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US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve’s willingness to raise interest rates.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
August 7th, 2026 | Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news…
The US job market weakened in July contrary to expectations. Companies created 23,000 fewer jobs. This is likely to have an impact on interest rate expectations.
This ends 24 years of protection from imports of cheaper sugar from the economic bloc.
U.S. and Japanese officials have warned investors they're determined to keep defending the yen if needed.
The yen surged against the dollar after US jobs data, after earlier speculation in markets that authorities could intervene again on the currency.
