The U.S. unemployment rate jumped to near a three-year high of 4.3% in July amid a significant slowdown in hiring, heightening fears the labor market was deteriorating and potentially making the economy vulnerable to a recession.
The U.S. dollar fell in early European trade Friday after weak data fuelled fears of a sharp slowdown in the world’s largest economy, potentially prompting the Federal Reserve to aggressively loosen monetary policy.
Oil prices fell by more than $2 on Friday, set for their fourth straight weekly decline after data showed the U.S. economy added fewer jobs than expected last month, and as weak Chinese economic further pressured investor sentiment.
The launch of Segwit marked a significant milestone in the history of Bitcoin and showed the strength of the community in pushing protocol upgrades. Dashjr observed a similar scenario involving the planned modifications to the Bitcoin spam filter currently taking place. He recently tweeted his displeasure with the community’s lack of activity, claiming that many…
Asked by analysts about the prospect of a compromise with Exxon that could shorten the arbitration dispute, CEO Wirth said the idea would be “sensible” and has been tried, but “it doesn’t appear that is how this is going to end up.”
