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. The S&P 500 rose 0. 5% and is hovering around the record it set on Tuesday. The Dow Jones Industrial Average rose 80 points, or 0. 2%, as of 2:04 p. m. Eastern time. The Nasdaq composite rose 1%. Every major index is on track for weekly gains. Technology stocks, with their big market values, did much of the heavy lifting for the They...
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
Fri, 31 Jul 2026
- US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
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