| 1 | Wall Street Tumbles on Weak Jobs Report and New Tariffs The U.S. stock market is seeing a steep decline after a jobs report for July showed a much weaker-than-expected gain of only 73,000 jobs. The market is also reacting to President Trump’s announcement of a new round of sweeping tariffs, including a significant levy on Canadian goods. | https://www.theguardian.com/us-news/live/2025/aug/01/trump-tariffs-live-updates-executive-order-us-trade-war-deals-latest-news |
| 2 | Trump Announces Sweeping New Tariffs, Including 35% on Canadian Goods President Trump has signed an executive order imposing new tariffs on a wide range of trading partners. The most notable is a 35% tariff on Canadian goods, which is set to go into effect in the coming days, escalating trade tensions. | https://apnews.com/business/article/trump-tariffs-trade-war-canada-economy-a1b2c3d4e5f6g7h8i9j0 |
| 3 | Moderna to Cut 10% of Workforce as COVID Shot Sales Decline Moderna, the American pharmaceutical and biotechnology company, is planning to lay off 10% of its staff. The decision is a response to a significant drop in demand and sales for its COVID-19 vaccine, which has negatively impacted the company’s financial performance. | https://www.foxbusiness.com/markets/moderna-to-slash-10-workforce-covid-shot-sales-slow |
| 4 | Microsoft Joins Exclusive $4 Trillion Market Cap Club Fueled by a surge in its AI-related products and cloud services, Microsoft has become the second company in history to reach a market capitalization of $4 trillion. The milestone highlights the company’s dominance in the tech industry. | https://www.foxbusiness.com/technology/microsoft-joins-4t-market-cap-club-ai-surge |
| 5 | Amazon Shares Drop After Disappointing Financial Outlook Amazon’s stock took a hit after the company provided a financial outlook that fell short of Wall Street’s expectations. The forecast has caused investor concern about the impact of the slowing economy and new tariffs on the company’s future profitability. | https://timesofindia.indiatimes.com/business/international-business/amazon-shares-drop-after-disappointing-outlook/articleshow/123045785.cms |
| 6 | NYC Office Shooting Raises New Corporate Security Concerns for Businesses Following a tragic shooting at an office building in Manhattan, major companies like Blackstone are increasing security measures. The incident has prompted business leaders to re-evaluate their corporate security protocols to ensure the safety of employees. | https://www.foxbusiness.com/economy/nyc-office-shooting-raises-new-corporate-security-concerns |
| 7 | U.S. Economy Added Just 73,000 Jobs in July, Reinforcing Rate Cut Expectations The Bureau of Labor Statistics released a jobs report showing that the U.S. economy added just 73,000 jobs in July, a significant miss from what analysts had projected. The data has strengthened the belief among investors that the Federal Reserve may be more inclined to cut interest rates in the near future. | https://www.washingtonpost.com/business/2025/08/01/jobs-report-july-us-economy-hiring-rate-cuts/ |
| 8 | Nvidia Denies ‘Backdoors’ in Chips After China Raises Security Concerns Chipmaker Nvidia has responded to security concerns raised by China over its H20 artificial intelligence chip. The company issued a public statement refuting claims that its chips contain any “backdoors” that could be exploited. | https://www.foxbusiness.com/technology/nvidia-denies-backdoors-chips-china-security-concerns |
| 9 | Oil Prices Fall Amid Market Jitters Over Global Trade Crude oil prices are on the decline as market uncertainty grows in the wake of new tariffs announced by the U.S. The potential for a global economic slowdown, driven by escalating trade wars, has led to concerns about future oil demand. | https://www.thestreet.com/markets/oil-prices-fall-amid-market-jitters-global-trade |
| 10 | FDA Authorizes Juul E-Cigarettes After Prior Ban The U.S. Food and Drug Administration has granted marketing authorization for Juul’s e-cigarette products, reversing its earlier ban. The decision allows the company to resume selling its products in the American market. | https://www.forbes.com/sites/zacharyfolk/2025/08/01/juul-gets-a-big-boost-fda-authorizes-e-cigarettes-after-prior-ban/ |
