Jones Act Relief Extended, Iran War Presses On | Bloomberg Businessweek Daily 8/10/2026

President Trump extended a waiver Monday for foreign ships transporting oil around the US as the war in Iran continues to disrupt supply chains. Bloomberg News' Mike McKee & Bloomberg Economics' Chris Kennedy explain the implications. Then, Grindr CEO George Arison discusses how the app is transforming to an AI-native

Global stocks surged after weak US jobs data in July reduced fears of a Federal Reserve interest rate hike, despite a spike in oil prices. Find out more.

TOKYO (Kyodo) -- Tokyo stocks rose Monday, with the Nikkei stock index rising over 2 percent, after weaker-than-expected U.S. jobs data eased concerns

Indian shares open higher as soft US jobs data offsets oil worries  reuters.com

Britain's housing market saw momentum slow in July, with prices remaining flat. Higher mortgage rates and economic uncertainty are impacting buyer demand significantly. Northern Ireland and Scotland recorded the strongest annual price growth across the country. Southern regions experienced price declines, widening the

Soft Jobs Data Complicates Interest Rate Decisions For Fed  Forbes

U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June

America In Focus: US employers unexpectedly cut 23,000 jobs; mortgage rates rise again  AP News

Mexican shares posted their best session in weeks as a weak US jobs report knocked the dollar lower, lifting Penoles, Grupo Mexico and the peso together.

Specialist Michael Pistillo works on the floor of the New York Stock Exchange, Wednesday, Aug 5, 2026, in New York. (Photo: AP/Yuki Iwamura) 08 Aug 2026 05:31AM NEW YORK: The dollar fell sharply Friday (Aug 7) after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rat

Canada’s main stock index rose nearly 250 points on Friday, as investors sifted through the latest employment figures.

The chances of a hike remain, with upcoming inflation reports a key focus for Fed officials.

Major U.S. Stock Indexes Gain on Jobs Data  WSJ

US stocks jump as employers unexpectedly cut 23,000 jobs, raising hopes that rate hikes can wait  Toronto Star

For the week, the FTSE 100 was up 0.3%, the FTSE 250 was up 3.7%, and the AIM All-Share was up 4.0%.

For the week, the FTSE 100 was up 0.3%, the FTSE 250 was up 3.7%, and the AIM All-Share was up 4.0%.

Wall Street stocks rally as fears ease of interest rate hike

Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.