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(Bloomberg) -- US Treasuries rallied after an unexpectedly weak July employment report prompted traders to further dial back expectations for Federal Reserve interest-rate hikes, cementing the biggest weekly gain in short-term maturities since May. Two-year yields, which are most

The billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company's CEO after its earnings miss this week. Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets it

The "SaaSpocalypse" was raging this week. Then it got a reprieve. The pennies-on-the-dollar acquisition of one-time highflyer Airtable, followed by plunges in HubSpot, Datadog and Figma on earnings reports, all served to underscore investor concerns that artificial intelligence m

The "SaaSpocalypse" was raging this week. Then it got a reprieve. The pennies-on-the-dollar acquisition of one-time highflyer Airtable, followed by plunges in HubSpot, Datadog and Figma on earnings reports, all served to underscore investor concerns that artificial intelligence m

Previously reported job gains for the prior two months were also revised sharply lower, while the unemployment rate fell to 4.1% last month from 4.2% in June due to workers leaving the labor force. Market expectations for a rate hike from the Fed at its next meeting dropped to ab

Are target date funds aggressive enough to give Americans retirement savings that last their lifetimes The popular default investments may need to be more aggressive in order to fund decades of retirement As Americans live longer, are their investments keeping up with their lifes

It took long enough, but now LA rapper Fenix Flexin appears to have admitted using AI for the 80s synth pop-themed song “Rubberz.” His comments follow the producer Medasin’s videos claiming that an AI tool called Treblo (formerly Sonauto) was used to make the song, and the compan

AI - AI and ML OpenAI pledges to add Astra security as Anthropic loosens Fable's leashOr how I learned to stop worrying and love dangerous AI - AI and ML AI titans to tidy

A New Mexico judge yesterday ordered Meta to pay $567 million for a fund that would alleviate the “public nuisance” created by its social media services. The order to pay for youth mental health care is in addition to $375 million in civil penalties that a jury ordered Meta to pa

The News MORGAN, Minn. — Rep. Angie Craig is trying a familiar tactic in her Senate Democratic primary battle against Lt. Gov. Peggy Flanagan: warning that her more progressive rival is far more vulnerable than her to Republican attacks. Craig has used the closing days of their n

Omnichannel medical apparel brand Knya saw its profit after tax (PAT) more than triple to ₹10 Cr in the fiscal year 2025-26 (FY26) from ₹3 Cr a fiscal earlier. This profit surge came on the back of the startup expanding its omnichannel presence. Speaking with Inc42, Knya cofounde

* September Fed hike odds fall to 44% from 55% after jobs data * July payrolls fall by 23,000 jobs versus economists' forecast for 80,000 job gains * Treasury to sell $125 billion in coupon-bearing debt next week (Updated in New York afternoon time) By Karen Brettell NEW YORK, Au

With Taalas, AMD Can Bake AI Inference Directly Into Its Chippery Jensen Huang, the chief executive officer and co-founder of Nvidia, let the cat out of the bag back at GTC 2026 in March that if hyperscalers, cloud builders, AI model builders, and other enterprises as well as sov

The Senate on Friday overwhelmingly approved a Russia sanctions bill that was long championed by the late Sen. Lindsey Graham, R-S.C., before his death last month. The legislation, named the The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, aims to hurt Russia's war

The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, com

Off the Wire Press Releases Aug. 7, 2026 — Scientists at the Department of Energy’s Oak Ridge National Laboratory created a platform that pinpoints genetic triggers that turn microbes into efficient factories for new chemicals and materials. The method enables rapid, precise repr

Why IPv6 Is the Non-Negotiable Foundation for AI-Agentic Systems IPv6 is the essential foundation for AI, edge computing, and next-gen networks, addressing IPv4’s limitations and strategic risks. August 7, 2026 Despite 15-20 years of industry awareness about IPv4 exhaustion, full

* US July nonfarm payrolls -23,000 vs 80,000 estimate * US rate futures cut chances of September rate hike * Silver, platinum and palladium head for weekly gains By Sukanya Mitra and Swati Verma Aug 7 - Gold surged on Friday, hitting its highest in seven weeks, after an unexpecte

A walk down the tarmac at the National Air and Space Museum of France is guaranteed to thrill aviation enthusiasts. Several civilian and military aircraft of the past and the present are showcased in this museum, located at the Paris-Le Bourget airport. One of them is the legenda

