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The US economy shed 23,000 jobs in July, compared with an increase of 80,000 forecast by economists polled by Reuters, Labour Department data showed. The unemployment rate declined to 4.1%, but the labour-force participation rate fell to 61.4%, its lowest level in nearly five-and

First, DeepSeek triggered a global AI price war. Now, it may be going in the other direction. The Chinese AI phenom on Thursday announced it was planning a “significant” price hike for its API services, which is how many companies around the world access and deploy DeepSeek’s che

This year is the 30th anniversary of the launch of the original Quake by id Software, if you could believe it. To commemorate that, publisher Bethesda has released a new campaign chapter for the game, titled “Dawn of the Machine.” This is part of a series of new campaign chapters

It won’t come as a surprise that Trump’s Department of Government Efficiency (DOGE) didn’t save taxpayers nearly as much as it claimed. Analysis from outside the government showed savings claims were heavily inflated, and now the government’s own watchdog has said it wasn’t able

The Trump administration this week sparked enthusiasm that the U.S. and Iran could soon strike a deal on the Strait of Hormuz, driving down oil prices and sending stocks soaring — only for no deal to emerge. If that sounds familiar, it may be because President Donald Trump has cl

Long-term unemployment fell in July — which, on its face, sounds like a good thing. But labor market data suggests otherwise, economists said. In fact, long-term unemployment appears to have declined for the "wrong" reasons, they said. The number of people unemployed for 27 weeks

US appeals court halts Trump ballroom project paving way for Supreme Court showdown - Published The Trump administration has been ordered to stop construction on President Donald Trump's $400m (£297m) ballroom at the White House. A federal appeals court dealt the latest setback t

OpenAI’s upcoming smart speaker will probably cost over $300, “people familiar with the matter” have told Bloomberg’s Mark Gurman. The generative AI company has “discussed” charging up to $400, Bloomberg, which has been reporting on the yet-to-be-announced smart speaker since Jul

Welcome back to This Week in Stratechery! As a reminder, each week, every Friday, we’re sending out this overview of content in the Stratechery bundle; highlighted links are free for everyone. Additionally, you have complete control over what we send to you. If you don’t want to

Snails are well-known for their mucus. The slime is highly valued as an anti-inflammatory and anti-aging ingredient in certain skin care products, and snails can secrete different kinds of mucus with properties tailored to specific functions. A team of German scientists has deter

Mumbai: The Securities and Exchange Board of India (Sebi) will significantly reduce routine inspections of market intermediaries from this fiscal year, shifting to a risk-based supervisory model that targets firms flagged for potential violations while easing compliance burdens f

Ujaas Energy, a small-cap multibagger stock, remained firmly on investors' radar throughout the week as strong buying interest followed the company's upbeat June-quarter performance, propelling the shares to a multi-year high despite a volatile broader market. The stock ended all

Nykaa was once called the "Amazon of beauty". And it wasn't an unfair comparison to some degree. Like Amazon, Nykaa built its business on a wide assortment, partnerships with leading brands and the convenience of buying it all in one place. Except Nykaa was never really a marketp

A US-made pickup truck by 2030 is part of Volkswagen Group’s plan to revive its American business. According to a Reuters report, entering this competitive but high-margin market, as well as the large SUV segment, is the path forward, since both are areas the automaker currently

Cambridge to review process for hiring senior academics after Jason Arday resignation - Published The University of Cambridge will review its process for appointing senior academics following the resignation of Jason Arday in the midst of a plagiarism row. The institution said fi

Zero-code, low-cost data ingestion: New BigQuery DTS capabilities Vignesh Rajamani Product Manager Pallavi Palleti Engineering Manager In a fast-paced digital economy, data is your most critical engine. Yet, many enterprises find themselves trapped in a costly paradox, spending o

Scientist says RAM pricing has risen to normalized 2007 levels, AI shortage undid 20 years of progress in a matter of months — memory prices had been falling exponentially for decades The price reversal is caused by the unbridled demand for HBM. Software performance expert, scien

Sen. Bill Cassidy, R-La., said Friday he will vote to confirm Todd Blanche as attorney general, giving President Donald Trump's embattled nominee a crucial vote after two other Senate Republicans announced their opposition. Cassidy's support appears to give Blanche the 50 votes h

Streeting 'sickened' by sex abuse claims at Army college - Published Warning: This article contains sexual language and details of sexual assault Wes Streeting has said he is "absolutely sickened" by reports of rape and sexual abuse of young female recruits at the Army Foundation

Dive Brief: - After reducing SKUs by 25%, Under Armour over the next 18 months will prune them by another 25%, aiming to pull back promotions on a lighter but stronger assortment, executives told analysts Friday. - The goal of pushing up prices comes even as the sports brand lowe

The News Pinterest’s CEO was eager this week to tell investors and analysts how much the company has saved using open-source AI models. “Any CEO that’s not taking advantage of open-source models is almost certainly wasting a lot of their shareholders’ money,” Bill Ready said on t

For years, the crypto industry's biggest challenge has been finding users beyond traders. Now, some of its largest companies think they've found them in AI agents. Although speculation still underpins much of crypto's business, companies are trying to build a second growth engine

For years, the crypto industry's biggest challenge has been finding users beyond traders. Now, some of its largest companies think they've found them in AI agents. Although speculation still underpins much of crypto's business, companies are trying to build a second growth engine

Some of the biggest names on Google’s AI team got new jobs this week. In some cases, including for legendary Googler Jeff Dean, those jobs are no longer at Google. Given that Google’s models seem to be behind the best of what’s coming out of anthropic and OpenAI, is this a sign o

Madonna and Blur producer William Orbit dies aged 69 - Published Acclaimed British music producer William Orbit, known for his work with acts including Madonna, Blur, All Saints and Pink, has died at the age of 69. A statement, external released on Friday by Orbit's family and fr

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

Six-hour train services between London and Stirling running with no toilets - Published A train operator is running services lasting more than five-and-a-half hours despite having no toilets available on board. The Lumo trains run on the West Coast Main Line, covering the new 417

Off the Wire Press Releases Two Multi-Client Studies Launched to Track Enterprise AI Barriers and Europe’s Digital Autonomy Push SUNNYVALE, Calif., Aug. 7, 2026 — Intersect360 Research has announced two new multi-client research studies. The first, “Enterprise AI Adoption,” exami

Cupid Ltd., a consumer wellness and personal care company, announced its financial performance for the June-ended quarter today, reporting strong growth across its international B2B healthcare and domestic Consumer Healthcare & FMCG businesses, supported by healthy execution acro

Airbnb shares surged 15% Friday after the company delivered one of its strongest growth quarters in years and raised its full-year outlook — a turnaround CEO Brian Chesky is directly crediting to artificial intelligence. In an exclusive interview with CNBC after the earnings repo

Airbnb shares surged 15% Friday after the company delivered one of its strongest growth quarters in years and raised its full-year outlook — a turnaround CEO Brian Chesky is directly crediting to artificial intelligence. In an exclusive interview with CNBC after the earnings repo

Off the Wire Press Releases Four U research teams which include faculty from the Department of Atmospheric Science join a national initiative advancing AI, energy, and atmospheric science. Aug. 7, 2026 — The University of Utah has been selected to receive multiple U.S. Department

Artificial Intelligence How Cohere Health digitizes clinical policies using Amazon Bedrock AgentCore Prior authorization is the approval process health plans require before covering certain medical services or medications. It remains one of the most manual processes in healthcare

It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Canada Goose’s latest divestiture to Little Debbie’s fall product lineup, here’s our clos