Raising Social Security’s full retirement age is political dynamite because it could make this group of people poorer
Changes to the full retirement age would have to be quick and steep to make a dent in the program’s shortfall. Source：MarketWatch
ADP says businesses create the fewest new jobs in 7 months. Hiring slowed in the summer.
ADP said U.S. businesses created just 36,000 new jobs in august, a second small increase in a row that pointed to a slowdown in hiring during the summer.…
How one strategist warned on semiconductor stocks within a day of their top
The chairman of JPMorgan Asset Management’s market and investment strategy warned on chip stocks within a day of their peak. Source：MarketWatch
Former UK Prime Minister Liz Truss says bond rout could force emergency spending cuts
The former prime minister said U.K. is among the worst examples of rising debt and warns the situation may have gone too far. Source：CoinDesk
Europe’s largest airline warns of jet-fuel prices at $140 this winter as it cuts capacity
Ryanair on Wednesday reduced its winter capacity to mitigate its exposure to unhedged jet fuel prices of $140 per barrel, illustrating the realeconomy impact…
Dell shares rise as demand jumps for AI servers — here’s what Wall Street analysts are saying happens next
Morgan Stanley, Goldman Sachs and Citigroup all raised their price targets for the technology company. Source：MarketWatch
XRP ETFs pull in $170 million over eleven days. Goldman tops institutional holders
Spot XRP funds have logged nine straight sessions of inflows, while Q2 filings show Goldman Sachs, Jane Street and Millennium among their biggest professional…
AI capital expenditure forecast to exceed the cost of building railways in both the U.S. and the U.K. — with the internet added on top
The accounting giant says the buildout of artificial intelligence differs from the development of railways and the internet because of its scale and spending…
HYPE treasury firm Hyperliquid Strategies boosts equity facility to $2.5B
The Nasdaqlisted company previously raised $647 million through the facility and accumulated about 29.3 million HYPE tokens. Source：Cointelegraph
OpenAI says its new 'Astra' AI can build attacks without human help
Astra is the first OpenAI model to reach its “Critical” cybersecurity threshold, meaning it can find previously unknown vulnerabilities and develop ways to…
Core DAO plans emergency hard fork after validators drew excess rewards
Core says the incident is contained and its planned forward upgrade will not roll back the network or reverse previously confirmed transactions.…
SEC proposes transfer agent rule, sets event to figure out round-the-clock U.S. trading
The U.S. Securities and Exchange Commission issued an agenda for its 24trading roundtable and proposed a new transferagent rule with blockchain implications.…