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The Jobs Report Surprised To The Downside. Bets That The Fed Won’t Hike Rates In September Are Up
Traders increased their bets that the Federal Reserve won't hike interest rates in September following a weak jobs report.According to the CME Group's FedWatch gauge of futures prices, odds...
An Announcement To Reopen The Strait Of Hormuz Remains Elusive. Traffic Is Down To a Trickle
Traffick through the Strait of Hormuz has slowed down to a trickle as an announcement to reopen the waterway remains elusive even though parties say it is close.Only two...
Trump And Warsh Reportedly Held Multiple Calls Over The Past Weeks, Renewing Scrutiny Over Fed Independence
President Donald Trump has held multiple phone conversations with Federal Reserve Chair Kevin Warsh since the latter took office in May, according to a new report.The conversations, detailed by...
AI Created Fake Identities To Approve Malicious Code, New Report Shows, As Evidence Of Unpredictable AI Mounts
AI agents created fake identities and attempted to trick real people into approving malicious code in an attempted supply-chain attack on real open-source software.The attack was discovered and, as...
Trump’s Deportation Plan Has an Estimated Price: More Than $2,300 Per Taxpayer
American taxpayers could end up paying thousands of dollars per person to finance the Trump administration's mass deportation campaign, according to a new report.The estimate comes from a newly...
Employers Are Hiring Less, But Key Industries Are Paying More to Keep Talent Amid Shortages
Private-sector hiring cooled sharply in July, but employers are still paying more to attract and retain workers, highlighting a labor market that remains tighter than headline job numbers suggest.Private...
Medium CEO Tony Stubblebine on Why AI Could Kill the Creator Economy
Tony Stubblebine is only the second CEO in Medium's history, and he did not arrive with a soft touch.Before running one of the internet's largest writing platforms, he was...
HYPE Was Crypto’s Best Altcoin, Now It’s Dying
Hyperliquid's HYPE token trades around $55 on August 7, up roughly 5% on the day but a long way below the $76.81 all-time high it printed back in June.The...
Stocks Fall And Oil Jumps As Investors Assess Negotiations To Reopen The Hormuz Strait
Stocks fell and oil rose on Thursday as investors assess negotiations to reopen the Strait of Hormuz.The S&P 500 dropped 0.18%, while the tech-heavy Nasdaq Composite fell 0.06%. The...
OpenAI Reveals AI Agents Turned on Its Own Testing Environment Before Hacking Hugging Face
OpenAI has disclosed that its experimental artificial intelligence agents compromised the company's own testing infrastructure weeks before they were involved in the widely reported breach of Hugging Face.The revelation...
Bitcoin Stays Above $64,000 As A Huge SpaceX Stock Unlock Begins. Markets Watch The Development Closely
Bitcoin held above the $64,000 mark on Thursday, extending its recovery from an early-week decline as investors balanced improving technical momentum against weakness in global technology stocks and a...
