Thursday's News Links

[Yahoo/Bloomberg] ‘Magnificent Seven’ Prop Up Stocks Before US Jobs: Markets Wrap

[Yahoo/Bloomberg] Gold Rises as Market Looks Ahead to US Payrolls Data

[Yahoo/Bloomberg] Oil Edges Up With OPEC+ Close to Delaying Supply Increase

[Reuters] Morning Bid: Stocks calmed as action switches to rates, jobs

[AP] Applications for US jobless benefits fall modestly last week as layoffs remain relatively low

[Reuters] US private payrolls post smallest increase in 3-1/2 years in August

[CNBC] Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows

[Reuters] Exclusive: US warned Nippon its U.S. Steel bid poses a national security risk

[CNBC] A supersized Fed rate cut this month could be ‘very dangerous’ for markets, economist warns

[Reuters] Reactions to France's Macron naming Michel Barnier as prime minister

[Yahoo/Bloomberg] BOJ Board Member Sees Need for More Hikes If Justified by Data

[Reuters] BOJ policymaker signals more rate hikes with eye on markets

[Yahoo/Bloomberg] China Corporate Bond Spreads Widen to Most in Year on PBOC Move

[Reuters] JPMorgan ditches call to buy Chinese stocks, citing 'Tariff War 2.0' risk

[Reuters] Russia says it will take action against US media in response to Russian media charges

[NYT] Wall Street Is Unsettled Again, After Fueling a Global Sell-Off

[NYT] Why This Jobs Report Could Be the Most Pivotal One in Years

[NYT] The Hot Labor Market Has Melted Away. Just Ask New College Grads.

[WSJ] Flooding Is Getting Worse—and Fewer Homeowners Have Insurance

[FT] Michel Barnier appointed French prime minister

Wednesday Evening Links

[Yahoo/Bloomberg] Treasuries, Yen Rally After Weak US Jobs Report: Markets Wrap

[Reuters] Stocks fall with safe haven assets in demand, growth concerns in focus

[Reuters] Biden close to blocking Nippon Steel deal to buy U.S. Steel, sources say

[Yahoo/Bloomberg] Record Bond Issuance Well-Absorbed as Most Trend Tighter

[Reuters] Hamas sees no need for new Gaza ceasefire proposals, urges pressure on Israel

[AP] The world is pumping out 57 million tons of plastic pollution a year

Wednesday Afternoon Links

[Reuters] Nasdaq slips, S&P 500 subdued after soft job openings report

[Yahoo/Bloomberg] Gold Erases Losses as Weak US Jobs Data Bolsters Rate Cut Bets

[Yahoo/Bloomberg] Yen Climbs 1% Versus Dollar as US Data Supports Bets on Fed Cuts

[Reuters] US market selloff stokes recession fears, trounces rate cut cheer

[Yahoo/Bloomberg] US Job Openings Decline to Lowest Level Since January 2021

[Yahoo/Bloomberg] Municipal-Bond Market Boom in Mega-Deals Shows No Sign of Stopping

[Yahoo/Bloomberg] Ultra-Rich Families Set to Control $9.5 Trillion by 2030, Deloitte Says

[Yahoo/Bloomberg] Bank of Canada Cuts to 4.25%, Eyes More Easing Ahead