expected jobs report: Live updates - CNBC
U.S. employers added 162,000 jobs in August — more than double expectations — and the stronger-than-expected print immediately dragged stock futures and refocused markets on inflation.
Lululemon stock plunges 20% as outlook cut deepens
Lululemon shares cratered 20% in premarket trading after the apparel retailer posted a 4% Q2 revenue decline, cut its full-year outlook for the second consecutive quarter, and acknowledged persistent
UK minister urges food stockpiling ahead of 'largest ever' El Niño
UK Environment Secretary Dame Angela Eagle is urging households to stockpile food in preparation for what she calls the largest El Niño event on record, as a National Audit Office report warns the gov
U.S. nonfarm payrolls surge in August; unemployment rate holds at 4.1%
U.S. employers added 162,000 jobs in August, nearly tripling forecasts, while unemployment held at 4.1%, giving the Fed fresh cover to consider a rate hike at its September 15-16 meeting despite pre-r
The AI boom just blew a hole in Trump’s trade war
The US trade deficit surged to $88.6 billion in July — its widest since March 2025 — driven by a spike in AI-related semiconductor and tech hardware imports, not by a collapse in American competitiven
Global Bond Rout Pushes Yields to Multi-Year Highs
Global government bonds sold off sharply this week, pushing 10-year yields to multi-year or multi-decade highs across the US, UK, Japan, and Germany as investors warned that structural shifts in trade
Asia Stocks Climb as Fed Hike Bets Ease; Tech Leads
Asian stocks climbed Friday as Fed Governor Waller's dovish comments cut September rate-hike odds, sparking a tech-led regional rally while investors awaited US jobs data and watched oil prices surge
Lululemon cuts revenue forecast for second time in months as outlook deteriorates
Lululemon cut its full-year revenue forecast for the second time in three months, now projecting a 5-7% decline, as weak demand in North America and China and fading leggings sales sent shares tumblin
Zscaler stock soars on earnings beat, upbeat guidance
Zscaler shares jumped after the cloud security company topped Wall Street's fiscal fourth-quarter estimates and issued upbeat guidance, fueled by what CEO Jay Chaudhry called surging demand for AI-foc
The big August jobs report is due out Friday. Here's what to expect for what has been a jobless summer
The August jobs report due Friday is expected to show 53,000 nonfarm payroll gains per Dow Jones consensus, keeping unemployment at 4.1% and capping a 'jobless summer' in which Fed officials have grow
Options volume erupts in retail trading favorites as Robinhood, Tesla surge
Options volume surged Thursday in retail trading favorites Robinhood, Tesla, SpaceX, and Palantir, with traders buying calls at roughly twice the rate of puts as the VIX sat below 15 and implied volat
Vance urges Fed rate cuts, days after Warsh hints at hike
Vice President JD Vance publicly urged the Federal Reserve to cut interest rates to make homes more affordable, adding to President Trump's pressure on the central bank just two weeks before the FOMC'
Bitcoin Pumps as Fed Signals Rate Pause, $415 Million in Shorts Get Rekt
Bitcoin reclaimed $80,000 after Fed Governor Christopher Waller signaled support for holding rates steady, triggering a short squeeze that liquidated over $415 million in crypto short positions as sto
Fed Rate-Hike Odds Return to a Coin Flip
Waller and Williams undercut the market's post-Jackson Hole expectation of a September Fed rate hike, leaving the Sept. 16 decision roughly even and dependent on upcoming jobs and inflation data.
Nvidia buys Hugging Face for $12.9B
Nvidia will pay $12.93 billion to acquire Hugging Face, the AI model platform used by more than 18 million developers, marking the chipmaker's biggest push into AI software while pledging the platform
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