New York, Aug 7, 2026 (AFP) - Dollar drops, stocks climb as weak US jobs data eases rate fears

NAMPA / AFP

2026-08-07

The dollar fell sharply Friday after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rate hike by the Federal Reserve that could slow growth in the world's biggest economy. Stocks gained on the report that showed 23,000 jobs were lost last month, upending expectations that 80,000 to 100,000 new posts would be created. Wall Street's S&P 500 gained 0.6 percent to close at a new record, with the......

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Law & Politics

The Hague, Aug 7, 2026 (AFP) - ICC calls on Chad, Venezuela to reconsider withdrawals

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The Hague, Aug 7, 2026 (AFP) - ICC concerned after Chad, Venezuela withdraw

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The Hague, Aug 7, 2026 (AFP) - ICC concerned after Chad, Venezuela withdraw

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Madrid, Aug 7, 2026 (AFP) - Spain imposes border checks on Italy as migrant showdown grows

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