US economy

Bitcoin drops below US$80,000 as hot jobs data spurs US Federal Reserve hike bets

Bitcoin fell to as low as US$78,649.

US jobs surge in August, unemployment rate holds steady

Non-farm payrolls in the US surged by 162,000 jobs in August, zooming past forecasts.

US Fed says ‘positive’ economic outlook facing heightened uncertainty

Economic activity nationwide increased “modestly” since early July, the US Federal Reserve said.

Americans of all incomes head to dollar stores to stay frugal

Dollar General reported its fifth straight quarterly rise in store traffic, which was up 2 per cent.

New York City area saw US$3.5 billion in economic impact from FIFA World Cup

Football fans gather at Time Square for the World Cup final on July 19.

No surrender, no exit: Six consequences of six months of war in Iran

Iran’s slain supreme leader, Ayatollah Ali Khamenei, remains a revered figure around whom Iranians rally.

US consumer confidence hits seven-month low on worse outlook

Recent data showed US retail sales fell in July by the most in more than a year as consumers pulled back after strong growth in the first half of 2026.

Stocks rise and oil slips as traders eye Iran threat, Nvidia results

Asian stocks fluctuated on Aug 25 while oil edged up as investors assess a US plan for the “economic asphyxiation” of Iran.

Bitcoin tops US$80,000 as bullish mood returns to crypto market

Bitcoin is back in favour after the US said it will step up its bond repurchases in a bid to bring long-term yields lower.

Gold hits over 3-month high ahead of US inflation data, Fed chair speech

Spot gold was up 0.9 per cent at US$4,643.63 per ounce.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.