International Business Times

The massive miss on jobs creation fanned fears about the US economy

Stocks Rebound On US Rate Cut Bets

Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the world's top economy.

Trump Says To Name New Labor Statistics Chief This Week
President Donald Trump said Monday that he would pick an "exceptional replacement" to his labor statistics chief, days after ordering her dismissal as a report showed weakness in the US jobs market.
Tesla Approves $29 Bn In Shares To Musk As Court Case Rumbles On
Tesla announced an "interim" compensation award worth about $29 billion for Elon Musk on Monday, asserting the need to retain the controversial CEO at a moment of fierce competition for top talent.
China's Baidu To Deploy Robotaxis On Rideshare App Lyft
Chinese internet giant Baidu plans to launch its robotaxis on rideshare app Lyft in Germany and Britain in 2026, pending regulatory approval, the two companies said on Monday.
Stocks Rebound On US Rate Cut Bets
Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the world's top economy.
Swiss Eye 'More Attractive' Offer For Trump After Tariff Shock
Switzerland said on Monday it was ready to make a better offer to the United States to avoid steep tariffs that are expected to take effect this week.
Microsoft Valuation Surges Above $4 Trillion As AI Lifts Stocks
Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously unprecedented $4 trillion club along with Nvidia, another artificial intelligence standout.
Trump Gets His Way On Tariffs, But Global Trade System Intact For Now
President Donald Trump has succeeded in strong-arming nations to accept higher tariffs on US exports, yet for now experts see little threat to the postwar trend of lower duties in the pursuit of greater wealth all around.
BMW Says Can Weather Tariff Storm Despite Profit Plunge
German carmaker BMW stuck to its 2025 targets Thursday despite quarterly profits tumbling a third due partly to US tariffs, insisting its large American operations meant it could weather the storm.

Swiss Eye 'More Attractive' Offer For Trump After Tariff Shock

Switzerland said on Monday it was ready to make a better offer to the United States to avoid steep tariffs that are expected to take effect this week.

Economy in Focus

British Airways Owner Sees Profit Jump On 'Strong' Demand
IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44 percent in the first six months of the year on "strong demand".
HSBC Banks Lower Profits On Higher Costs
How Might Trump's Tariffs Hurt Brazil?

War in Ukraine

Zelensky Defends Contested Anti-corruption Law Changes
Ukrainian President Volodymyr Zelensky on Wednesday defended legislative changes removing the independence of two key anti-corruption bodies, sparking the first major protests in Ukraine since the start of Russia's invasion.
EU Targets Russian Oil In Tough New Ukraine War Sanctions
The EU on Friday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow's oil exports.
Russia Suggests Trump Is Emboldening Ukraine, Delaying Peace
The Kremlin warned Tuesday that US President Donald Trump's pledge of more weapons for Kyiv and threat of sanctions targeting Russian trading partners could embolden Ukraine and further delay already stalled peace efforts.
Ukraine's Zelensky Seeks Shakeup With New Prime Minister
Ukrainian President Volodymyr Zelensky said Monday that he was recommending economy minister Yulia Svyrydenko become prime minister in a significant political shakeup for the war-scarred country.

US House Set To Vote On Landmark Crypto Bills This Week

US lawmakers are on the verge of passing landmark legislation that will give the much-maligned crypto world much-wanted legitimacy, riding on President Donald Trump's recent embrace of the industry.

Contributor

How Business Owners Can Avoid Legal Setbacks Before Selling A Company

Legal readiness plays a decisive role in securing a successful transaction. Hourglass Legal recommends starting the legal cleanup process well in advance, ideally a year before a planned exit.

Contributor
Building a Stage for Every Child: AUM Dance Creations Celebrates 15 Years of Magic in Motions
AUM operates across Bridgewater, Hillsborough, Parsippany, Clifton, Paramus, Moorestown, Monroe, Princeton, Chatham, Westfield, and other New Jersey communities as well as New York City, with active plans to expand into neighboring states and eventually, across the country.
Contributor
Spinning With Soul: The Passion-Fueled Journey of DJ John Hubela and How He Turns Events Into Experiences
City Disc Jockeys specializes in weddings and corporate events in New York City and the surrounding area, including destination weddings.

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Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

US Economic Uncertainty Means Bigger 'Black Friday' Discounts
Dublin Riot Highlights 'Far-Right' Agitation Over Ireland Immigration
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Taiwan Strait: Chinese Ship 'Cuts Off US Destroyer'
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Dashcam Video Captures Missile Falling Near Kyiv Car
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Saudi Pledges Big Oil Cuts In July