Jobs report August 2025:

An attendee holds a “Join Our Team” flyer during the Best Hire Chicago Career Fair in Chicago, Illinois, US, on Thursday, Aug. 7, 2025. Jim Vondruska | Bloomberg | Getty Images Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely…

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Nidec shares plunge 22% on accounting probe

Signage at the Nidec Corp. Qingdao Industrial Park in Qingdao, China, on July 9, 2025. Bloomberg | Bloomberg | Getty Images Shares of Nidec Corp plunged as much as 22.44% Thursday, after the company announced a probe into allegations of improper accounting in its group. This marks the largest one-day drop in the Japanese electronics…

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Asia-Pacific markets: Nikkei 225, bonds, Treasurys

The Exchange Centre, which houses the Australian Securities Exchange (ASX), in Sydney, Australia, on Tuesday, Aug. 12, 2025. The S&P/ASX 200 index extended gains to 0.3% after the central bank cut the key cash rate by 25 basis points, a move widely expected by economists and markets. Photographer: Lisa Maree Williams/Bloomberg via Getty Images Bloomberg |…

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Stephen Miran, Trump’s Fed governor nominee, pledges central bank independence

Stephen Miran, U.S. President Donald Trump’s nominee to be chairman of the Council of Economic Advisers, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025.  Annabelle Gordon | Reuters Stephen Miran, President Donald Trump’s nominee for the open…

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