Wall Street reels from a weak August jobs report, with S&P 500 and Nasdaq showing volatile swings amid hopes for Fed rate cuts. Energy and tech sectors lead moves, while inflation and trade tensions keep investors cautious.
Family members of Robert F. Kennedy Jr. publicly call for his resignation as Health Secretary, citing threats to public health amid congressional scrutiny.
$3.5 billion – EU fine imposed on Google for adtech antitrust abuse.
President Trump shortlists three candidates for Federal Reserve Chair following recent policy criticisms and economic uncertainty.
Mortgage rates hit lowest point in 11 months as bond yields drop on weak jobs data, amplifying speculation of Federal Reserve rate cuts.
Robinhood Joins S&P 500, Marking Retail Fintech Surge
Trading app Robinhood’s inclusion in the S&P 500 signals growing institutional acceptance and marks a milestone for US fintech innovation.
More on finance.yahoo.com
OPEC+ countries prepare to boost oil output from October amid global energy market adjustments.
Robinhood gains inclusion in the S&P 500, signaling growing acceptance of retail fintech players on Wall Street.
August Jobs Report Disappoints, Signals Cooling Economy
US job growth nearly stalls with only 22,000 additions in August, igniting recession fears and undermining presidential economic promises.
More on msnbc.com
Microsoft reports disruptions to its Azure cloud services due to multiple cable cuts in the Red Sea, impacting global users.
Trump administration faces criticism for immigration raids detaining hundreds of South Korean workers at a Hyundai plant, causing diplomatic tensions.
Trump administration renames Department of Defense to Department of War and offers tariff exemptions to countries with US trade deals.
European Union fines Google nearly $3.5 billion for antitrust violations in digital advertising, prompting threats of US trade retaliation from President Trump.
August US jobs report falls short with minimal growth, heightening fears of economic slowdown and challenging Trump’s economic promises.
The Fed must change course to address its perverse incentives and class disparities.
— US Treasury Secretary Scott Bessent
Tesla board proposes an unprecedented $1 trillion pay package for Elon Musk, raising questions about the scale and feasibility of incentives.
US Department of Health and Human Services report expected to link Tylenol use during pregnancy to autism, causing share price dips for the maker Kenvue.
Federal court orders Trump administration to release billions in frozen foreign aid, blocking unilateral budget moves by White House.
South Korean government reacts strongly to mass arrests during US immigration raid at Hyundai-LG battery plant in Georgia, escalating diplomatic dispute.
US President Trump signs executive order renaming Department of Defense as Department of War, signaling a shift in defense policy branding.
Goldman Sachs revises S&P 500 target upward, anticipating Federal Reserve rate cuts to support market gains in 2026.
Ukraine President Zelensky reports increased drone attacks from Russia, highlighting intensifying conflict dynamics.
OpenAI raises cash burn forecast to $115 billion through 2029 amid continued heavy investment in AI development.
President Trump threatens retaliation and trade actions following European Union’s record antitrust fine against Google.