Economic uncertainty persists as U.S. labor market data cools and political battles over Federal Reserve independence intensify.

The Trump administration has renewed its efforts to remove Federal Reserve Governor Lisa Cook, despite a prior Supreme Court ruling that upheld the central bank's independence.

U.S. labor market growth slowed significantly in July, with the economy shedding 23,000 jobs, a development that has tempered market expectations for immediate interest rate hikes.

Wall Street indices saw gains on Friday as the unexpectedly weak jobs report eased investor anxiety regarding aggressive monetary policy shifts in September.

President Trump criticized congressional efforts to regulate the artificial intelligence industry, claiming that current legislative proposals could drive the sector out of business.

Chinese technology firms, including Cambricon and Moonshot AI, are reporting strong revenue growth and capital raising activities as the nation continues a massive push toward AI self-sufficiency.

OpenAI announced a deceleration in the development of its Astra model due to security concerns, highlighting ongoing industry-wide debates over the pace of AI advancement and regulation.

Major Indian lenders, including ICICI Bank and Axis Bank, have returned to the U.S. dollar debt market for the second time in two months to raise capital.

Pakistan's government announced a minor reduction in petrol and diesel prices, even as the country navigates regional defense pacts and efforts to privatize energy assets like FESCO.