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U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%

Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.

Sep 04, 2026 · Staff
Originally on Wedgetail
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Weather and war push up world food prices

PARIS - Food price inflation accelerated in August as drought and conflicts impacted commodity markets, with sugar prices hitting their highest level ...

Sep 04, 2026 · Staff
Originally on Wedgetail
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France announces €1 billion aid for farmers recovering from drought, heatwaves

France on Friday allocated more than €1 billion in aid to support farmers recovering from droughts after a brutal, record-breaking summer. The allocat...

Sep 04, 2026 · Staff
Originally on Wedgetail
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Anti-Drone Firm APS Said to Mull Options Including Possible Sale

Polish anti-drone company Advanced Protection Systems is in the early stages of exploring strategic options, which may include a potential sale, peopl...

Sep 04, 2026 · Staff
Originally on Wedgetail
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Treasuries Slide After Strong Jobs Data Lift Fed Hike Wagers

US Treasuries fell after US job growth topped forecasts in August, prompting traders to boost their expectations that Federal Reserve officials raise ...

Sep 04, 2026 · Staff
Originally on Wedgetail
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Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.

Sep 04, 2026 · Staff
Originally on Wedgetail
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As the China-US AI race reaches Cairo, Egypt faces a strategic decision

Egypt walks a tightrope as China and the US vie for dominance in AI data centre development.

Sep 04, 2026 · Staff
Originally on Wedgetail
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US automakers urge Congress to ban sale of Chinese cars in America

Sep 04, 2026 · Staff
Originally on Wedgetail
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Europe Gas Prices Head for Fourth Straight Weekly Gain

European benchmark natural gas prices on Friday headed for their fourth consecutive weekly gain as the re-escalation in the Middle East dampened hopes...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
WTI Back Above $91 as War Premium Returns

October WTI crude oil futures are trading at $91.80 Thursday night, up $8.36 or 10.02% for the week so far. The contract traded as low as $84.11 early...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
How Much Oil Is Really Getting Through the Strait of Hormuz?

Trump says the U.S. has effectively reopened the Strait of Hormuz, with 18 million barrels of oil reportedly crossing under American protection on Tue...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
Europe Gas Prices Head for Fourth Straight Weekly Gain

European benchmark natural gas prices on Friday headed for their fourth consecutive weekly gain as the re-escalation in the Middle East dampened hopes...

Sep 04, 2026 · Staff
Originally on Wedgetail