Hospitality and education boosts US job creation in August
A boost in hospitality and education employment drove the US economy to create tens of thousands more jobs than expected last month, latest figures suggest.
Regulation
US added 162,000 jobs in August, with unemployment rate holding steady
Number of new jobs being added has been fluctuating, with private companies adding 38,000 jobs in August
Trezor says ShipMonk breach affected another 67,000 customers
The newly identified records date from 2019 to 2021 and include names, emails, phone numbers, shipping addresses, and order numbers.
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Kalshi US visits soar 1,500% as regulatory pressure mounts
Kalshi’s US web traffic climbed more than 1,500% in less than a year, while trading volume grew even faster and legal scrutiny of its sports contracts intensified.
El Salvador has not used public funds to accumulate bitcoin since June 2025, IMF says
IMF says El Salvador used no public funds for bitcoin accumulation since June 2025, with purchases coming from private donations.
Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings
In contrast, Jane Street and Charles Schwab raised concerns over rushed ETF launches and confidential filings limiting market scrutiny.
Andreessen Horowitz-backed OpenReserve secures preliminary OCC approval for national bank charter
OpenReserve Holdings received preliminary OCC approval for a national bank focused on onchain settlement, following a $25 million seed round.
South Korea to start tokenizing ‘all types’ of securities in three stages from 2027
South Korea ultimately aims to allow participants to settle tokenized securities onchain with stablecoins, as part of a three-stage plan.
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Philip R. Lane: Diversity at the European Central Bank
Let me begin by congratulating everyone involved in the ChaMP research network on a remarkably successful research programme: it has delivered many new insights regarding the transmission of monetary policy and has been…
‘Astronomical’ fuel price surge hits farmers in UK and US
Farmers are facing an “astronomical” jump in the price of fuel needed to operate their vehicles and machinery after a surge in diesel costs in the UK and the US.
US bitcoin ETFs report the largest inflow day since January, worth $731 million
Analysts attributed Fed Governor Christopher Waller’s dovish comments to the significant inflow of capital into bitcoin products.
AMC stock jumps 21% overnight as CEO slams Robinhood over ‘outrageous’ tokenized shares
OpenAI had previously made a similar criticism of Robinhood’s tokenized equities, saying it did not approve the transfer of its shares.
Jackdaw gasfield set to be approved by ministers this month, sources say
Energy secretary could recommend new North Sea drilling next week, as ministers also consider approval for Rosebank oilfield
UK has not done enough to prepare for shocks to food supplies, says watchdog
The climate crisis, disease and cyber-attacks pose growing risks to the UK’s food supplies and the government needs to act to make the system more resilient, according to the public spending watchdog.
Revealed: how companies ‘secretly’ use billions of litres of public water in drought-hit England
Exclusive: As millions of people face hosepipe bans, many companies are not required to report, let alone cut, use of public supply
‘Capitalism is dying’: in Luton, these former car workers have a moral tale for our times | Aditya Chakrabortty
After everything, why would anyone still back Nigel Farage? In some of the comments below my piece last week about Reform UK, I spot the usual answers: Farage’s supporters are dim, racist, deplorable. Yet away from West…
Volkswagen announces it will cut 100,000 jobs by 2030
Under-pressure carmaker will shed 15% of workforce and halve its product line in sector’s biggest ever restructure
CFTC files to dismiss CME lawsuit over crypto perpetual futures
The CFTC’s lawyers called the lawsuit “much ado about nothing,“ claiming that the CME Group lacked standing to file and argued against its claims over crypto perpetual futures.
Reform officials ‘plotted to break law on foreign donations’ in undercover film
Investigation broadcast by Channel 4 News shows man posing as ‘impermissible donor’ paying for polling that helped Reform
Coinbase seeks SEC greenlight to list 24/7 equity perpetuals
Coinbase, the largest U.S. based crypto exchange, is seeking to list 24/7 equity products as perpetual gain momentum.
Crypto market cap surges to $2.82 trillion as Zcash leads rally alongside stocks
Crypto and related stocks like Strategy rallied as bitcoin topped $80,000 and Fed rate expectations remained split.
We’re prepared to change the law to reform water industry, says Angela Eagle
Exclusive: New environment secretary insists ‘nothing is off the table’ in dealing with ailing Thames Water
OpenAI hails ‘new era of artificial general intelligence’ with Astra model release
Astra’s arrival comes days after Sam Altman, OpenAI’s chief executive, described AGI as an ‘irrelevant marketing term’
Revolut takes ‘important’ step toward becoming a US bank with conditional OCC approval
Revolut says it has received preliminary approval from a key U.S. banking regulator as it seeks to become a bank in the country.