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Washington — U.S. job numbers were sharply revised downward, showing a loss of 1.2 million jobs over the past 16 months, far worse than previously reported. The alarming data signals a much weaker labor market and intensifies pressure on the Federal Reserve to cut interest rates at the upcoming FOMC meeting on September 17–18.

Global stock markets remain red-hot, with several indices reaching all-time highs. In the U.S., the Dow Jones and S&P 500 both surged, with the S&P 500 breaking above 6,500 points for the first time in history, while the Nasdaq also climbed higher. Year-to-date (YTD), the S&P 500 has gained more than +10%, reflecting investor confidence in the economic outlook and the momentum from the ongoing AI boom that continues to boost corporate earnings.

Gold is once again at the center of investor attention after repeatedly holding above previous highs, with growing signs of a potential major breakout toward fresh all-time records.

Beijing, September 3, 2025 — Global finance and trade were in the spotlight as four major world leaders — Xi Jinping (China), Vladimir Putin (Russia), Kim Jong Un (North Korea), and Narendra Modi (India) — appeared together at the military parade marking the 80th anniversary of the end of World War II in Tiananmen Square. Many observers see this as a “historic first” signaling a new global order in both economics and politics.

A U.S. court has issued a landmark ruling in the country’s biggest antitrust case in 30 years, ordering Google to share search data with competitors but stopping short of forcing it to divest Chrome or Android. The lighter-than-expected penalty boosted market confidence, sending Alphabet shares up more than 8% in after-hours trading.

Tianjin, China — The global spotlight turned to China as President Xi Jinping delivered the opening address at the Shanghai Cooperation Organization (SCO) Summit, attended by leaders and representatives from over 20 nations.