There is a new push in the industry, not just for capacity, but also for higher-performance NVMe SSDs. With PCIe Gen6, companies like Kioxia are looking at ways to deliver very high-performance NVMe SSDs over the new links. Kioxia’s answer is to use SLC NAND to get to 10 million

The appeal of free ad-supported streaming television (FAST) channels has always been the way they make it easier to (re)discover classic films and series. But Roku’s latest experiment in the FAST space has less to do with traditionally produced entertainment and is entirely focus

Off the Wire Press Releases Aug. 7, 2026 — Predicting exactly how fuel burns in heavy-duty engines, gas turbines, and rocket motors is essential to optimizing performance and preventing equipment damage, but running physical experiments in these extreme environments is notoriousl

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Skip Navigation Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Sm

Off the Wire Press Releases The European research project EXA4MIND provides tools and preconfigured workflows that make it easier to collect, manage, and analyze extremely large and diverse datasets. Aug. 7, 2026 — More than 25 scientific papers and studies over nearly four years

OpenAI says it is pausing “internal activities” around an in-development AI model, Astra, because it doesn’t yet meet new security standards the company is putting in place. The announcement follows its recent disclosure that OpenAI models accidentally hacked Hugging Face. Anthro

Obesity rates have doubled in England since 1993 - what's going on? - Published If England's obesity rates were still the same as 1993 there would be seven million fewer adults living with obesity. There are 14 million adults classified as obese, despite successive governments la

President Donald Trump is "considering" firing Federal Reserve Board Governor Lisa Cook, the White House said this week, reviving an effort that had been stymied by the Supreme Court in June. White House presidential aide Dan Scavino, in a letter to Cook dated Wednesday, said the

(Updates to afternoon trading, adds analyst comments) * Atlassian surges after Q4 profit, revenue beat * All three indexes set for best weekly showing since April * July nonfarm payrolls at -23,000 versus 80,000 estimate * Indexes up: Dow 0.13%, S&P 0.44%, Nasdaq 0.97% By Chuck M

Arm Chips May Get Their Own Virtual RAN Boost With the help of Kenyi, a startup founded by a Qualcomm exec, Arm might finally be able to provide a much-desired rival to Intel in virtual RAN. A bright jewel in the corroding crown of British tech, Arm of Cambridge, as it might be i

After restaurateurs threatened to boycott Swiggy, the foodtech giant has reportedly agreed to refund promotional charges, which were allegedly levied on restaurant partners without prior consent. Sources told Economic Times that the resolution followed high-level negotiations bet

They are called gold bugs for a reason, because they sure are hard to get rid of. Despite a 25% decline in gold from its high in January, proponents of the precious metal are storming into bullish call positions after almost two months of sideways action gives way to a rally Frid

Following the data release, futures markets flipped the odds of a rate hike at the September 15 to 16 Federal Open Market Committee meeting from likelier-than-not to a worse-than-even chance, and are split on where the Fed will end up by year's end. That shift happened after data

Burger King has overtaken Wendy's as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain. The change in positions follows the two companies' diverging results over the past two years. Wendy's has reporte

Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals on how to process the latest jobs report. Here are three key takeaways: - Misleading numbers: The payroll decline of 23,000 wasn't quite as bad as it

Flintoff leaves England Lions head coach role - Published Former England all-rounder Andrew Flintoff has stepped down as head coach of England Lions. The 48-year-old, who has been in charge of the Lions since September 2024, thanked England managing director Rob Key in his leavin

Book hidden in fireplace returned to Australian library 150 years overdue - Published A book borrowed 150 years ago has finally been returned to an Australian library, with the culprit linked to the Houses of Parliament in London. Antiquities of Athens was borrowed from a local l

Reed’s view Google’s best AI models are six months behind the state of the art on coding capability and talent is leaving. It may never take the LLM lead again, but that likely doesn’t matter. The company is far from doomed even after Demis Hassabis stepped down as CEO of DeepMin

Recent hacks by AI models from three different companies put a spotlight on a startup trusted by top AI labs to evaluate their frontier systems. Models from Meta, Anthropic, and OpenAI all accessed the internet and compromised outside organizations while undergoing cybersecurity

Job recruiters are facing an uncanny type of candidate today: the AI avatar. These digital humans — which mirror a job applicant’s voice and likeness but are in reality an artificial alter — are showing up in first-round interviews, according to recruiters. Lana Kersanava is a Sy