U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances of a September rate cut. https://t.co/MUuz0ma5Cs ...

And we've got some breaking news. The July jobs report was released just moments ago and it shows that the United States added 73,000 jobs last month. That is less than the 100,000 that economists had expected.The unemployment rate saw a slight increase to 4.2%. The report also revealed job totals for June and May were revised much lower, down a combined 258,000 from the previous announced levels. That's significant.Seems like a pretty bad news report. Uh, you know, outside of healthcare and a couple other ...

% OF RATE CUT IN SEPTEMBER IS PUMPING HARD!!!IT'S HAPPENING 🚀 https://t.co/DYwT0zouQd ...

RT Matt Hougan (@Matt_Hougan)The probability of a 25bps rate cut in September just went from 37.7% to 81.9% according to the CME FedWatch tool (which is awesome btw). https://t.co/aQbLNCYz6b ...

Labor Market & Monetary Policy - The Federal Reserve (Fed) closely monitors the unemployment rate as a key statistic influencing monetary policy [1] - An unexpected rise in the unemployment rate, potentially to 4-6% or 4-7%, could prompt the Fed to consider a rate cut due to its dual mandate [1] - Unlike other central banks, the Fed's dual mandate makes it particularly sensitive to changes in the unemployment rate [1] Economic Impact of Tariffs & AI - The full impact of tariffs is yet to be realized, with final outlines of deals and sectoral tariffs still unfolding [2] - Companies are increasingly deploying AI, leading to CEOs reporting the ability to limit or reduce hiring [2]

69% chance of a September rate cut now https://t.co/Yi4X6HtfilTylerD 🧙‍♂️ (@Tyler_Did_It):September rate cut odds are rocketing up in real time after this massive jobs report revisionWas just a 37% chance of a September cut as of yesterdayUp to 55% now and climbing https://t.co/Fd9YB9kUlt ...

The entire market just sold off and this is actually very very good. I know that it sounds crazy to say but this is exactly what we actually wanted to see on Bitcoin before we get that continuation. And yes, when it comes to the market, the entire market will sell off with what Bitcoin or even Ethereum does, especially at a time where dominance is as high as it is.Now, if we take a quick step back, we're looking at this on the daily. There is some lovely discounts out there for some great projects. Obviousl ...

>> And Isaac was great. Julie Julie had some issues. >> All right.The fed holding interest rates steady. But the decision comes with some dissent. Our senior economics reporter Steve Liesman joins us right now from Washington Steve good morning.>> Yeah it wasn't Love Island at the fed yesterday. Fed Chair Jay Powell and the federal committee having two dissents there. But they made clear the December rate cut is not a done deal.And I asked Powell whether the fed now has more clarity on the outlook because t ...

Fed Chair Jerome Powell shrugged off pressure from the White House and rejected arguments for a rate cut from two dissenting officials, maintaining that the central bank needed to stay on guard against inflation risk https://t.co/QjzQnhFyW3 ...

Monetary Policy & Interest Rates - The Federal Reserve (FED) maintained unchanged interest rates, citing inflation risks, but two governors dissented, favoring a rate cut [1][46] - Markets priced out the possibility of a September rate cut, reducing expectations from 45 basis points to around 30 basis points for rate cuts by year-end, interpreting the FED as hawkish [2] - The Bank of Japan (BOJ) held benchmark interest rates but raised its inflation outlook, hinting at a potential rate hike in the coming months, possibly in October [51][52][58] Trade & Tariffs - President Trump imposed a 15% tariff on South Korean exports, with Seoul agreeing to invest $350 billion in the U S and buy $150 billion in energy products [1][9] - India faces a 25% tariff rate, potentially higher due to Russian energy purchases, which is perceived as a less favorable deal compared to South Korea's 15% [1][14][50] - Trade deals involve countries committing to invest in the U S and purchase energy products, with a common tariff rate around 15% to 20% [11][25] Company Earnings & Performance - Standard Chartered reported a second-quarter beat with $24 billion versus estimates of $19 billion, announcing a $13 billion buyback and projecting growth in the 52% to 7% range [6][7][8] - Meta and Microsoft posted strong earnings, with Meta projecting increased capital expenditures for AI investments and Microsoft reporting Azure cloud growth of 39% and $25 billion in Azure revenue [26][31][34] - Samsung's quarterly profit fell short of expectations due to export controls on high-bandwidth memory chips [36] Geopolitical & Regional Developments - Canada is planning to recognize a Palestinian state at the United Nations summit in September, a move rejected by Israel [1][37] - Bain is winding down its consulting operations in South Africa due to accusations of corrupt and fraudulent practices related to a contract with the country's tax agency [69][70][71] - Ghana lowered its interest rate to 25% from 28% after a significant slowdown in inflation [76]