US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait
NEW YORK (AP) — Stocks rose on Wall Street Friday and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month. Every major index notched a second straight week of gains, which included several fresh records. It marks a strong start to August following several weak months. The S&P 500 rose 47. 68 points, or 0. 6%, to 7,757. 64. That topped the all-time high it set on Tuesday. The benchmark index has been on a record run throughout the year. 83...
Read MoreFri, 07 Aug 2026
- US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait
- Georgia woman says she was wrongly diagnosed with cancer and had hysterectomy due to labeling error
- Army opens test ranges to small companies to try to get weapons quicker to the battlefield
- FAA orders crack inspections for hundreds of Boeing 737 Max jets
- US job market stalled in July as employers cut 23,000 jobs, delivering political setback to Trump
- A Russian retail giants warehouse burns after Ukraines latest long-range drone attack
- Some US adults are using AI for financial guidance but few trust it, Gallup poll finds
- Chinas exports slow slightly in July despite robust demand for high-tech products
- Europe heat wave puts all major Italian cities on red alert as Austria sets heat record
- Court orders Instagram and Facebooks Meta to pay $567M to address kids mental health online
- China cant get enough of this smelly fruit as farmers fight extreme weather to feed the craving
Thu, 06 Aug 2026
- Union representing IRS workers asks judge to block Trump tax audit immunity deal
- Meta says its AI model hacked another company, adding to worries about bots going rogue
- US stocks edge lower as oil prices rise and more earnings reports roll in
- Carney says US trade talks are nasty after Trump criticizes Canadas leadership
- Trump administrations latest buyback of offshore wind leases brings total to nearly $4 billion
- In a post-pandemic world, job candidates feel caught between suits and hoodies
- SpaceX shares rise even as company insiders get a chance to sell for the first time
- UK wont intervene in Paramounts $81 billion takeover of Warner Bros. Discovery
- US filings for jobless benefits rise to 199,000 last week, but layoffs remain historically low
- How extreme heat is changing Americans lives, according to a new AP-NORC poll
- New kind of flu shot is on the way as the FDA approves Modernas mRNA-based vaccine
- One Tech Tip: Using your smartphone to capture the August total solar eclipse over Europe
- Police raid Starbucks South Korean HQ over ad campaign that evoked massacre
- Federal judge lets Utah enforce its anti-gambling laws on the prediction market Kalshi
- US suspends avocado inspections in Mexican state of Michoacan due to threat
Wed, 05 Aug 2026
- US stocks hold near records on hopes of an agreement with Iran
- Appeals court says fishermens claim in lobster defamation suit raises First Amendment questions
- Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back down
- Crews remove the granite seal on the White House helipad, signaling potential project delays
- Video game giant Electronic Arts closes $55 billion go-private sale of its business
- Disneys strong quarter driven by Toy Story 5 and the draw of its US theme parks
- The best SUVs for towing in 2026, according to Edmunds
- Rising temperatures could keep more flights from taking off on time
- China announces countermeasures against Washington, including controls on drone exports to the US
- Australian airline Jetstar will charge passengers to use the overhead lockers for their bags
Tue, 04 Aug 2026
- SpaceX posts loss in first report as a public company but less than expected
- Chipotle pulls jalapeos from some restaurants as health officials investigate salmonella outbreak
- US stocks hit records as profits keep piling up for Palantir and others, while oil prices ease
- Utilitys idle transmission tower caused 2025 Eaton fire that killed 19, Los Angeles officials say
- Big oil companies continue to post banner profits as fighting in Iran drives prices higher
- US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran
- McDonalds posts strong second quarter profit, names new leader for US market
- Japans Toyota reports hefty profit on cheap yen and solid car sales
- 3 tricky decisions for every retirement plan
Mon, 03 Aug 2026
- 25 states sue over Trumps new tariffs, calling them pretext to replace his old ones
- WestJet reaches tentative deal with flight attendants after strike snarled weekend traffic
- Trump accounts were closed in 2021 due to concerns over possible money laundering, Capital One says
- As Blanches path to confirmation is cleared, Trumps tax audit immunity remains in place
- US stocks rally near a record as falling oil prices ease Wall Streets worries about inflation
- FAA certifies Boeings new 737 Max 7 jetliner for flight after years of delays
- US companies are stepping up to cut reliance on China for critical minerals used in key weapons
- Record low Danube levels push some countries in Eastern Europe to the brink of energy emergency
- Spider-Man: Brand New Day beats Avengers: Endgame box office record
- Trump overhaul could gut Head Start preschool standards, leaving states to set the rules
- US dollar weakens sharply against the Japanese yen after market interventions
- Cyberattack hits Liechtensteins register of people behind companies and foundations
Sun, 02 Aug 2026
- Oil prices drop after Trump orders US forces to hold off on new strikes against Iran
- Flight attendants at Canadas WestJet go on strike in dispute over pay
Sat, 01 Aug 2026
- FBI investigates as Michigan joins Minnesota in reporting cyberattacks on its water systems
- Michigan Supreme Court rejects permit for Enbridge oil pipeline under Great Lakes
- Trump stands to profit off US policy announcements by selling fast access to his social media posts
- Trump wanted interest rate cuts to be Rocket Fuel for the economy. He is losing that fight so far
----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright © 1996 - 2026 CoreComm Internet Services, Inc. All Rights Reserved. | View our Privacy Policy
CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.