According to SEC filings, BlackRock (BLK.N) disclosed it held 51 million Class A common shares of SpaceX (SPCX.O) as of June 30.

The US sold euros to buy yen last week to support the Japanese currency and informed the European Central Bank only after the trades were executed, the Financial Times reported. ECB officials said they learned of the euro sales after execution on Friday. ECB President Lagarde spoke with US Treasury Secretary Bessent on Saturday. The operation was part of a rare US‑Japan coordinated effort to bolster the yen — the first in nearly 30 years — and, unusually, used euros rather than dollars. Some senior ECB officials called the decision to use euros an unprecedented breach of long‑standing cooperation norms. A person familiar with ECB discussions described the euro sales carried out by the New York Fed on behalf of the US Treasury as "striking" and "regrettable."

New York Times economics reporter Ben Casselman says July saw employer job cuts and May–June payrolls were revised down. The earlier hiring surge this year appears to have largely evaporated; the three-month average payroll gain is just 20,000 jobs per month.