Most institutional forecasters cluster around a 4.1% US unemployment rate for August (prior 4.1%). A minority expect 4.0% (Moody's, Nomura). A separate group pegs the rate at 4.2% (Citigroup, Jefferies, ING, ABN AMRO, Standard Chartered, Banco Santander, Scotiabank, UBS). Reuters consensus: 4.1%.

Iranian government spokesman said severe sanctions have affected national resource security and hindered project implementation.

NVIDIA (NVDA.O) said CEO Jensen Huang announced the company agreed to acquire Hugging Face for $12.93 billion. The firms said they will scale the Hugging Face platform and strengthen its infrastructure while keeping it an open platform for the broader AI ecosystem; developers may choose models, frameworks, cloud and inference providers and compute platforms, and using Hugging Face will not require NVIDIA compute. NVIDIA also disclosed an employee equity retention program for Hugging Face staff of up to $1 billion. The deal is expected to close in 1H 2027, subject to regulatory approvals.