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 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…
Iranian Parliament Speaker Mohammad Bagher Ghalibaf speaks at a press conference in Tehran, Iran, Dec. 2, 2025. Shadati | Xinhua News Agency | Getty Images Iran’s chief negotiator has accused U.S. President Donald Trump of staging “theater diplomacy,” as Washington and Tehran offer conflicting accounts of bilateral engagement aimed at ending the months-long hostilities. “‘Massive…
United Wholesale Mortgage at the NYSE, January 22, 2021 Source: The New York Stock Exchange Shares in UWM Holdings, parent of United Wholesale Mortgage, plunged 40% Thursday after the biggest U.S. mortgage lender suspended its dividend and raised fresh capital. UWM announced a $2.05 billion equity investment from Oaktree Capital Management and SFS Group Capital…
HONG KONG, CHINA – 2026/03/06: A young shopper walks past a commercial advertisement for the Nintendo Switch, depicting the gaming character Mario, in Hong Kong. (Photo by Sebastian Ng/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nintendo reported fiscal first-quarter earnings on Thursday, beating analysts’ revenue and profit estimates, even as…
SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations, driven by a huge gain on its stake in Intel, while a rise in ByteDance’s value helped its Vision Fund division. The Japanese giant said net profit for the June quarter totaled 347.3 billion Japanese yen ($2.2 billion). That beat the…
Honeywell Aerospace shares tumbled 11% on Wednesday evening after the company reported weak quarterly results and cut its full-year outlook due to supply chain stumbles. It’s a rough look for the newly public maker of cockpit systems and other aircraft parts, which split from Honeywell Technologies in late June. Revenue in the second quarter ended…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, US, on Wednesday, July 15, 2026. Tom Brenner | Bloomberg | Getty Images JPMorgan Chief Executive Officer Jamie Dimon has warned that leverage across financial markets remained elevated, adding that investors should be mindful that…
Leopold Aschenbrenner (L) and Bank of America CEO Brian Moynihan. Photo: Josh Edelson (L) | Oscar Molina (R) Bank of America CEO Brian Moynihan on Wednesday called the recent near-collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and borrowed money. Situational Awareness,…
