My top 10 things to watch Friday, Aug. 7 1. Futures rose after nonfarm payrolls unexpectedly fell 23,000 in July. Big miss from the projected 83,000 increase, according to Dow Jones. But the unemployment rate ticked down to 4.1%. The market’s first take was that this bad news for the labor market was good news for…
United Airlines Polaris lounge in Chicago United Airlines CHICAGO — No advanced seat selection, lounge access or flight changes included with a C-suite executive’s business-class ticket? Absolutely not, some companies say. Delta Air Lines joined United Airlines last month in launching stripped-down business class fares for certain flights, taking the same approach they used to…
The Martha’s Vineyard African American Film Festival kicks off on Friday — and organizers expect their biggest turnout ever, despite a changing consumer and lingering economic challenges. Rising gas prices, sticky inflation and rising unemployment in the Black community threaten many small businesses that serve Black consumers. But the film festival is finding its audience is…
Firefighters conduct works to extinguish wildfires in Agia Paraskevi, West Attica, Greece on August 1, 2026. Anadolu | Anadolu | Getty Images As wildfires, heatwaves, and extreme weather are becoming a permanent feature of European summers, insurers warn that the region faces a growing “protection gap” as disaster recovery costs outpace insurance coverage. A gigantic…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images SK Hynix said on Friday it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants, as demand for the components, which are key to…
Clouds gather over the Zwickau Volkswagen Plant on July 9, 2026 at the Zwickau, eastern Germany. Volkswagen workers staged protests nationwide on July 9 as unions warned of “major conflict” if the struggling German car giant pushes ahead with what could be the global auto industry’s biggest restructuring. – | Afp | Getty Images Volkswagen‘s…
CNBC’s Jim Cramer said Thursday earnings season has revealed investing themes he thinks will produce the market’s best buying opportunities. “I love themes. They help you craft a portfolio of stocks with the wind at their backs, not in their faces — the kind of stocks that you can confidently buy more of when they…
The Japan flag juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior. Japan has intervened in currency markets before, but this episode was bigger than usual. It was backed by Washington, reportedly executed using the euro-yen…
A vessel is anchored off the coast of Sharjah in the United Arab Emirates on Aug. 3, 2026. AFP | Getty Images Oil rose Friday amid worries over supply disruptions after Iran published a restrictive draft plan for the Strait of Hormuz. Futures for international benchmark Brent crude for October delivery gained 1.25% to $83.52 a…
Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty Images Tensions are high between Meta Platforms and Indian regulators after the company came under fire in the country twice in short succession. The tech behemoth briefly restricted a Facebook post by Prime Minister Narendra…
