FIRi Weekly market updates with this introduction: U.S. job numbers disappointed with only 73,000 new positions in July, while May and June were revised downward by 258,000, raising fears of recession.
The United States added only 73,000 jobs versus an expected 100,000, and major downgrades reveal economic weakness. In response, Trump fired the chief of labor market statistics.
Trump's new toll hits over 60 countries, while U.S. bond yields plunge on recession fears and amplify the market downturn.
New SEC chief unveils “Project Crypto” to turn America into crypto capital with promises of tokenized stocks and updated depository rules.
July saw $6 billion in Bitcoin and a record-high $5.43 billion in Ethereum ETF inflows, before August 1 marked the second largest outflow day this year for both.
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