September 4, 2025
US job openings drop, hiring remains tepid
U.S. job openings fell to a 10-month low in July and there were more unemployed people than positions available for the first time since the COVID-19 pandemic, data consistent with easing labor market conditions and supporting expectations the Federal Reserve would cut interest rates this month.
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September 4, 2025
Oil settles down ahead of OPEC+ meeting
Oil prices settled down more than 2% ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October. The prospect of OPEC+ raising oil production has increased ahead of the meeting.
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September 3, 2025
Pound slides on fiscal worries
Britain’s 30-year borrowing costs rose to their highest levels since 1998 and sterling slid over 1.5%, highlighting growing investor anxiety about the UK’s ability to keep its finances under control.
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September 3, 2025
Wall Street hits over one-week low
Wall Street’s main indexes tumbled to a more than one-week low on Tuesday, as investors returning from a long holiday weekend confronted fresh uncertainty over the legality of President Donald Trump’s tariffs.
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September 3, 2025
Gemini files S-1 for IPO to place 16.7M GEMI shares on Nasdaq
Gemini, a crypto exchange founded by Cameron and Tyler Winklevoss, announced the launch of an initial public offering of 16.67 million shares of Class A common stock. Gemini is planning to sell the shares priced between $17 and $19 per share, to raise up to $317 million.
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September 2, 2025
Tesla’s sales rout in some European markets continues
Tesla’s sales rout in some European markets extended to an eighth month in August amid mounting competition from both Chinese EV rivals and traditional automakers, as well as a backlash against CEO Elon Musk’s courting of far-right parties.
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