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Private Payrolls Grow at Slowest Pace Since January as Hiring Narrows to Few Sectors

Private US companies added jobs at a slightly slower-than-expected pace in August, with gains concentrated heavily in healthcare and a few other industries, according to ADP's National Employment Report released Wednesday. The payrolls processing firm said employers added 38,000 workers for the month, fewer …

Nitish Kishor | 02 September 2026

US and Iran Trade Biggest Strikes Since July as Wedding Attack Draws International Concern

Iranians and their Arab neighbors were plunged back into open conflict on Wednesday in the biggest exchange of fire between Tehran and Washington since July, with US forces striking Iran's southern coast and Iran firing at American-linked bases across the region. The United States …

Nitish Kishor | 02 September 2026

Tesla Prepares Cybercab Launch in Austin Amid Regulatory and Safety Scrutiny

Tesla is set to hold an event for its purpose-built robotaxi, the Cybercab, in Austin, Texas, on Thursday, amid considerable anticipation as well as lingering questions about regulatory hurdles and the safety of the underlying technology. The Cybercab is a two-seater with butterfly doors …

Nitish Kishor | 02 September 2026

Japan's Rising Bond Yields Are Quietly Redrawing the Map of Global Capital

For decades, Japanese savers and institutions sent a steady stream of capital abroad in search of yield, making Japan the largest foreign holder of US Treasuries and a dependable buyer of government debt from Washington to Canberra. That pattern is now showing signs of …

Nitish Kishor | 02 September 2026

US Treasury Yields Climb as Inflation Fears Deepen Amid Middle East Escalation

US Treasury yields were broadly higher on Wednesday as inflation andDebtconcerns pressured government borrowing costs worldwide. The yield on the 10-year Treasury note, the main benchmark for mortgages, auto loans, andCreditcard debt, rose 1 basis point to 4.81%, after touching an intraday high of …

Nitish Kishor | 02 September 2026

Stronger Australian GDP Data Lifts RBA Hike Odds as Bond Yields Hit 15-Year High

Australia's economic growth beat expectations in the second quarter, expanding 2.1% year-on-year, according to data released Wednesday by the Australian Bureau of Statistics. Economists polled by Reuters had estimated growth of 1.8%, while the economy had expanded 2.5% in the prior quarter. On a …

Nitish Kishor | 02 September 2026

Natural Disasters Set to Cost the World $450 Billion a Year as Insurance Coverage Shrinks

Natural catastrophes are expected to cost the world $450 billion in a typical year, according to a new forecast, with less than half of those losses covered by insurance. As much as 62% of global losses from natural disasters are uninsured, according to new …

Vinay Lochav | 01 September 2026

Trump Summons US Refiners to White House as Iran War Pushes Fuel Prices Higher

President Trump has summoned major oil companies to the White House for a meeting to discuss high petrol and diesel prices, triggered by his war in Iran, asInflationcontinues to weigh on households across the US ahead of the midterm elections. Several of the country's …

Vinay Lochav | 01 September 2026

Eurozone Inflation Jumps to 3.3% in August, Cementing Case for ECB Rate Hike

Eurozone inflation accelerated to 3.3% in August, its highest level in nearly three years, as the European Central Bank prepares to raise interest rates again to contain price pressures stemming from the war in Iran. Tuesday's flash estimate from Eurostat came in line with …

Vinay Lochav | 01 September 2026

S&P Global Survey Shows US Manufacturing Growth Cooling as Supply Issues Persist

US manufacturing operating conditions improved solidly again in August, according to the latest PMI data from S&P Global. The headline seasonally adjusted S&P Global US Manufacturing Purchasing Managers'indexwas unchanged at 53.9 in August, signaling a twelfth consecutive month of solid expansion in the manufacturing …

Vinay Lochav | 01 September 2026
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