Economists expected the US economy to add somewhere between 83,000 and 95,000 jobs in July. Instead, it lost 23,000. The unemployment rate, meanwhile, actually ticked down to 4.1%. Here’s why the numbers moved in opposite directions, and what’s really going on underneath the headline figures. What Did the July Jobs Report Actually Show? The Bureau … Read more
On Wednesday 5 August 2026, oil traders got two pieces of news within hours of each other. The first was good: the US, Iran and Oman were reportedly close to a 60-day deal to reopen the Strait of Hormuz. The second undid most of the relief: Yemen’s Houthis said they had just attacked a Saudi … Read more
A Chinese memory chipmaker most people outside the tech industry had never heard of just became China’s most valuable listed company in a single trading session. CXMT’s stock jumped roughly 470% on its Shanghai debut on July 27, 2026. Here’s what happened, and why it matters far beyond China’s stock market. What Happened When CXMT … Read more
OnePlus is leaving the US and European markets by the end of July 2026, ending more than a decade of selling phones in the West. The company is also killing off OxygenOS, the software that made it famous, and switching everyone to parent company OPPO’s ColorOS. Here’s why it happened, and what it means if … Read more
SpaceX stock did not exist a year ago. Today it trades on the Nasdaq under the ticker SPCX, and it belongs to one of the biggest companies on Earth by market value. If you searched for “SpaceX stock price” and were confused about how a private rocket company suddenly became something you can buy, here … Read more
Gold is trading above $4,000 an ounce and sitting nearly 19% higher than a year ago, even after pulling back from the all-time high it hit in January 2026. If you’re wondering why the gold price keeps making headlines in 2026, three forces are doing most of the work: a shaky Federal Reserve outlook, the … Read more
The European Commission has fined AliExpress €550 million ($629 million) for breaking the EU’s Digital Services Act — the largest penalty handed out under that law so far. The Alibaba-owned marketplace didn’t do enough to stop illegal, unsafe and counterfeit products from spreading across its platform, regulators said, and the company now has three months … Read more
Why is Volkswagen cutting so many jobs? The surface answer is the one in every headline: Chinese electric-vehicle rivals are eating Volkswagen’s market share, tariffs are squeezing margins, and Europe is stuck with roughly 500,000 vehicles a year of unused factory capacity. The deeper answer is less comfortable for Germany: for two decades, German automakers … Read more
Why is the stock market down today? The honest answer keeps changing shape. On Monday, July 13, it was Iran and a chip-stock meltdown. By Thursday, July 16, Iran had faded into the background and a single word from an earnings call — “capex” — was doing most of the damage. This page tracks the … Read more
In February, the Supreme Court demolished the legal foundation of Donald Trump’s signature economic policy, ruling that emergency powers do not let a president impose tariffs. Four months later, the tariffs are still here — the revenue, by the Treasury’s account, essentially unchanged — and the administration is methodically rebuilding the entire system on different … Read more