International Business Times

U.S. President Donald Trump listens to questions from reporters

Trump Hails 'Very Good Discussions' With Iran. Says Deal To Reopen Hormuz Strait Could Be Imminent

President Donald Trump said the U.S. is having "very good discussions" with Iran and a deal to reopen the Strait of Hormuz could be announced imminently.

Scott Bessent Said A Deal To Reopen The Hormuz Strait Could Be Reached Within Hours. Oil Is Declining Again
Trump Threatened Iran With Massive Escalation If Talks Fail. But The Army Has Reportedly Used Most Of Its Long-Range Precision Missiles

Private Companies Added Way Fewer Jobs Than Expected In July. June's Figures Were Also Revised Downward
Private companies added tens of thousands of jobs less than estimated in July, according to new data.
The S&P 500 Is At Record Levels. But Some Analysts Aren't Ready To Celebrate A Breakout Yet
While the S&P 500 topped 7,700 for the first time on Tuesday. However, some analysts say a sustainable breakout will require more than a brief move above the resistance level.
The Fed Is Considering Fewer Policy Meetings. The Proposal Could Mark The Biggest Process Change In Decades.
Kevin Warsh's proposal to hold fewer meetings would cut the Fed's current schedule of eight policy meetings per year to six, while adding two separate meetings dedicated to broader economic issues rather than interest rate decisions.
Investor Who Predicted The 2008 Financial Crisis Issues Fresh Warning: 'Possible A 1987-Type Fall"
Michael Burry reiterated his warning that U.S. stocks may be approaching a major market peak, saying conditions resemble those before the 1987 crash even as the S&P 500 and Nasdaq continued their rally.
Fed's Kashkari Backs His Vote To Hike Interest Rates: 'Now Is The Time'
Minneapolis Federal Reserve President Neel Kashkari said it is "the time to start slowly moving up as we get more data in."
Anthropic's Mythos Created Fake Online Identities As AI Safety Tests Reveal New Cybersecurity Incidents
Anthropic's Mythos 5 AI model created fake identities and attempted to manipulate real people into approving malicious code during a controlled cybersecurity evaluation, adding to growing scrutiny over the behavior of advanced AI systems.

JPMorgan CEO Jamie Dimon Is Seeking To Put Safeguards In Place For AI. He's Launching A Cross-Industry Coalition.

JPMorgan Chase CEO Jamie Dimon has personally contacted cross-industry leaders in recent weeks, encouraging them to join an AI-focused version of his Alliance for Critical Infrastructure, according to a new report.

The Spotlight

The massive miss on jobs creation fanned fears about the US economy

The Job Market Is Stable But Workers Say It Feels Frozen: Report

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

Economy in Focus

Citadel Bought Assets From Collapsed Situational Awareness At a Discount. Its Flagship Fund Had Its Best Month In Years
Citadel's flagship Wellington fund posted 5.9% returns in July, its largest in years, after the company bought assets from collapsed Situational Awareness at discounted prices.
- A Former OpenAI Employee Built A $45 Billion Fortune From AI. Then A Hedge Fund Selloff Wiped Out Most of Its Value.
- The S&P 500 Is at Record Levels. But Some Analysts Aren't Ready to Celebrate a Breakout Yet
SpaceX Delivered a Strong Earnings Beat After Its Historic IPO. But Questions About Starlink and AI Spending Remain And The Stock Fell.
Adjusted EBITDA reached $3.5 billion, well above the roughly $2.1 billion analysts had projected, with shares rising in after-hours trading following the release.
- Short Sellers Keep Piling Up Against SpaceX. Elon Musk Is Standing Defiant
- SpaceX Faces Its Biggest Test Since Going Public. Its First Earnings Report Could Reverse a $1 Trillion Stock Rout.

Bitcoin's Search For A Bottom Continues. Technical Signals Are Starting To Shift

While Bitcoin remains under pressure after months of volatility, several widely followed technical indicators suggest selling momentum may be easing, according to market analysts.

Contributor

Latest IMF and Trade.gov Updates Highlight Dominican Republic's Economic Outlook Under President Luis Abinader

According to Trade.gov's latest Country Commercial Guide, the Dominican Republic continues to stand out as the largest economy in the region, supported by an increasingly diversified market spanning tourism, manufacturing, mining, agriculture, logistics, financial services, and real estate.

Contributor
Bhavya Bhandari's Perspective on How AI Is Changing Cyber Risk Visibility
For Bhavya Bhandari, a technology and cybersecurity risk management leader with more than 15 years advising financial institutions, the key shift is not simply faster detection.
Contributor
Who Owns Teddy Baldassarre? A Look Inside Teddy's Watch Business
Teddy is the sole founder and CEO of the company that bears his name. The business wasn't built through outside investment.