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baris

bbc_business

Surprise fall in US jobs last month as slow summer continues

📰 source: bbc_business · 💼 business us jobs fell by 23,000 last month, against forecasts for an 80,000 gain, with the bureau of labor statistics also revising down may and june payrolls by a combined 103,000. the unemployment rate still dipped to 4.1% from 4.2%, as labor

By baris 07 Aug 2026

cnbc_topnews

Homes are selling below asking in 38 of the 50 biggest U.S. cities—if you can afford one

📰 source: cnbc_topnews · 💼 business homes sold for less than their asking price in 38 of the 50 largest u.s. housing markets in june, per redfin. the biggest discounts hit florida and texas: miami and west palm beach averaged nearly 5% below asking, while houston, austin, tampa, dallas, san antonio,

By baris 07 Aug 2026

cnbc_topnews

China is gaining ground in AI. But the U.S. still has a major advantage

📰 source: cnbc_topnews · 💼 business hugging face ceo clément delangue told cnbc china is clearly dominating on open models and could start dominating at the frontier by end of this year or next. chinese models are closing the gap with u.s. frontier systems despite limited access to cutting-edge compute. beijing-based

By baris 07 Aug 2026

bbc_business

US strikes $1.2bn deal to pay German firm to halt offshore wind projects

📰 source: bbc_business · 💼 business rwe will abandon its offshore wind projects in the us after accepting a $1.2bn payout from the department of the interior. the german energy firm said it will reinvest the money into gas projects, including $900m for an lng export terminal in louisiana. rwe will

By baris 07 Aug 2026

cnbc_topnews

SK Hynix to invest $38 billion building new memory chip plants as demand soars

📰 source: cnbc_topnews · 💼 business sk hynix will invest 54 trillion won ($38.1 billion) to build two new memory chip plants. one is the yongin fab called y2, getting 35.2 trillion won, and the other is the cheongju fab called m17, getting 19.1 trillion won. the company points

By baris 07 Aug 2026

cnbc_topnews

Europe’s wildfire ‘protection gap’ is growing, insurers warn

📰 source: cnbc_topnews · 💼 business european insurers are warning about a growing 'protection gap' as wildfires, heatwaves and extreme weather become a permanent feature of the region's summers. a fire in france and spain since july has destroyed over 300,000 acres, and greece saw outbreaks worsened

By baris 07 Aug 2026

theguardian_business

July’s heatwaves kept UK shoppers away from high street

📰 source: theguardian_business · 💼 business uk high street footfall fell 3.8% year on year in july, after a 6.2% drop in june, as heatwave temperatures in the mid-30cs sent shoppers online. shopping centre visits also declined, but retail parks returned to growth. overall visits to all shopping destinations were

By baris 07 Aug 2026

abc_business

Carney says US trade talks are 'nasty' after Trump criticizes Canada's leadership

📰 source: abc_business · 💼 business canadian prime minister mark carney says trade talks with the us have turned 'nasty,' after president donald trump criticized canada's leadership and threatened to expand tariffs. carney's comments mark a sharp escalation in rhetoric between the two allies. trump had

By baris 07 Aug 2026

cnbc_topnews

Oil rises amid supply disruption fears following Iran's restrictive draft plan for the Strait of Hormuz

📰 source: cnbc_topnews · 💼 business oil rose friday on supply disruption worries after iran published a restrictive draft plan for the strait of hormuz. brent crude for october gained 1.25% to $83.52 a barrel, while u.s. west texas intermediate for september advanced 1.10% to $78.14. iran&

By baris 07 Aug 2026

cnbc_topnews

Iran's chief negotiator accuses Trump of 'theater diplomacy' with Hormuz traffic near standstill

📰 source: cnbc_topnews · 💼 business iran's chief negotiator accused trump of 'theater diplomacy' on thursday, after the president called off planned strikes and claimed a deal with tehran was already settled. iranian officials rejected that, saying no talks are underway. parliament speaker ghalibaf mocked trump on x:

By baris 07 Aug 2026

cnbc_topnews

Meta ordered to pay $567 million into abatement fund as remedy to child harms case in New Mexico

📰 source: cnbc_topnews · 💼 business judge bryan biedscheid ordered meta to pay $567 million into an abatement fund in new mexico on thursday, part of a public nuisance ruling over alleged harms to children on its platforms. the payment adds to the $375 million in civil penalties meta already paid this

By baris 07 Aug 2026

bbc_business

Trump imposes 15% tariff on key chip material to counter China

📰 source: bbc_business · 💼 business president trump signed an executive order on thursday imposing a 15% tariff on polysilicon imports, a key material for semiconductors and solar panels. the order also sets minimum import prices and follows a national security investigation. the move targets china, which holds a near monopoly on

By baris 07 Aug 2026
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summarized finance

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summarized finance

summarized finance news, can be read under 1 minute.