• S&P closes at record high as soft jobs report eases rate-hike concerns

    Nonfarm payrolls drop by 23,000 jobs in July, below estimates, US Labour Department saysPublished Sat, Aug 8, 2026 · 08:40 AM[NEW YORK] US stocks advanced on Friday (Aug 7), with the S&P closing at a record high to cap off a strong week of gains for the major indexes, after data showed the US economy unexpectedly shed jobs in July and dampened expectations the US Federal Reserve would raise interest rates at its September meeting.The Labour Department said nonfarm payrolls decreased by 23,000 jobs in July, well below the estimate of economists polled by Reuters that called for an increase…

  • Baltic Exchange Shipping Insights

    Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by Friday. Early pressure was driven by subdued cargo volumes, particularly…

Business

  • US Lifts Mexican Cattle Ban: What It Means for Beef Prices

    The U.S. Department of Agriculture said Friday it is lifting a more than yearlong ban on Mexican cattle imports that helped push U.S. beef prices to record highs, a move officials say is meant to ease supply pressure on the $100 billion domestic beef industry. The ban, imposed in May…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • CGSI downgrades OCBC to ‘hold’ despite raising target price to S$28.40

    Brokerage cites limited upside after the sharp gain in bank’s share price and a less-attractive dividend yield [SINGAPORE] CGS International (CGSI) downgraded OCBC to “hold” in its research report on Tuesday (Jul 21), citing limited upside following a sharp run-up in the lender’s stock price and a relatively less-attractive dividend…

World

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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