| S.N. | News with Summary | Web Link |
| 1. | Stocks Tumble on Weak Jobs Report and New Tariffs: U.S. stock markets experienced a significant downturn, with the S&P 500 suffering its biggest single-day decline in months. The sell-off was triggered by a surprisingly weak July jobs report and President Trump’s announcement of new tariffs on a number of key trading partners. | https://apnews.com/article/trump-tariffs-asia-wall-street-5bf5640b85f63cf7db292d0aaf26e97a |
| 2. | Trump Fires Labor Statistics Chief After Disappointing Jobs Data: In a highly unusual move, President Trump ordered the firing of Bureau of Labor Statistics Commissioner Erika McEntarfer shortly after the agency released the underwhelming July jobs report. The decision has drawn criticism for politicizing government economic data. | https://www.foxbusiness.com/politics/trump-orders-termination-of-labor-statistics-official-after-jobs-report-and-downward-revisions |
| 3. | Tesla Ordered to Pay Over $200 Million in Autopilot Lawsuit: A Florida jury has ordered Tesla to pay over $200 million in a fatal 2019 crash lawsuit. The verdict found the company partially responsible due to the performance of its Autopilot system, reigniting the debate about the safety and regulation of autonomous driving technology. | https://www.cbsnews.com/news/tesla-autopilot-crash-lawsuit-verdict/ |
| 4. | Microsoft Joins the $4 Trillion Market Cap Club: Following a surge in its artificial intelligence (AI) initiatives, Microsoft has become the second company in history to reach a $4 trillion market capitalization. The milestone highlights the company’s strong position in the tech industry and its successful push into AI. | https://www.foxbusiness.com/markets/microsoft-joins-exclusive-4t-market-cap-club-after-ai-surge-joining-only-one-other-company |
| 5. | JCPenney Sells 119 Locations in $947 Million Deal: In a major retail development, JCPenney has sold 119 of its locations in a large all-cash transaction. The sale is part of the company’s broader strategy to downsize and adapt its business model to the modern retail environment. | https://www.foxbusiness.com/markets/119-jcpenney-locations-sold-in-major-947-million-all-cash-deal |
| 6. | Moderna to Cut 10% of Its Workforce: Pharmaceutical company Moderna has announced it will be laying off 10% of its workforce as sales of its COVID-19 shots continue to decline. The move is a strategic shift for the company as the demand for pandemic-related products wanes. | https://www.foxbusiness.com/markets/moderna-plans-to-slash-10-of-workforce-as-covid-shot-sales-slow |
| 7. | AI is Contributing to Thousands of Job Losses, New Report Finds: A new report suggests that the increasing use of artificial intelligence in the workplace is a key factor behind a recent rise in layoffs. The findings add to the growing national conversation about the impact of AI on the future of employment. | https://www.cbsnews.com/news/ai-leading-to-thousands-of-job-losses-report-finds/ |
| 8. | Zillow Sued Over Alleged Theft of 47,000 Property Photos: Real estate company Zillow is facing a federal copyright lawsuit from rival CoStar, which alleges that Zillow has systematically stolen and used over 47,000 of its property photos. The case highlights ongoing legal battles over intellectual property in the digital real estate space. | https://www.foxbusiness.com/markets/zillow-hit-with-federal-copyright-lawsuit-over-47k-allegedly-stolen-property-photos |
| 9. | Starbucks to Eliminate a Specific Ordering Option in Turnaround Bid: Starbucks’ CEO has announced the company will be getting rid of a specific ordering option as part of a new turnaround plan. The move is intended to streamline operations and improve service, but its impact on customer habits is yet to be seen. | https://www.foxbusiness.com/markets/starbucks-getting-rid-of-an-ordering-option-as-ceo-pushes-turnaround |
| 10. | Delta Air Lines Faces Criticism Over Pricing and New Tech: Delta Air Lines is responding to a wave of public criticism regarding its pricing strategies and the implementation of new technology. The airline’s moves are a subject of debate as it navigates customer feedback and a competitive market. | https://www.foxbusiness.com/markets/delta-air-lines-responds-to-pricing-criticism-amid-concern-over-new-tech |
