S&P 500 futures fall after August jobs data
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U.S. diesel prices soar to an all-time record high
Diesel hit a new record price in the U.S., soaring to an average of $5.85 a gallon for the first time ever as the six-month war with Iran disrupts the world's flow of fuel.
The U.S. added 162,000 jobs in August, the Labor Department said Friday, well ahead of expectations
The unemployment rate stayed at 4.1%, in line with expectations.
ST Explains: What are pyramid schemes and how are they dealt with in Singapore and China?
Pyramid selling is illegal in Singapore, carrying a maximum penalty of a S$200,000 fine and five years in jail.
- Pyramid schemes promise multiple returns for each new recruit
- Singapore's Multi-level Marketing and Pyramid Selling Act bans them
- Chinese authorities impose severe penalties for pyramid schemes
A New Report Suggests September Is the Worst Month to Buy Stocks. History Offers a Clear Answer for How to Handle This
Key PointsThe reasons for the "September Effect" are not entirely clear.