Headlines

Trump pushes Fed on rates after 162,000-job gain

U.S. President Donald Trump has renewed his demand for lower interest rates and threatened to halt trade with deficit countries after employers added 162,000 jobs in August. Summary U.S. payrolls rose by 162,000 in August, beating economists’ forecast of 56,000. Trump demanded lower rates and threatened to stop trade with countries running surpluses against the…

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Tesla launched Cybercab in Austin. Hours later, the feds launched an investigation.

Tesla threw a flashy party on Thursday to announce the start of its autonomous Cybercab service in Austin, but some of the wind was taken out of the company’s sails when the National Highway Traffic Safety Administration announced an investigation into the Cybercabs almost immediately after the launch. Tesla’s Cybercabs are gold-covered robotaxis that seat…

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Coinbase Files With SEC to Bring Single-Stock Perpetual Futures to US Investors

The move would extend Coinbase’s existing crypto perpetual futures business in the United States into individual equities. Coinbase said this week it filed notice registrations with the US Securities and Exchange Commission (SEC) to offer single-stock perpetual futures domestically, according to a post from the company’s official account. The move adds another regulated derivatives…

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