Geopolitical & Economic Conditions - The U.S. military launched a new round of strikes on dozens of targets in Iran following a ballistic missile attack against American troops in Jordan [1][6][12] - The Federal Reserve kept interest rates unchanged for the fifth consecutive time, maintaining the 4.2% unemployment rate while reporting an annual inflation rate of 3.7% [25][27][77][229] - U.S. Gross Domestic Product (GDP) grew at a 1.5% annual rate in the second quarter, falling short of the expected 1.8% [228] Corporate & Technology Sector Trends - Artificial intelligence (AI) has become a leading cause of layoffs, accounting for 23% of job cuts year-to-date [79] - The Trump administration enacted a ban on all non-U.S. made humanoid robots and quadrupeds, citing national security risks, while Morgan Stanley projects the global robotic market to reach $15 billion in four years [83][85][86][89] - The Federal Trade Commission (FTC) filed a lawsuit against telehealth platform Hims and Hers for allegedly sharing users' sensitive health data with advertising companies like Meta and Snap [95][96]
Morning News NOW Full Episode – July 30