U.S. job growth rebounded in August from levels that were softer than initially reported this summer, leaving the Federal Reserve on track to begin a series of rate cuts later this month. The jobless rate fell to 4.2%.
Stock indexes posted steep weekly losses after weaker-than-expected data reignited fears about the health of the U.S. economy. The Dow, S&P 500 and Nasdaq fell 2.9%, 4.2% and 5.8%, respectively, for the week.
Georgia investigators said Colin Gray allowed his son, Colt, who is accused of killing four in a school shooting, to possess a weapon even though he knew the teenager was a threat to himself and others.
Morgan Stanley agreed to pay $2 million to settle an investigation that it failed to properly monitor trades by the executive chairman of First Republic Bank before the bank failed last year.
Nelson Peltz has resigned as chairman of Wendy’s board to devote more time to his hedge fund and other board commitments.
Chinese authorities have detained at least two outspoken dissidents in recent weeks, drawing criticism from U.S. lawmakers and human-rights groups, and adding to friction between Beijing and Washington.
JPMorgan Chase is investigating thousands of incidents of possible check fraud committed as part of a TikTok craze.
A New York judge postponed Trump’s sentencing in his hush-money case until after the November election, giving the former president a victory as he heads into the final leg of the race for the White House.
U.K. antitrust officials said Alphabet’s Google might be stifling competition by favoring its own ad-tech services.
Telegram founder and CEO Pavel Durov denied that the messaging app refused to cooperate with European authorities to counter illegal content.
Trading giant Susquehanna uses Texas Hold ’em to teach its teams to make the most of risk. We asked some traders to play and walk us through their hands.
Mick Herron, the author of the “Slow Horses” series, is the unlikeliest star in publishing. Even he couldn’t have made this up.
As the tennis world focuses on the U.S. Open, the network is embroiled in off-court drama.
Prediction-market startup Kalshi prevails in its bid to list political contracts, beating the CFTC.
If the press wants to be an antidote and not a tool, take a closer look at the motives at work.
The agreement with regulators dealt with transactions related to patrons who reside or operate in foreign jurisdictions.
Georgia has charged the father of 14-year-old Colt Gray. Is that fair?
August job growth was dominated again by government spending.
He wants to devote more time to his hedge fund Trian Partners and other board commitments.
Bad loans and guarantees will cost taxpayers $65.2 billion in fiscal 2025.
Iran sells oil, no problem, but West Bank Israelis are his target.
Ship registries from small countries—one of which is landlocked—help Moscow evade sanctions.
The framers didn’t want a king, but a republic with a strong executive was an innovation in 1787.
By taking stands on issues, academic groups can chill debate and harm young faculty members’ careers.
She vows an ‘opportunity economy’ but comes from a political culture that is hostile to enterprise.
